And two things I’m not so keen on. Here’s a first ride review thoughts of the whole new Shimano XTR gruppo.

Shimano XTR Di2 headlines
- No wires finally
- Still 12-speed
- Standard gear hanger
- More ‘tucked away’ Shadow ES mech design
- Shorter cage (GS) and standard cage (SGS) rear mech options
- Shorter cage for 9-45T cassette, standard cage for 10-51T cassette
- 160mm crank length option
- New brake design and new ‘low viscosity’ mineral oil
- Two new carbon wheelsets; cartridge bearings and new ‘Direct Engagement’ freehub design w/ 102 POE

Key price info
- XTR M9250 gearset (shifter, battery, charger, chain, mech) SRP £799.99
- XTR rear mech SRP £549.99
- XTR cassette SRP £399.99
- XTR cranks w/o chainring SRP £249.99
- XTR chainring SRP £129.99
- XTR disc brake set SRP £449.99 (2-pot), £499.99 (4-pot)
- XTR XC carbon wheelset SRP F: £814.99 & R: £884.99
- XTR Enduro/Trail carbon wheelset SRP F: £584.99, R: £664.99

It’s not a controversial stance to say that Shimano have been playing catch-up with its main rival SRAM for quite a while now. It started when SRAM kicked off the whole 1x drivetrain thang back in 2012. Shimano have seemingly been floundering since then.
In terms of electronically actuated drivetrains, Shimano actually had something of head start. The Japanese giant’s Di2 electronic drivetrain came out way back in 2009. SRAM didn’t appear with its AXS electronic stuff until 2019.

You’d be forgiven for asking just what the blinking flip has Shimano been doing for the past 16(!) years in terms of electronic drivetrains? The short answer, to this long period of time, is that Shimano went back to the drawing board. Repeatedly.
Anyway, to get to the point. Is the new Shimano Di2 XTR anything more than just catching up with SRAM AXS Transmission? The answer is “no”, in the bigger picture. But “yes” in the details.
I’ll list all the new parts and stuff later. But first, let’s get straight to my favourite things about the new XTR (and a couple of immediate niggles).

1. No more wires
At all*. No more of the fiddly and ugly ‘halfway house’ of previous Di2 with thin cables running from not-so-secreted batteries into mechs and shifters.
*if you see any pics of a new XTR Di2 rear mech with a cable running into it, that’s an ebike specific cable that’s drawing power from the main ebike battery.

2. New brake fluid
Yes, I’m excited about brake fluid. Because this is the main indication that Shimano have finally addressed the ‘wandering bite point’ that has plagued Shimano (mainly rear) brakes for years now. A thinner fluid and, tellingly, redesigned caliper seals, will hopefully consign the wandering bite point to history. I certainly didn’t experience any during my albeit brief test period. Also, the lever blade shape has been changed ever so slightly; they bend upwards a bit. I really like Shimano blades. YMMV.
3. The return of short(er) cage mechs
GS FTW! New XTR is still mainly going to be seen in the standard ‘SGS’ cage with a 10-51T cassette but the option of a shorter cage mech (requiring the use of a 9-45T cassette, more later) is going to be great for riders seeking a low AF profile derailleur set-up.

4. Shadow ES
Speaking of low profile mechs. All versions of the new XTR Di2 rear mech are designed to be as ‘narrow’ and tucked away as possible. It’s impressive and inspiring to look back down at your rear axle when riding along and basically you can’t really see the rear mech at all as it’s hidden by the chain stay above it.
5. No UDH required
The new XTR Di2 mechs will attach to any gear hanger. Including UDH. This means if you have a bicycle that isn’t UDH – and can’t be due to its suspension design, for example – you can still attach XTR Di2 to your bike. This means that you still have the issue of bending hangers – compared to SRAM Transmission – but the significantly narrower and higher profile of the rear mech combined with the new ‘Automatic Impact Recovery Function’ (the mech absorbs trail impacts and then automatically resets back into position) should greatlyu reduce this risk.

6. Shifter feels like a shifter
The XTR Di2 shifter feels more like a cable shifter (as opposed to the wooly computer mouse feel of SRAM AXS). There’s an actual, physical, indexed click when you actuate it. This is possibly the standout feature to me, oddly enough. The ergonomics of Shimano are back to their best.

