
Instead of passing the new 2% New Energy Vehicle (NEV) Levy onto customers, the company has decided to absorb the cost itself.
The NEV tax, introduced in the federal budget for 2025–26, affects all petrol and hybrid vehicles. Many automakers have already increased their prices in response, but MG is sticking to the original ex-factory price set when the HS Trophy launched in January 2025.
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The early bird discount that was available earlier ended in June, and now the SUV is back to its official launch price starting July 1.
Similarly, Haval Pakistan has also announced it won’t hike prices and will cover the 2% NEV Levy themselves. This decision offers some relief to customers amid widespread price increases from other car manufacturers.
MG and Haval’s choice to absorb the new tax stands out, especially as most of the market braces for higher vehicle costs due to rising levies.