2026 BMW XM price and specs: Range cut and price dropped

• 2026 BMW XM pricing and specifications
• Previous range-topping XM Label now the sole model available
• AC charge rate raised from 7.4kW to 11kW
• Priced from $309,900 plus on-road costs

The flagship plug-in hybrid SUV from BMW – and the only unique model in the BMW M line-up – has been treated to a specification update.

Rather than sweeping styling or interior tech changes, BMW has limited changes to new wheel designs, and colour and trim options.

As before, the 2026 XM Label is powered by a 430kW 4.4-litre twin-turbo V8 engine coupled with a 145kW electric motor integrated into the eight-speed automatic transmission, resulting in a 550kW/1000Nm combined output.

Despite being the most powerful BMW production car available, the XM isn't the quickest, with its 3.8-second 0-100km/h time trailing models like the M8 Competition (3.2sec), M4 CS (3.4sec) and fellow plug-in, the M5 Competition (3.5sec).

The only mechanical specification change for the updated XM is an upgraded onboard AC charger allowing a peak charge rate of 11kW in place of the previous 7.4kW charger.

BMW claims a full charge can be completed in 2 hours and 45 minutes, 1 hour and 15 minutes quicker than before.

Electric range is rated at 98km (NEDC) and fuel consumption in test conditions is 2.7L/100km.

The new XM Label will arrive in Australia priced from $309,900 plus on-road costs, more than the previous entry-level 2025 XM (from $302,200) but less expensive than the 2025 XM Lavel it replaces (from $344,200).

The range of personalisation options has been updated with BMW Individual Frozen Tanzanite Blue exterior paint added to the colour palette.

New welcome light animations, a gloss black kidney grille surround, and standard 22-inch alloy wheels are also offered in overseas markets (with 22-inch alloy wheels already standard for Australian XM models, with 23-inch wheels an option).

Newly added interior colourways include Night Blue with Vintage (brown) Leather, Silverstone II (white) with Black contents, and Black with exclusive elements and Vintage Leather.

Styling elements like the front and rear bumpers, running lights, and tail lights are unchanged as part of this update.

Australian deliveries of the 2026 BMW XM are expected to begin in the fourth quarter (October to December) of 2025.

• XM Label – $309.900 plus on-road costs

• BMW M hybrid combining BMW M TwinPower V8 and electric motor
• 8-speed M Steptronic transmission with Drivelogic incl. gearshift paddles
• XM badging in Red
• Active M Differential
• Adaptive M Suspension Professional
• Hybrid, Electric and eControl modes
• Head-up display
• Adaptive LED headlights
• M Dynamic Mode, M-specific switchable functions for DSC
• M xDrive incl. 4WD, 4WD Sand and 4WD Sport modes
• M Sport exhaust system
• M Leather steering wheel with multifunction buttons
• M Gear selector
• M Multifunctional front seats with integrated headrests and illuminated ‘M’ designation
• Comfort pillows on rear seats for all upholstery options
• Light Carpet (projected onto road surface)
• M Sport Brake system
• 22-inch M light alloy wheels, finished in Jet Black
• Brake-pad wear indicator
• Four-wheel steering
• Hill descent control with electromechanical parking brake
• Driving Assistant Professional, incl. adaptive cruise control
• Parking Assistant Plus, incl. Reversing Assistant
• 20-speaker Bowers and Wilkins Surround Sound system
• BMW Individual Leather Merino Upholstery
• BMW M Interior trim, Carbon Fibre
• Sun Protection Glazing
• Seat Massage, front
• Lumbar support for driver and front passenger
• Sculptural headlining in 3D Alcantara prism structure with ambient lighting
• Heated Steering Wheel
• Heated front armrests
• Cup holder, heated and cooled in front centre console
• Keyless entry with push-button start
• Tyre pressure monitor
• Wireless charging in front storage tray
• BMW Iconic Sounds Electric
• BMW Service Inclusive Basic, 5-Year / 80,000km

Interior

• Interior in Silverstone II with Vintage Leather
• Interior in Deep Lagoon with Vintage Leather
• Interior in Night Blue with Vintage Leather – New
• Interior in Black with Vintage Leather – New
• Interior in Silverstone II – New
• Interior in Sakhir Orange
• Interior in Black
• M ‘Carbon Fibre’ Standard
• M ‘Carbon Fibre’ signature trim

Wheels 

• 23" M light-alloy wheels double spoke style 923, Jet Black 
• 23" M light-alloy wheels double spoke style 923 M Bicolour, Jet Black with Solid Jet Black burnished finish
• 23" M light-alloy wheels star spoke style 923 M Bicolour Night Gold accent, Black with Night Gold burnished finish
• 23" M light alloy wheels Star-spoke style 1096M with mixed tyres – New

Brakes

• M Compound Brakes, Red high-gloss calipers     
• M Compound Brakes, Black high-gloss calipers 

Note, all items listed above are no-cost options

Kez Casey migrated from behind spare parts counters to writing about cars over ten years ago. Raised by a family of automotive workers, Kez grew up in workshops and panel shops before making the switch to reviews and road tests for The Motor Report, Drive and CarAdvice.

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