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2023 BMW XM Is a Hybrid Super-SUV with 644 HP and a Crazy Design

Serving as M’s new flagship, this 6000-pound plug-in hybrid features a twin-turbo V-8 and starts at $159,995. Plus, there’s an even more powerful 735-hp version coming soon.

• BMW has revealed the new 2023 XM, a performance SUV with a plug-in-hybrid powertrain.
• It features a twin-turbo V-8 and an electric motor that combine to produce 644 horsepower and 590 pound-feet of torque.
• The XM starts at $159,995 and will go on sale in the U.S. in the first quarter of 2023.

BMW M is best known for sports sedans like the M3 and M5. But the performance division is going in many new directions as of late, and the new 2023 XM combines many of these fresh elements in a single vehicle—fitting, as this is meant to be M’s new flagship. As an SUV that’s available exclusively as an M, the XM also introduces a new plug-in-hybrid powertrain that’s the first hybrid ever to wear the M badge. The concept version of the XM proved controversial when it made its debut last year, and now we have all the details on the production version that’s slated to go on sale in the U.S. in the first quarter of 2023.

The XM’s powertrain consists of a twin-turbo 4.4-liter V-8 combined with an electric motor integrated into the eight-speed automatic transmission. There’s also a 25.7-kWh battery pack that enables an estimated electric driving range of 30 miles. Total output sits at 644 horsepower and 590 pound-feet of torque, and there will be an even more powerful Label Red version coming later on with a claimed 735 hp and 735 pound-feet. This makes the XM the most powerful current production BMW—and it’ll need all that grunt to move around its 6062 pound mass.

More on the XM

Were it not an M exclusive, the XM might otherwise wear the X8 designation. It’s considerably larger than both the X5 and X6, but smaller than the three-row X7, much like the relationship between Audi’s Q7 and Q8 SUVs. The XM is a two-row model with five seats, and its interior features many of the wilder design elements seen on the concept version. A two-tone blue and brown leather color scheme is available, and the brown «vintage» leather is meant to look aged. There’s also an interesting pattern in the headliner that’s accompanied by LED lighting elements that pulse when you receive a phone call or try to open the door when an object is sensed outside.

The exterior design is more angular and imposing than many of BMW’s other SUVs. The large kidney grilles up front are flanked by split headlights like those on the latest X7. A strong, accented character line rises along the side and kicks up at the rear doors as a nod to the classic BMW Hofmeister kink. There are BMW logos engraved into each upper corner of the rear window, and the aggressive-looking taillights wrap around the sides. Quad exhaust tips and diffuser elements give the rear bumper a racy look. 23-inch wheels are standard, but 22-inchers are optional, and BMW says the smaller size saves weight.

Adaptive dampers are standard equipment, as is an electronically controlled limited-slip rear differential and a rear-biased all-wheel-drive system. 48-volt active anti-roll bars are a feature new to BMW M, although the XM uses traditional steel springs rather than an air suspension. Our initial drive of a prototype XM earlier this year revealed a surprisingly engaging driving experience, largely thanks to the steering tuning, so we look forward to sampling the final version to see if the spry handling is preserved.

The XM will compete with other high-po SUVs such as the Audi RS Q8 and Mercedes-AMG GLE63, and is even aiming for higher targets including the Aston Martin DBX and Lamborghini Urus. It will start at $159,995, but options should add a considerable sum to that total, and the more powerful Label Red model will carry a sticker price of over $185,000. Like it or not, this super-SUV now represents the pinnacle of the M lineup, and it’ll start arriving at U.S. dealerships early next year.

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Despite being raised on a steady diet of base-model Hondas and Toyotas—or perhaps because of it—Joey Capparella nonetheless cultivated an obsession for the automotive industry throughout his childhood in Nashville, Tennessee. He found a way to write about cars for the school newspaper during his college years at Rice University, which eventually led him to move to Ann Arbor, Michigan, for his first professional auto-writing gig at Automobile Magazine. He has been part of the Car and Driver team since 2016 and now lives in New York City.

