Following weeks of speculation and high-octane buzz, Hyundai Nishat Motor is officially set to unveil the pricing and booking details for its flagship SUV, the Palisade, today, Monday, February 23, 2026.
The launch marks a historic milestone for the local automotive industry as Pakistan becomes the first country outside South Korea to produce the Palisade in Completely Knocked Down (CKD) form.
Hyundai Nishat is planning to launch PKDM Palisade in Q1 2026. It is beleived that this is going to be a 3.8 V6 295 horse power SUV with american price tag of around 40,000$. What price tag in Pakistan will make it successful? My take is if they launch a non hybrid one, they… pic.twitter.com/jz8QpVpmCi
— Waqas Ahmed (@waqas03) December 12, 2025
Expected Pricing & Competitive Landscape
While the official ex-factory price will be announced later today, market analysts and industry insiders have shared strong estimates based on the current SUV segment:
| Model | Estimated/Current Price | Status |
| GWM Tank 500 HEV | Rs. 2.05 Crore | Direct Competitor |
| Toyota Fortuner (GR-S) | Rs. 1.99 Crore | Mid-size Alternative |
| Hyundai Palisade (Hybrid) | Rs. 1.6 – 2.1 Crore (Est.) | Price Reveal Today |
Analyst Note: To disrupt the market, Hyundai may position the Palisade aggressively against the TANK 500. Some used/imported variants are currently listed around Rs. 1.6 crore, but the new CKD flagship model is expected to sit at the premium end of the local lineup.
Key Specifications (Pakistan Variant)
The Pakistani-assembled Palisade is confirmed to be a powerhouse, focusing on the “Hybrid” demand currently dominating the 2026 market.
- Engine: 2.5-liter Turbo Hybrid powertrain.
- Performance: Delivering a combined 329 horsepower and 460 Nm of torque.
- Dimensions: It will be the largest SUV in the local market, with a wheelbase longer than both the Toyota Fortuner and the GWM Tank 500.
- Seating: A true 3-row, 7-seater configuration featuring individual captain’s seats in the second row.
- Safety: Expected to feature 7 airbags and Hyundai’s advanced ADAS (Driver Assistance Systems) suite.
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Timeline for Buyers
Hyundai has accelerated its schedule due to “overwhelming” public response:
- Booking Start: February 23, 2026 (Today).
- Vehicle Display: Scheduled for June 2026 at major dealerships.
- Customer Deliveries: Expected to commence in August 2026.
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