A Panzer 38(t) analog with a Hispano-Suiza V8 engine?

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The Panzer 38(t) was a successful light tank design that ended up widely exported, and in some instances, such as the Swedish version, was equipped with a different powerplant than the original Praga EPA. What I would like to check is whether some foreign version could plausibly have received an engine like the Hispano-Suiza V8 E or later type, considering that it was a well-known and easily available design in the interwar years?