7. Short cranks
Crank length options down to 160mm. Because long cranks have no place on off-road bicycles with wide-range gearing options (there is a 28T chainring size also available in XTR flavour now). A shorter GS cage set-up with 9-45T cassette, 160mm cranks and 28T chainring anyone? Yes please.

8. Cartridge bearing hubs
Whilst Shimano’s attempt to cling on to good ol’ ways of cup and cone bearings was weirdly admirable (cup and cone is theoretically the best yes but… real life), I won’t be alone in being pleased to see the move to cartridge bearings. It means I can willingly put Shimano wheels on my bike once more.

9. Redesigned freehub
Some of you may remember some of the first Microspline rear hubs from Shimano. They weren’t great. They made lots of worrying creaking and clicking noises and they felt through your feet like you’d installed the incorrect chain or something. And then they failed to engage completely as the insides fell to bits. Anyway. These are not those. The new Direct Engagement freehub has a nicely ‘Goldilocks’ number of points of engagement (POE), namely 102. Or, 3.5° if you prefer. Enough to be consistent without being hyperactive. And there’s a noticeable lack of drag when coasting, which is lovely.

10. Fast shifting
This is the biggie I suppose. It’s certainly the most immediate thing that differentiates XTR Di2 from Transmission-era SRAM AXS. Shifting takes place pretty much instantly as you actuate the shifter paddles. There’s no delay while the system waits for the ‘right’ cassette teeth to come along. Does this mean the shifting is rougher or noisier? Occasionally so, yes. Is it a better experience for regular bikes (ie. not ebikes)? Yes it is.
A lot of drivetrain technology of late has clearly had ebikes as the principle use. Which is understandable and I’m fine with it. I ride eebs more than I ride regular bikes, truth be told. But it was still nice to get on the new XTR Di2 stuff and feel like it was still designed just as much for regular bikes as it is for ebikes. It was still a tactile and rapid rider response experience. There was none of the delay or ‘distancing’ of rider versus machine that old giffers like me can still experience with ebikes.

So what didn’t I like?
1. No more index finger shifting
You don’t realise you like something until it’s gone. Both of the shifter paddles on the new XTR Di2 shifter are actutated by your thumb. Which for the vast majority of time is fine. But I won’t be alone in those riders who like to shift into harder gears, whilst stood up cranking out of the saddle, using my index finger. Hopefully this may be something that Shimano can address and amend in future iterations of shifter firmware? Fingers crossed.
2. Non-adjustable clutch tension
The new rear mech does away with the one-way friction clutch design that’s adjustable via a dinky Allen key (on higher tier groupset). The new clutch is a fixed two-spring design. Which is no doubt stronger and better at keeping the chain under control but for suspension nerds out there (ahem) it’s a shame to remove the ability to tone down the mech’s affect on the wheel rebound.













Shimano XTR Di2 components in full
Rear mechs
“You can’t hurt what you can’t hit—the XTR M9250 rear derailleur with new “SHIMANO SHADOW ES technology is stronger than ever and features a low-profile wedge design. The stabilizer unit blends seamlessly into the body of the derailleur, eliminating edges so it glances off trail obstacles and avoids most rock strikes and impacts on the trail. When the inevitable hits do happen, the derailleur absorbs the impact and then Shimano’s automatic impact recovery function instantly returns the derailleur to its original position.”




RD-M9250 – Wireless Rear Derailleur
- SHIMANO SHADOW ES Technology
- Precise wireless shifting
- Robust structure with skid plate design
- Solid pulley construction
- Removable and rechargeable onboard battery
- Long Cage RD-M9250 SGS for use with 10-51T Cassette
- Mid Cage RD-M9250 GS for use with 9-45T Cassette
RD-M9260 – Rear Derailleur for E-MTB
- SHIMANO SHADOW ES Technology
- Wired rear derailleur for E-MTB
- Constant power supply from e-bike battery
- AUTO SHIFT technology
- FREE SHIFT technology
- Long Cage SGS
- 12-Speed RD-M926012 for HYPERGLIDE+
- 11-Speed RD-M926011L for LINKGLIDE
CS-M9200-12 – Cassette Options
- Smoother, more durable shifting under load
- 12-Speed HYPERGLIDE+
- MICRO SPLINE
- Optimized for lightweight and durability
- Cassette Options: 9-45T and 10-51T
Cranksets

