Honda Atlas is among the latest automakers to revise prices, raising HR-V e:HEV from Rs89Lac to Rs1.03 Crore, an increase of Rs13Lac. The revised price came into effect on July 1, 2026, making the HR-V e:HEV one of Pakistan’s newest SUVs to cross the Rs. 1 crore threshold.
Earlier this week, Toyota updated prices for its hybrid lineup. The Corolla Cross HEV X now costs Rs. 10,299,000, up from Rs. 8,935,000, while the Corolla Cross HEV has climbed to Rs. 9,849,000 from Rs. 8,535,000. Petrol-powered Corolla Cross variants remain unaffected.
The end of tax incentive sent ripples across automotive industry. Several manufacturers have reportedly suspended invoicing and deliveries of hybrid vehicles while awaiting official clarification on the applicable GST. The reduced tax rate was introduced under the previous five-year automotive policy to encourage the adoption of cleaner and more fuel-efficient vehicles.
The latest revisions underline the immediate impact of the government’s tax policy, with buyers now facing additional costs ranging from just over Rs. 1 million to more than Rs. 2.5 million on hybrid vehicles.