2026 BMW iX3 pricing to undercut key rivals in Australia

BMW Australia has announced pricing for the all-new iX3 electric SUV – the first model in the German automaker's new-generation 'Neue Klasse' series of EVs.

Launching in a single, dual-motor 50 xDrive trim grade across the ditch, the 2026 iX3 will be priced from AU$109,900 before on-road costs. The same model is expected to be the first grade to launch in New Zealand when the iX3 arrives locally later this year.

The Australian pricing announcement confirms the iX3 will undercut some key European and American rivals in its class.

In Australia, the new BMW SUV will be priced below direct rivals including the Audi Q6 e-tron quattro, Porsche Macan 4, and Polestar 3 Long Range Dual Motor, all of which are priced between AU$120,000-140,000 before on-road costs.

The heavily discounted Cadillac Lyriq remains the cheapest of the bunch, including in New Zealand where it is currently priced at $99,995 before on-road costs.

Arguably BMW’s most important model in years, the new iX3 kicks off a fresh generation of vehicles that embody significant changes in technology, design, and production processes.

All versions of the iX3 ‘Neue Klasse’ feature BMW’s sixth-generation eDrive technology, bringing more power, greater efficiency and range, and a superior charging rate.

In 50 xDrive form, BMW's mid-sized electric SUV features a dual-motor electric powertrain good for 345kW and 645Nm, paired with a 108kWh battery.

The new model also promises 805km of WLTP-tested driving range – the most of any new vehicle on sale in Australia. An 800V electrical system supports DC fast-charging at up to 400kW. 

The Heart of Joy, as BMW calls it, is one of the iX3’s four high-performance computers known as ‘superbrains’, and handles drivetrain and driving dynamics management. BMW says it processes information up to 10 times faster than conventional control units.

The interior is a dramatic departure from existing BMWs, debuting BMW Panoramic iDrive and a minimalist design language.

A huge 43.3-inch BMW Panoramic Vision display sweeps across the base of the windscreen, with driving information projected in the driver’s line of sight. The content on the centre and opposite side of the display can be configured using the touchscreen.

An additional head-up display projects information above the new pillar-to-pillar display.

The control centre of the iX3 is a large 17.9-inch infotainment touchscreen running BMW Operating System X. 

New Zealand pricing for the iX3 is expected to be announced next month, ahead of the models arrival in early Q3, 2026.

The second 'Neue Klasse' BMW, the i3 sedan, will be revealed for the first time on 18 March and is also expected to reach our shores by the end of the year.