GWM Tank 500 vs BMW X2

What's the difference?

VS
GWM Tank 500
GWM Tank 500

$64,490 - $78,490

2026 price

BMW X2
BMW X2

2024 price

Summary

2026 GWM Tank 500
2024 BMW X2
Safety Rating

Engine Type
Inline 4, 2.0L

Turbo 4, 2.0L
Fuel Type
Unleaded Petrol/Electric

Premium Unleaded Petrol
Fuel Efficiency
2.1L/100km (combined)

7.4L/100km (combined)
Seating
5

5
Dislikes
  • Some body-roll
  • Intrusive driver-assist tech
  • Fuel use not as good as hoped

  • Pricier than some rivals
  • Some options should be standard
  • Overly thick steering wheel
2026 GWM Tank 500 Summary

The arrival of the GWM Tank 500 Ultra PHEV is noteworthy because it’s the first plug-in hybrid Tank model in Australia.

It’s also a major event for the Aussie adventure-travel community because it’s a plug-in hybrid 4WD with five seats, high- and low-range gearing, and a front, centre and rear diff lock.

The Tank 500 PHEV gets more power and torque than its hybrid stablemate, offers about 120km electric-only driving range (listed), and it can be used as a 6kW mobile power station (V2L) at your campsite. Towing remains at 3000kg.

There’s a lot in this Tank’s favour: it’s a body-on-ladder-frame chassis large 4WD with a packed standard features list and real off-road adventure potential.

All of that – and more – for under $80 grand.

But does the plug-in set-up add anything substantial in terms of daily driveability or does it simply make this Tank an $80,000 camp-site generator?

Read on.

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2024 BMW X2 Summary

BMW’s original X2 crossover from 2018 was not a massive sales success in Australia. The related X1, however, was and continues to be a very popular pick in the ultra competitive premium small SUV class. 

BMW has flipped the script for the second-generation X2, giving it a dramatic makeover that ushers in a bold design that’s now in keeping with its SUV strategy. That is to offer a ‘conventional’ SUV - X1, X3 and X5 - and then a coupe-style sibling - the X2, X4 and X6 - to sit alongside it.

Beyond the new look there are significant changes throughout the car, including the introduction of an all electric version - the iX2.

We drove the two flagship grades at the international launch in Lisbon, Portugal - the petrol-powered M35i xDrive, and the iX2 xDrive30. They might look the same, but they maintain their own distinct characters. Let’s dive in…

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Deep dive comparison

2026 GWM Tank 500 2024 BMW X2

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