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2024 BMW XM

To the bewilderment of BMW M fans everywhere, the new BMW XM SUV arrived in the USA last year. It’s only the second dedicated M car designed from the ground up and not based on a normal BMW. The first was, of course, the legendary ’70s M1, so it was with mixed emotions that we welcomed the 6,000-pound hybridized XM SUV. And its looks didn’t help. All blocky and intimidating, with huge illuminated kidney grilles and a face only some could love, it looks like a combination of an uneasy pastiche of recent BMW styling cues and a Tonka toy. The normal 644-horsepower 2024 BMW XM we review here gains a 738-hp Label Red model this year — the most powerful BMW ever. With plug-in hybrid functionality, the hardware employed is broadly similar to what you’ll find in a rival such as the PHEV Porsche Cayenne Turbo S E-Hybrid, but the hard-edged aggression in its styling suggests that BMW is also targeting Mercedes-AMG G63 prospects with a more responsible hybrid offering. With a steep $160k starting price, the 2024 BMW XM has a tough time earning a recommendation over these rivals, even without taking into account the expectations that the M label creates.

2024 BMW XM Changes: What’s The Difference vs The 2023 XM?

The 2024 XM continues on unchanged except for a new addition to the lineup, the XM Label Red, slotting in at the top of the range at an eye-watering $185k — a $26k premium over the already-expensive regular XM. It becomes the most expensive XM and — with 738 hp — the most powerful BMW ever. Standard equipment is essentially the same as the normal XM, but the Label Red does come with upgraded full Merino leather inside in an exclusive Fiona Red/Black combination.

Pros and Cons

• Very quick and powerful
• 31-mile electric range
• Roomy cabin
• Top-class materials and finished
• Advanced infotainment

• Controversial looks
• Some rivals are quicker
• Unforgiving ride and hefty curb weight
• High price

What’s the Price of the 2024 BMW XM?

With an $159,000 MSRP, the price of the 2024 BMW XM is no higher than it was last year. The XM Label Red exacts a $26k premium with an MSRP of $185,000. These prices exclude the destination fee, which adds another $995 to the total cost.

2024 BMW XM Trims

See trim levels and configurations:

2024 BMW XM Handling and Driving Impressions

Overly firm suspension has spoiled quite a few recent M cars like the X5 M ,and we’re sad to report that the XM isn’t much better. Adaptive air suspension isn’t available at all for some reason, and the standard steel springs are simply too hard, even with the adaptive dampers in their Comfort setting. The air-suspension-equipped Cayenne does a far better job smoothing out the ride when you need comfort and not performance. The XM does the performance bit very well, and it corners with verve and accurate steering responses that isn’t expected at all of such a heavy beast. It really does feel athletic, and the M engineers have done a sterling job making it handle well. But this has come at the expense of comfort, and all the sumptuous furnishings and spacious «M Lounge» second row feel like a bit of a waste, considering the ride never settles down. This year’s Label Red is properly quick too, but it still can’t quite match its Porsche rival — and now costs even more than it. At least it’s a proper EV, with sufficient punch to get around on the electric motor without holding up traffic, seamless regenerative braking, and a decent range.

Verdict: Is The 2024 BMW XM A Good SUV?

The BMW XM leaves us puzzled and we don’t know where it’s trying to fit in. There’s a properly quick Label Red performance model this year, but it hardly matches the Cayenne Turbo S E-Hybrid, is significantly more expensive, and cannot hope to match the Porker on ride comfort. It has a bigger battery and more range, but the Porsche fights back with a significantly better 18 mpg combined, when battery power runs out. The XM’s quite terrible 14-mpg combined figure is the same as a Mercedes G63, so why not just do the stand-out thing properly and get a G instead? We don’t see how an all-electric range is going to be a must-have for a dedicated M-car buyer anyway. The XM is great to drive and properly sporty, but it’s simply too compromised.

What 2024 BMW XM Model Should I Buy?

For the proper M experience, the Label Red offers the kind of performance expected of the brand. But it’s $26k more expensive than the regular XM and gives you little more than better leather and a 0.4-second reduction in the sprint to 60 mph. In practice, the standard XM is quick enough, and we’d rather opt for it rather than the extremely expensive flagship. It can still make a case for itself for less money than a Cayenne Turbo S E-Hybrid, if you must have an XM. Either way, we’re not convinced of either its qualifications to rule this class or its M credentials.

2024 BMW XM Popular Comparisons

The most popular competitors of 2024 BMW XM:

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