2024 BMW X2 and iX2 unveiled, Australian price and specs announced

The new-generation BMW X2 – and its electric iX2 sibling – have been revealed, with an Australian launch locked in for early 2024. Prices have risen significantly.

  • 2024 BMW X2 pricing and specifications
  • New-generation model adopts coupe-esque styling
  • Petrol-powered xDrive20i and M35i xDrive prices confirmed, iX2 to be locked in this month
  • Priced from $75,900 plus on-road costs

The 2024 BMW X2 and electric iX2 have been unveiled – the coupe-styled versions of the X1 and iX1 – ahead of Australian showroom arrivals due in early 2024.

And their arrival will coincide with significant price rises.

Whereas the previous model wore different bodywork to the equivalent X1 – but on the same underpinnings – the new X2 has effectively become an X1 'coupe', and is available with the option of electric power for the first time.

Mirroring the relationship between the BMW X5 and X6 – and X3 and X4 – the main difference between the X1 and X2 is the latter's sportier sloping roofline.

In Australia, the BMW X2 will be available in two petrol all-wheel-drive models – the xDrive 20i and the flagship M35i xDrive – as well as an iX2 xDrive 30 electric version.

Priced from $75,900 plus on-road costs, the BMW X2 xDrive 20i costs $5500 more than its conventionally-styled equivalent X1 sibling – but about $6000 cheaper than the larger, rear-wheel-drive X3 sDrive 20i.

It also represents a $22,400 increase compared to the outgoing X2’s entry-level sDrive 18i variant, which is priced from $53,500 plus on-road costs.

The outgoing front-wheel-drive X2 sDrive 20i was priced from $65,200 plus on-road costs.

Meantime, the flagship BMW X2 M35i xDrive will carry a $92,900 plus on-road costs price tag – $14,100 more than the outgoing X2 M35i, and $2000 dearer than the equivalent X1.

The new X2 is bigger in every dimension – 194mm longer (4554mm), 21mm wider (1845mm) and 64mm taller (1590mm). Its footprint is now almost as larger as a mid-size Mazda CX-5 SUV.

The BMW X2 xDrive 20i shares the X1's 2.0-litre turbocharged four-cylinder petrol engine (good for 150kW and 300Nm) which drives all four wheels through a seven-speed dual-clutch automatic transmission.

The outgoing X2 sDrive 20i developed 141kW and 280Nm, mated with a seven-speed dual-clutch gearbox and front-wheel drive.

BMW’s X2 M35i xDrive shares its 2.0-litre turbocharged four-cylinder 'B48' petrol engine with the X1’s same grade, developing 233kW/400Nm in Australia  – but only 221kW in regions with stricter emissions regulations, such as Europe.

The new X2 will also be offered in electric iX2 guise for the first time, again using the underpinnings of its iX1 twin-under-the-skin.

From launch, the BMW iX2 will only be available globally in xDrive 30 guise, sharing the iX1’s 230kW/494Nm dual-motor layout – good for a claimed driving range of up to 449km in European lab tests, courtesy of a 64.8kWh battery pack.

BMW Australia says local pricing and specifications for the iX2 will be announced later this month.

Australian-delivered BMW X2 xDrive 20i grades are fitted with 19-inch alloy wheels as standard, while the X2 M35i xDrive scores larger 20-inch rims.

Inside, all examples of the new X2 and iX2 will receive BMW’s new-generation iDrive 9 operating system, capable of receiving over-the-air software updates to its ‘Curved Display’ – which combines a 10.7-inch digital dash with a 10.25-inch infotainment screen.

2024 BMW iX2 xDrive30

Standard equipment now includes two-zone automatic climate control, BMW’s own satellite navigation system, an automatic tailgate, four USB-C ports, a 12-volt power socket and a sports leather steering wheel.

The BMW X2 is equipped as standard with the brand’s M Sport interior and exterior appearance package.

BMW has also upgraded the X2’s safety suite to include lane centring assist, adaptive cruise control (with stop and go), blind-spot monitoring, a 360-degree camera, parking assistant and drive recorders as standard.

The 2024 BMW X2 and iX2 are due in Australian showrooms early next year, following a European roll-out commencing in March 2024.

2024 BMW X2 Australian pricing

  • X2 xDrive 20i – $75,900
  • X2 M35i xDrive – $92,900 (up $14,100)

Note: All prices above exclude on-road costs.

2024 BMW X2 M35i xDrive interior

2024 BMW X2 xDrive 20i standard features:

  • 19-inch alloy wheels
  • M Sport appearance package
  • Automatic tailgate
  • Adaptive LED headlights
  • Adaptive M suspension
  • ‘Veganza’ vegan leather-look upholstery
  • M Sport leather steering wheel
  • Power-adjustable, heated front seats
  • Acoustic-glazed windows
  • 10.7-inch digital instrument cluster and 10.25-inch infotainment touchscreen
  • Head-up display
  • BMW iDrive 9 operating system (with over-the-air software updates)
  • Wireless and wired Apple CarPlay/Android Auto
  • Wireless smartphone charging
  • DAB digital radio
  • Satellite navigation
  • Autonomous emergency braking (AEB)
  • Adaptive cruise control (with stop and go)
  • Lane-keep assist
  • Lane centring assist
  • Blind-spot monitoring
  • 360-degree camera
  • Parking assistant
  • Drive recorder
  • Digital key
  • Available colours
    • Alpine White (no cost)
    • Black Sapphire Metallic ($1800)
    • M Brooklyn Grey Metallic ($1800)
    • Fire Red Metallic ($1800)
    • Skyscraper Grey Metallic ($1800)
    • Cape York Green Metallic ($1800)
    • M Portimao Blue Metallic ($1800)
    • Frozen Portimao Blue ($5000)
    • Frozen Pure Grey ($5000)

2024 BMW X2 M35i xDrive adds (over xDrive 20i):

  • 20-inch alloy wheels
  • M performance brakes (including blue calipers)
  • M-specific kidney grille, mirror caps and aerodynamic highlights
  • Four exhaust tips
  • Panoramic glass roof
  • ‘Vernasca’ leather upholstery
  • 12-speaker Harman Kardon sound system

The optional Enhancement Package, available on the X2 xDrive20i for $4700 (or $3700 when metallic paint is already selected) includes:

  • Metallic paint
  • Panoramic glass roof
  • Heated steering wheel
  • Front row lumbar support with massage function
  • 12-speaker Harman Kardon sound system

The optional M Sport Package Pro, available on the X2 xDrive20i for $4900 (or as a no-cost option on the M35i xDrive) includes:

  • M Shadowline headlights
  • M seat belts
  • M Sport brakes (with red calipers)

Additional individual options include:

  • M Compound brakes ($2000, X2 M35i xDrive only)
  • 20-inch ‘873 M’ style wheels (standard on X2 M35i xDrive, $2000 for X2 xDrive20i)
  • 20-inch ‘869’ style wheels ($2000 for X2 xDrive20i, or $500 with M Sport package Pro)
  • 21-inch ‘874 M’ style wheels ($2000 for X2 M35i xDrive)
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Jordan Mulach

Jordan Mulach is Canberra/Ngunnawal born, currently residing in Brisbane/Turrbal. Joining the Drive team in 2022, Jordan has previously worked for Auto Action, MotorsportM8, The Supercars Collective and TouringCarTimes, WhichCar, Wheels, Motor and Street Machine. Jordan is a self-described iRacing addict and can be found on weekends either behind the wheel of his Octavia RS or swearing at his ZH Fairlane.

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