XM Label
$310,400 +ORC
- Powertrain
- 4.4L twin-turbo V8 plug-in hybrid

BMW
Ultra-luxury PHEV M halo SUV
From $310,400 plus on-road costs
The XM is BMW M's first standalone model since the M1, and the first M-only car ever built as a plug-in hybrid.
We haven't driven the XM yet. On paper, ANCAP has not rated the XM. Confirm 25.7 kWh battery range claims match your commute pattern, the headline EV figures assume freshly charged use. Active Roll Comfort is impressive on smooth roads, less convincing on poor surfaces.
M halo buyers wanting the first standalone M car since the M1, PHEV converts after 88 km WLTP for the silent school run, audiophiles drawn to the standard Bowers and Wilkins Diamond on V8 grades, and trailer pullers wanting 2,500 kg braked behind full M power.
Pace and poise
Cabin quality up top
5 yrs / unlimited km
Warranty
Battery 8 yrs / 160,000 km.
| Grade | Price from | Powertrain | Key differences |
|---|---|---|---|
| XM Label | $310,400 +ORC | 4.4L twin-turbo V8 plug-in hybrid |
$310,400 +ORC
Boot space. 1,820 L seats down
Safety rating. No Australian crash rating for this model yet
Drivetrain
Look at the alternatives if you want a more conventionally styled luxury SUV, a lighter platform under the badge, or you cannot stomach a $297k-plus entry that overlaps Cayenne Turbo E-Hybrid and Urus SE.
Pricing opens at $310,400 plus on-roads for the XM Label and tops out at $310,400 plus on-roads for the XM Label, across 1 variants. Prices checked October 2026, so confirm with a dealer.
550 kW combined and 1,000 Nm makes the Label Red the most powerful production BMW M car ever sold, with 0 to 100 km/h in around 3.8 seconds.
Up to 88 km of WLTP EV range on the 50e and around 82 km on the V8 grades, from a 25.7 kWh usable battery.
2,500 kg braked towing across the range, useful in a luxury SUV of this size.
The XM is BMW M's first standalone model since the M1, and the first M-only car ever built as a plug-in hybrid. Three grades for Australia: the inline-six XM 50e at 350 kW combined, the V8 XM at 480 kW combined, and the Label Red flagship at 550 kW and 1,000 Nm. All variants use an 8-speed M Steptronic automatic, xDrive AWD, Active Roll Comfort anti-roll and integral active steering. The 25.7 kWh battery delivers up to 88 km WLTP EV range, with 2,500 kg braked towing across the range.