2026 GWM Tank 500 price and specifications announced

Key highlights:

• Tank 500 diesel starts at $65,990 drive-away with a temporary $2000 discount
• New diesel delivers upgraded 3500kg towing capacity and 7.1L/100km
• First customer deliveries are due from mid-September 2026

The GWM Tank 500 diesel is now available to order in Australia, with the first customer deliveries due from mid-September 2026. The new diesel powertrain replaces the locally offered hybrid (HEV) model and brings a lower entry price, better fuel economy and a 3500kg towing capacity to GWM’s large seven-seat off-road SUV.

The Australian 2026 Tank 500 lineup now includes the diesel and slightly updated PHEV model only.

The Tank 500 remains a body-on-frame 4×4 with a premium, feature-heavy cabin and targets established family 4x4s such as the Toyota LandCruiser Prado, Ford Everest and Isuzu MU-X. The Chinese carmaker also plans to launch a more heavily updated Ultra PHEV model than the tuned 2026 PHEV variant with V2L addition locally.

Diesel replaces the HEV powertrain

The new 3.0-litre four-cylinder turbo-diesel marks the first time GWM has offered a diesel-powered Tank 500 in Australia, and it’s larger than the 2.4-litre diesel engine available in other markets. The diesel replaces the hybrid (HEV) in local showrooms, although the brand continues to advertise remaining Tank 500 hybrid stock.

The diesel produces 170kW and 620Nm, down from the hybrid’s 255kW and 648Nm and also uses less fuel, with a claimed 7.1L/100km compared with 8.5L/100km for the hybrid.

The diesel Tank 500 increases towing capacity by 500kg and retains the seven-seat capacity.

Every Tank 500 uses four-wheel drive and features locking front, centre and rear differentials. The diesel SUV uses a part-time 4×4 system, while the PHEV uses a torque-on-demand full-time system. The diesel variants also avoid the need for AdBlue.

The mildly updated Ultra PHEV SUV adds an AT-1 localised chassis tune and an upgraded 220V V2L boot outlet.

Exterior equipment and features

The standard exterior equipment and layout of the GWM Tank 500 Diesel mainly mirror the design footprint of the HEV and PHEV variants, but it introduces an all-new Vanta grade that adds a unique, blacked-out aesthetic theme.

The entry-level Lux diesel shares its exterior essentials with the legacy hybrid variants, like the two-tone 18-inch chrome alloy wheels and rear privacy glass, but the Vanta trim adds:

• Black 19-inch alloy wheels with Continental tyres
• All-blacked-out front grille, window trims, and tail light strips
• Gloss-black roof rails
• Electronic soft-close tailgate
• Larger panoramic sunroof
• Blacked-out electronic side steps

Both the Lux and Vanta diesel variants come factory-fitted with integrated trailer wiring and towing reverse camera optimisation.

The Tank 500 comes in four exterior colours: Marble White, Crystal Black, Onyx Silver, and Dune Gold. Marble White carries no extra charge, while Crystal Black, Onyx Silver and Dune Gold cost an additional $595.

Also read: 2026 GWM Cannon Alpha gets new 3.0-litre diesel and more tech

Interior equipment and features

GWM Tank 500 diesel retains the premium build quality of the lineup but introduces new software, cabin technology tailored for towing, and 7-seat capacity.

Both Lux and Vanta offer next-gen Coffee OS infotainment on the large 14.6-inch 2K central touchscreen with an exclusive 4×4 off-road telemetry screen. They also get the factory-integrated electric brake controller.

Lux interior and technology equipment:

• Keyless entry and start
• Rear privacy glass
• Front and rear differential lock
• Hill descent control
• Electronic parking brake with auto hold
• Wireless Apple CarPlay and Android Auto
• DAB+ digital radio
• 8-speaker sound system
• Wireless phone charger
• 12.3-inch digital instrument cluster
• 4-way power steering column adjustment
• Light, Comfort and Sport steering modes
• 8-way power driver’s seat with adjustable lumbar, memory
• 4-way power passenger seat
• Heated front seats
• Dual-zone climate control
• 7-colour ambient lighting

The Vanta trim adds:

• Head-up display
• 50W wireless phone charger
• Nappa leather-accented seat trim
• Heated, ventilated and massaging front seats
• Heated steering wheel
• Ventilated second-row seats
• Power-folding third-row seats
• Second-row manual window shades
• 64-colour ambient lighting
• 12-speaker sound system
• Active noise cancellation
• Auto-dimming rear-view mirror

The Vanta can also receive a black/apricot interior when buyers select Marble White or Crystal Black exterior paint. All Tank 500 models come with a black interior as standard.

Safety equipment of the 2026 lineup

The standard safety equipment in the 2026 GWM Tank 500 diesel and Ultra PHEV includes:

• Front, side, curtain, and a front-centre airbag 
• ISOFIX anchor points
• Autonomous emergency braking
• Blind-spot monitoring
• Adaptive cruise control
• Lane-keep assist
• Emergency lane-keep assist
• Driver fatigue monitoring
• Rear cross-traffic assist
• Traffic sign recognition
• 360-degree camera system
• Front and rear parking sensors
• Tyre pressure monitoring system
• Safe exit warning
• Traffic jam assist
• Trailer sway control

The Tank 500 carries a five-star ANCAP safety rating based on testing conducted in 2024 on the PHEV and discontinued hybrid variants.

Warranty and servicing

GWM provides the Tank 500 with a 7-year, unlimited-kilometre vehicle warranty. GWM also offers 7 years of capped-price servicing, although it has not yet announced the servicing schedule or pricing for the diesel model. The PHEV battery receives an 8-year, unlimited-kilometre warranty.

Pricing and local launch

The 2026 GWM Tank 500 is on sale right now, and the first physical shipments of the 2026 diesel model are scheduled to reach Australian dealerships in mid-September.

Customers who purchase a diesel Tank 500 before October 30, 2026 also get a choice of a $2000 discount or a $2000 fuel card.

GWM Australia has also confirmed that the Tank 500 PHEV will eventually get the new Coffee OS interface and system overhaul in the 2027 update.