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Price for BMW iX3 2026: First new-class EV undercuts important competitors by thousands

BMW has announced local pricing for the all-new model iX3 Electric SUV – the first representative of the German car manufacturer’s “Neue Klasse” series.

The 2026 iX3 will be available in single-motor and dual-motor 50 xDrive trim levels $109,900 before on-road costs when it lands on Australian soil, alternative battery and motor combinations will be available early next year.

This undercuts direct competitors such as the Audi Q6 e-tron quattro, the Porsche Macan 4, the Polestar 3 Long Range Dual Motor and the Genesis Electrified GV70, all of which cost between $120,000 and $140,000 (excluding on-road costs). However, the heavily discounted Cadillac Lyriq remains the cheapest on offer.

The new-generation iX3 is also just $5,000 more expensive than the previous model in the top-spec single-motor trim.

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The new iX3 is arguably BMW’s most important model in years, ushering in a new generation of vehicles that embody significant changes in technology, design and production processes.

All versions of the iX3 “Neue Klasse” are equipped with BMW’s sixth-generation eDrive technology, providing more power, greater efficiency and range, as well as superior charging speed.

In 50 xDrive form, BMW’s mid-size electric SUV features a twin-motor electric drive with 345 kW and 645 Nm, paired with a 108 kWh battery.

The new model also promises a WLTP tested range of 805km – the longest range of any new vehicle currently sold in Australia. An 800 V on-board electrical system supports DC fast charging with up to 400 kW.