A high-speed modification of the Pz. II intended for light divisions formed from the cavalry. The Pz.Kpfw.II Ausf. D tank had a completely new hull and suspension. The turret and guns were taken from the Ausf. C. version. The suspension had eight large-diameter paired wheels with individual torsion bars and no support rollers. The tanks with enhanced suspension elements, including new drive and idler wheels, were designated Ausf. E. According to various sources, about 200–250 vehicles of the D and E modifications were manufactured.