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GWM Tank 500 2024: Australian pricing and specifications


GWM has announced the starting price of its new Tank 500 SUV that will go head-to-head with the Toyota Land Cruiser Prado in Australia

GWM Australia has confirmed the local starting price of its upcoming hybrid SUV, the Tank 500

In base Lux Hybrid guise, the large Chinese SUV has been priced at $66,490 driveaway, or roughly $4300 less than the current driveaway price of a Toyota Land Cruiser Prado GX

Updated February 14th, 2023: Pricing has also now been confirmed for the high-spec Ultra Hybrid Tank 500 of the two-variant lineup, the flagship version available from $73,990 driveaway.

2024 GWM Tank 500 side angle studio shot
Pricing has been confirmed for the new GWM Tank 500 large SUV

The Tank 500 will be uniquely positioned in the Australia new car market, with the model being the only seven-seat large hybrid SUV available on local shores. 

GWM’s bigger brother to the Tank 300 SUV will be powered by a 2.0-litre hybrid petrol engine that produces 255kW/648Nm and is mated to a nine-speed automatic transmission. 

Unfortunately, the twin-turbo V6 engine available overseas will not be offered in Australia at launch.

2024 GWM Tank 500 interior wide shot
Large 14.6-inch screen to be centrepiece of the Tank 500’s cabin

As one of the new model releases Chasing Cars is looking forward to in 2024, the GWM Tank 500 SUV on Australian roads in the second quarter of this year.  

Standard specification rundown for the Tank 500

The base Lux Hybrid includes the following features as standard:

  • 14.6-inch centre touchscreen
  • Three-zone climate control
  • 360-degree camera
  • Auto parking assist 
  • Auto reversing assist
  • Lane departure warning and lane keep assist 
  • Electronic rear differential lock
  • 800mm wading depth
  • 3000kg towing capacity 
2023 GWM Tank 500 front 3/4 on the road driving
We are still waiting to hear about the Ultra Hybrid’s price

The flagship Ultra Hybrid will add additional features such as:

  • Nappa leather seat upholstery 
  • Massaging front seat function
  • 2nd row window shades
  • 64-colour ambient lighting 
  • 12-speaker Infinity sound system
  • Electronic side steps
  • Electronic locking differential
  • Soft close tailgate 

GWM Tank 500 2024: prices in Australia

All prices listed are driveaway.

  • Lux Hybrid: $66,490
  • Ultra Hybrid: $73,990

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