Sazgar Set to Roll Out Hybrid SUV Tank-500 by End of March

Sazgar Engineering Works is preparing to launch Pakistan’s first locally assembled full-size hybrid SUV.

Read More: https://theboardroompk.com/pia-fuel-prices-arif-habib-warns-of-shutdown-risk-amid-rising-aviation-costs/

The company will begin trial production of the Tank-500 Hi4-T by the end of March 2026.

Market Shift Towards Hybrids

Pakistan’s auto industry is moving steadily towards energy-efficient vehicles.

Sazgar’s entry into the hybrid segment marks a significant milestone for local manufacturing.

Vehicle Variants and Pricing

The Tank-500 will be available in both HEV and PHEV versions. Ex-factory prices stand at Rs20.5 million for HEV and Rs22.5 million for PHEV. Booking amounts are Rs3 million and Rs3.5 million respectively.

This development follows earlier bookings announced in January.

Customers can expect deliveries in the coming months as trial production wraps up.

The SUV features a 2.0L turbo engine with advanced hybrid technology, offering strong performance and better fuel efficiency.

Sazgar has already completed its four-wheeler expansion plan.

The company invested Rs6.5 billion in new assembly lines, solar systems, and warehousing.

A fresh Rs22 billion expansion for a fully automatic paint shop is now underway to boost capacity to 54,000 units annually.

Industry experts view this launch as a game changer.

It brings premium hybrid SUVs within reach of Pakistani buyers at significantly lower prices than fully imported models.

The Tank-500 combines luxury features with off-road capability and modern hybrid powertrain.

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