FC-M9220 – Trail/Enduro Crank
- High-durability crankset for Trail/Enduro
- Enduro-specific spindle ensures stiff power transfer and impact resistance
- Proven HOLLOWTECH II construction
- Standard 176mm Q-Factor
- Crank Arm Length: 160, 165, 170, 175mm
- Chainline: 55mm
FC-M9200 – XC Crank
- Lightweight crankset for XC riding and racing
- Proven HOLLOWTECH II construction
- XC-friendly 168mm Q-Factor
- Crank Arm Length: 165, 170, 175mm
- Chainline: 55mm
Shifter


SW-M9250R – Di2 Shifter Switch
- SHIMANO RAPID ES technology
- Precise wireless shifting
- Tactile feel with each shift
- Multiple shift modes, including hold-down multi-shift, click-through double shift, or locked-out single shift
- Four-way paddle adjust
- Programmable third button on shifter for added customization – like controlling your bike computer or controlling FREE SHIFT and AUTO SHIFT functions through the E-TUBE app
- I-SPEC EV and clamp band options
Brakes
Trail / Enduro Brake Lever Development
“When it comes to power and consistency, the BL-M9220 brake lever features a redesigned SERVO WAVE track, which ramps power smoothly but quickly, and is ideal for trail and enduro riders. The new ERGO FLOW lever design ensures consistent rebound speed at any temperature with a reformulated low-viscosity mineral oil that flows consistently through the system in a wider temperature range. The combination of these two ensures stable piston movement within the system, delivering consistent performance and smooth power modulation.
“The brake levers feature Shimano ERGO FLOW technology and have been redesigned to move the pivot point closer to the bar, ensuring the levers follow the natural path of the rider’s finger when pulling the brake. The lever shape has also been refined with a new asymmetrical upswept design that meets your finger at its natural angle, encouraging an aggressive riding position and even weight distribution for better riding control.”
BL-M9220 – Enduro / Trail Brake Lever
- ERGO FLOW Technology
- Smooth SERVOWAVE power curve
- Low-viscosity oil that remains stable over a wider temperature range
- Closer pivot point and upswept lever blade for natural braking motion
- New reach adjust dial on lever body
- I-SPEC EV compatible
- Durable alloy lever blade
BR-M9220 – Enduro / Trail Brake Caliper
- Dual diameter 4-piston design
- Anti-rattle finned pad design
- Low-viscosity hydraulic brake fluid
- Caliper seals with consistent rebound speed
- One-piece caliper design for optimized rigidity and weight
BL-M9200 – XC Brake Lever
- Lightweight construction with carbon lever blade
- Magnesium master cylinder
- Low-viscosity hydraulic brake fluid
- I-SPEC EV compatible
BR-M9200 – XC Brake Caliper
- Lightweight 2-piston design
- Heat-resistant resin piston
- Low-viscosity hydraulic brake fluid
- Post mount
- Caliper seals with consistent rebound speed
Wheels





“Offered in a super lightweight XC option, or a more durable enduro option, the XTR wheels feature updated industrial cartridge hub design for easy service while focusing on superior sealing.”
WH-M9220 – Enduro / Trail Wheels
- Durable 29-inch carbon tubeless rim
- Hookless rim with 30mm internal width to prevent deformation and punctures
- Durable stainless-steel spokes
- 28-hole conventional structure
- 3.5-degree engagement angle
- Lower drag while coasting
- MICRO SPLINE
- CENTERLOCK disc brake
WH-M9200 – Lightweight XC Wheels
- Lightweight 29-inch carbon tubeless rim
- Hooked rim with 29.6mm internal width
- Lightweight titanium spokes
- 24-hole straight spoke structure
- 3.5-degree engagement angle
- Lower drag while coasting
- MICRO SPLINE
- CENTERLOCK disc brake

