Latest family SUV with striking credentials unveiled in Australia with updated 2026 Cupra Formentor to tackle BMW X2 and Mazda CX-30

Cupra has officially unveiled the updated range for its sweet-steering Formentor small SUV in Australia, ahead of the start of deliveries late next month.

The range has been consolidated for 2026, with a new mild hybrid variant starting the range off from $53,990 (drive-away).

This means it is $7000 cheaper to buy into the Formentor range (before on-road costs), but elsewhere there have been some substantial price increases, particularly for internal combustion examples.

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The cheapest petrol-powered Formentor now retails from $57,490 (before on-road costs), which is up from $51,990, but it will be available with a drive-away offer of $61,990.

The Formentor takes on other small SUV rivals across different powertrain choices, such as the petrol powered BMW X2 and up-spec versions of the Mazda CX-30.

Plug-in hybrid variants of the Formentor have also experienced a decent price jump, starting from $68,990 (before on-road costs), up from $64,990, although it also has a drive-away offer of $74,490.

The updated petrol version of the Formentor still features a 2.0-litre turbo-petrol engine, which produces 150kW, up from 140kW.

2026 Cupra Formentor

The juiced up petrol version has seen a slight power increase of 17kW and now produced 245kW, while getting other performance upgrades like a torque vectoring rear differential for added handling boosts.

To compensate for the extra cost, the PHEV set-up has seen a more substantial increase in power, now producing 200kW - an increase of 90kW.

It has also been given DC fast charging capabilities, as well as a boosted electric-only range up to more than 100km, according to Cupra.

2026 Cupra Formentor

On the inside, there is a 12.9-inch central touchscreen, along with synthetic suede upholstery and a power operated and massaging driver seat.

Cupra has introduced an optional ‘Extreme’ package which costs $6500 on the plug-in hybrid and $7000 on the more powerful ICE variant.

This unlocks features such as carbon fibre-backed bucket seats in a grey upholstery as well as performance Akebono brakes on the ICE and Brembo ones on the PHEV.

2026 Cupra Formentor

These variants complete the Formentor range for 2026, following the announcement of the high-performance variant of the car, which was announced last month.

2026 Cupra Formentor pricing Australia