Ahead of the official reveal, the high-performance M35i was teased on social media, showing off details such as its illuminated grille, large wheels and four round tailpipes. It was fully revealed on 11 October 2023, with the introduction of the first ever battery-electric iX2 model. Both models went on sale in early 2024. The BMW X2 and iX2 was presented to the public at the Japan Mobility Show in Tokyo on 26 October 2023. Deliveries to US showrooms started in March 2024.
Compared to its predecessor, it has a sloping roofline similar to the X6. The exterior has BMW kidney grilles in a hexagonal shape which has the option of BMW Iconic Glow contour lighting, LED rear lights with dual arrow light patterns which also mirrors the LED daytime running lights of the headlights, and first compact BMW to be available with 21-inch alloy wheels.
The interior has BMW Curved Display which houses the 10.25-inch digital instrument cluster and 10.7-inch touchscreen infotainment system (operated by BMW’s Operating System 9) with QuickSelect functions, a gear selector switch for the automatic transmission, and the omission of the iDrive control wheel (like in other entry-level BMW models).
The X2 M35i xDrive models features a 15mm lowered suspension, an Adaptive M suspension with sports steering, an M Compound braking system, M-specific design elements for the exterior and interior, and a quad exhaust system.