How much does it all weigh?
Er. I have no idea, yet. Sorry! We’ve not had our test samples arrive yet.
The big ol’ price list
PART NO | DESCRIPTION | SRP |
XTR GEARSET PACK | ||
GPM9250ISGS | XTR M9250 Di2 upgrade, SW-M9250 I-SpecEV, BT-DN320, EC-DN100, SM-CN910, SGS mech | 799.99 |
GPM9250BSGS | XTR M9250 Di2 upgrade, SW-M9250 band-on, BT-DN320, EC-DN100, SM-CN910, SGS mech | 799.99 |
GPM9250IGS | XTR M9250 Di2 upgrade, SW-M9250 I-Spec EV, BT-DN320, EC-DN100, SM-CN910, GS mech | 799.99 |
GPM9250BGS | XTR M9250 Di2 upgrade, SW-M9250 band-on, BT-DN320, EC-DN100, SM-CN910, GS mech | 799.99 |
XTR DISC BRAKE PACK | ||
IBRM9220KIT | BR-M9220/BL-M9220 XTR 4 pot bled brake levers and callipers, front and rear | 499.99 |
IBRM9200KIT | BR-M9200/BL-M9200 XTR 2 pot bled brake levers and callipers, front and rear | 449.99 |
XTR CRANKS & CHAINRINGS | ||
FCM9200A | FC-M9200 XTR crank set without ring, 55mm chain line, 12-speed, 165mm | 249.99 |
FCM9200C | FC-M9200 XTR crank set without ring, 55mm chain line, 12-speed, 170mm | 249.99 |
FCM9200E | FC-M9200 XTR crank set without ring, 55mm chain line, 12-speed, 175mm | 249.99 |
FCM9220A | FC-M9220 XTR crank set without ring, 55mm chain line, 12-speed, 165mm | 249.99 |
FCM9220C | FC-M9220 XTR crank set without ring, 55mm chain line, 12-speed, 170mm | 249.99 |
FCM9220E | FC-M9220 XTR crank set without ring, 55mm chain line, 12-speed, 175mm | 249.99 |
FCM9220M | FC-M9220 XTR crank set without ring, 55mm chain line, 12-speed, 160mm | 249.99 |
SMCRM9628 | SM-CRM96 Single chainring for XTR M9200 / M9220, 28T | 129.99 |
SMCRM9630 | SM-CRM96 Single chainring for XTR M9200 / M9220, 30T | 129.99 |
SMCRM9632 | SM-CRM96 Single chainring for XTR M9200 / M9220, 32T | 129.99 |
SMCRM9634 | SM-CRM96 Single chainring for XTR M9200 / M9220, 34T | 129.99 |
SMCRM9636 | SM-CRM96 Single chainring for XTR M9200 / M9220, 36T | 129.99 |
SMCRM9638 | SM-CRM96 Single chainring for XTR M9200 / M9220, 38T | 129.99 |
XTR INDIVIDUAL COMPONENTS | ||
TRANSMISSION – note when ordering RD you need to order battery & charger | ||
RDM9250GS | RD-M9250 Di2 Wireless XTR 12-spd rear mech without battery, HYPERGLIDE, GS | 549.99 |
RDM9250SGS | RD-M9250 Di2 Wireless XTR 12-spd rear mech without battery, HYPERGLIDE, SGS | 549.99 |
RDM926011LSGS | RD-M9260 Di2 STEPS wired XTR 11-speed rear mech, LINKGLIDE, SGS long cage | 549.99 |
RDM926012SGS | RD-M9260 Di2 STEPS wired XTR 12-speed rear mech, HYPERGLIDE, SGS long cage | 549.99 |
SWM9250IRA | SW-M9250-R XTR Di2 shift switch, wireless, I-SpecEV direct mount, right hand | 184.99 |
SWM9250RA | SW-M9250-R XTR Di2 shift switch, wireless, clamp band type, right hand | 184.99 |
CSM9200051 | CS-M9200 XTR cassette, 12-speed, 10 – 51T | 399.99 |
CSM9200945 | CS-M9200 XTR cassette, 12-speed, 9 – 45T | 399.99 |
BTDN320 | BT-DN320 Di2 wireless rear derailleur battery | 39.99 |
ECDN100 | EC-DN100 Di2 wireless rear derailleur battery charger | 29.99 |
DISC BRAKES | ||
M9200LR | BR-M9200/BL-M9200 XTR 2 pot bled brake lever/post mount calliper, rear left | 229.99 |
M9200RF | BR-M9200/BL-M9200 XTR 2 pot bled brake lever/post mount calliper, front right | 229.99 |
M9220LR | BR-M9220/BL-M9220 XTR 4 pot bled brake lever/post mount calliper, rear left | 249.99 |
M9220RF | BR-M9220/BL-M9220 XTR 4 pot bled brake lever/post mount calliper, front right | 249.99 |
BLM9200L | BL-M9200 XTR, complete brake lever, I-spec EV ready, left hand | 84.99 |
BLM9200R | BL-M9200 XTR, complete brake lever, I-spec EV ready, right hand | 84.99 |
BLM9220L | BL-M9220 XTR, complete brake lever, I-spec EV ready, left hand | 89.99 |
BLM9220R | BL-M9220 XTR, complete brake lever, I-spec EV ready, right hand | 89.99 |
BRM9200FR | BR-M9200 XTR 2 pot disc brake calliper, post mount, front or rear | 119.99 |
BRM9220FR | BR-M9220 XTR 4 pot disc brake calliper, post mount, front or rear | 134.99 |
DISC PADS | ||
BPP03ARFA | P03A-RF disc pads & spring, alloy back with cooling fins, resin | 29.99 |
BPP04CMFA | P04C-MF disc pads & spring, alloy/stainless back with cooling fins, metal sinter | 39.99 |
XTR WHEELS | ||
WHM9200FB1529 | XTR M9200 29er XTR wheel, 15x110mm E-thru, Center Lock disc, front | 814.99 |
WHM9200RB1229 | XTR M9200 29er XTR wheel, 12-speed, 12x148mm, Center Lock disc, rear | 884.99 |
WHM9220FB1529 | XTR M9220 29er XTR wheel, 15x110mm E-thru, Center Lock disc, front | 584.99 |
WHM9220RB1229 | XTR M9220 29er XTR wheel, 12-speed, 12x148mm, Center Lock disc, rear | 664.99 |
HUBS | ||
FHM9210BB | FH-M9210 XTR 12-speed MICRO SPLINE freehub, Center Lock disc, 32H, 12 x 148 mm | 264.99 |
FHM9210BC | FH-M9210 XTR 12-speed MICRO SPLINE freehub, Center Lock disc, 28H, 12 x 148 mm | 264.99 |
HBM9210BB | HB-M9210 XTR front hub, Center Lock disc, 32H, 15 x110 mm | 124.99 |
HBM9210BC | HB-M9210 XTR front hub, Center Lock disc, 28H, 15 x 110 mm | 124.99 |

