New Auto Policy 2026–31: How Much Will Prices Drop? - PHEV, ICE, REEV & EV New Prices - Pakistan

Breaking: Pakistan's PM approved the final draft of the new Auto Policy 2026–31 (20 Oct 2026). PHEVs could drop by up to Rs 27 lakh — but range-extender cars get costlier. Should you buy now or wait? Tell me in the comments! What you'll learn: New sales tax: PHEV 18% → 9% (25% → 9% above 2000cc), ICE 1400–2000cc 25% → 18%, REEV 1% → 6%, BEV stays 1%, HEV unchanged PHEVs lose CVT and FED; cars up to 1000cc: FED 2.5% → 0; new Automotive Development Levy 0% / 2% / 10% Estimated PHEV drops: Tank 500 ~Rs 27.1 lakh, Jetour T2 ~16.5, Haval H6 PHEV ~15.5, Omoda 7 ~13.7, MG HS ~13.2, Jaecoo J7 ~12.9 lakh; Chery Tiggo 7/8/9 PHEV only ~5–6 lakh Petrol cars: Jolion ~4.36 lakh, Alsvin ~3.26, Corolla Altis ~2.91, City ~2.32, Fronx ~2.30 lakh cheaper; above 2000cc may get costlier (10% levy — Fortuner ~Rs 2.05 → 2.17 crore, Express Tribune) Small cars: Alto ~Rs 73–81k, Cultus ~1.06 lakh, Stonic ~1.44 lakh cheaper REEVs ~5% costlier (Deepal S05, Arcfox T5); EV loans up to Rs 1 crore for 5 years 5-year plan: CBU customs duty down to 15% by 2031, booking advance capped at 20% with a price lock, $6bn export target Buy now or wait — and 3 risks before you book Chapters: 0:00 Intro 0:39 What the new Auto Policy draft is 1:06 New sales tax rates (PHEV, ICE, REEV, EV) 1:55 PHEV price drops (Tank 500, Jetour T2, Haval H6, MG HS, Jaecoo J7) 2:49 Petrol cars & small cars (Jolion, Corolla, City, Alto, Cultus) 3:47 REEV gets costlier, EV unchanged 4:33 5-year plan: customs duty to 15%, booking cap 5:04 Buy now or wait? + 3 risks This is still a draft: it must pass the IMF, ECC, federal cabinet and Parliament, and rates can change. Prices are PakWheels estimates assuming makers pass on 100% of the benefit. Not financial advice. Sources: PakWheels, ProPakistani, Dawn, Express Tribune, Geo/The News (October 2026). The video is in Urdu. Subscribe for every auto-policy update. #AutoPolicy2026 #CarPricesPakistan #phev