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More power than Toyota LandCruiser 300 Series! 2024 GWM Tank 500 4WD pricing and specs confirmed

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The GWM Tank 500 has capable off-road credentials with a fuel-efficient hybrid powertrain.
The GWM Tank 500 has capable off-road credentials with a fuel-efficient hybrid powertrain.
Laura Berry
Senior Journalist
14 Feb 2024
3 min read

Chinese brand GWM has announced pricing and specifications for the largest, most expensive and newest model to join its Australian line-up - the Tank 500 off-road SUV.

The Tanks 500's entry-grade Lux is now available for $66,490 drive-away, with deliveries of the seven-seat SUV expected to start before the middle of 2024.

The price point will be an enticing factor for those looking for a luxurious, large, off-road-capable and cut-price alternative to the Toyota LandCruiser 300, which starts at a list price of $94,301.

Standard features in the Lux include 18-inch alloys wheels, LED headlights, rear privacy glass, sunroof, side steps, power and heated front seats, a 14.6-inch touchscreen with wireless Apple CarPlay and wired Android Auto, a 12.3-inch instrument cluster and three-zone climate control.

Above the Lux is the top-of-the-range Ultra, which is priced at $73,990 drive-away. That's similar to the price of a Ford Everest Sport ($72,490 BOC). The standard features list for the Ultra includes Nappa leather upholstery, ventilated and massaging front seats, heated and ventilated second row outer seats and a 12-speaker Infinity sound system.

Built on a ladder-frame chassis and equipped with full-time four-wheel drive with high- and low-range should make the Tank 500 a capable off-road vehicle.

And while it's yet to be tested against the likes of industry hardcore off-road benchmarks such as the Nissan Patrol and Toyota LandCruiser, the Tank 500's credentials look impressive.

The Tank 500 pairs a nine-speed hybrid automatic transmission to a 2.0-litre petrol-electric hybrid powertrain, with combined outputs of 255kW and 648Nm. This outguns the LandCruiser 300's twin-turbo V6's 227kW but falls short of the big Toyota's 700Nm of torque.

The Tanks 500’s entry-grade Lux is now available for ,490 drive-away, with deliveries of the seven-seat SUV expected to start before the middle of 2024.
The Tanks 500’s entry-grade Lux is now available for ,490 drive-away, with deliveries of the seven-seat SUV expected to start before the middle of 2024.

GWM says that a combined fuel consumption of 8.5L/100km can be expected. An 80-litre fuel tank should give the Tank 500 a range of approximately 940km.

Size-wise, the Tank 500's dimensions are almost the same as the LandCruiser's at 5078mm in length, 1934mm wide and 1905mm tall.

GWM says the Tank 500 has a wading depth of 800mm, which is 100mm more than the LandCruiser 300, and has a braked towing capacity of 3000kg, 500kg less than the LC300.

The Tank 500 joins the smaller Tank 300 in GWM's off-roader line-up.

GWM is also the parent company of Haval, which has a range including the Jolion and H6 SUVs, and the Ora electric hatch.

UPDATED FROM: 23/01/2024

Laura Berry
Senior Journalist
Laura Berry is a best-selling Australian author and journalist who has been reviewing cars for almost 20 years.  Much more of a Hot Wheels girl than a Matchbox one, she grew up in a family that would spend every Friday night sitting on a hill at the Speedway watching Sprintcars slide in the mud. The best part of this was being given money to buy stickers. She loved stickers… which then turned into a love of tattoos. Out of boredom, she learnt to drive at 14 on her parents’ bush property in what can only be described as a heavily modified Toyota LandCruiser.   At the age of 17 she was told she couldn’t have a V8 Holden ute by her mother, which led to Laura and her father laying in the driveway for three months building a six-cylinder ute with more horsepower than a V8.   Since then she’s only ever owned V8s, with a Ford Falcon XW and a Holden Monaro CV8 part of her collection over the years.  Laura has authored two books and worked as a journalist writing about science, cars, music, TV, cars, art, food, cars, finance, architecture, theatre, cars, film and cars. But, mainly cars.   A wife and parent, her current daily driver is a chopped 1951 Ford Tudor with a V8.
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