Lucky Motor Corporation (PSX:LUCK) has announced a sharp increase in the ex-factory prices of its KIA-brand vehicles, effective July 1, 2025. The price hike goes as high as Rs700,000 across select models.
The NEV levy on all internal combustion engine motor vehicles and motorcycles, introduced in the Finance Act 2025, came into effect from July 1, 2025 and covers all vehicle categories from basic motorcycles to luxury SUVs however electric vehicles are exempt from this tax.
The following chart outlines the price increase on different models
Lucky Motors increased the prices of its cars post budget 2025-2026