GS is the medium cage for 9-45
SGS is long cage for 10-51
GS cage has my attention for a road cassette
I’m loving the idea of a short cage mech. 45t is plenty big enough for both my hardtail and my ebike and as the ebike is a mullet the extra clearance would be appreciated.
Would the 9-45 cassette fit on an existing microspline hub, or have they changed that as well?
Definitely interested in that and the short cage mech for the bikepark bike.
@Sharkattack it’ll fit existing Microspline yes but uses a different locking array and thus new tool required IIRC.
Worse looking xtr chainset to date though, and trying to copy SRAM stealth style brakes has made a mess of the brake levers. There’s too much aping of SRAM design language throughout (a negative). As well as it might function, xtr should be a thing of beauty, which this isn’t!
£600 mechs, half the forum with £50k in Premium bonds, still no-one can afford to watch WCDH 😀
I love this place 🙂
Maybe they do listen!
Been asking for a 9-45t cassette & shorter cage mech since the move to 1x and XD / microspline.
Now for the XT version.
I know prices have risen but this is crazy. A new XTR cassette cost more than I paid for my first MTB – a Kona Lavadome in 1990. I don’t know that I can afford to go riding any more.
Im assuming the xt version will be out next year?
9-45 with the short cage mech seems like the real benefit here as much as Id love to go wireless a mechanical version of that would be the one with a price thats justifiable for me
Any ideas on when the lower tier stuff will be released?
(XT will be sooner than you think.)
@one_bad_mofo you don’t have to buy XTR, much like you didn’t back in 1990. And the 2025 era Deore/CUES stuff is way better than 1990 XTR was!
@Sharkatack you can see the new lockring/cassette layout in the ‘gallery’ of pics above btw.
Pedant alert, M900 XTR didn’t arrive until 1992.
Like the idea of the shorter mech and prefer Shimano to Sram so may actually check out wireless in the future.
@Ben Haworth thanks for that, do you know if it’s just XTR, XT and Deore or is SLX slotting in there too?
I really hope the XT version of the rear mech is better looking than this. I’m not sure I could bring myself to attach that to my bike, which is a shame as I’ve been waiting for Shimano to catch up.
It’s a shame you haven’t had a test sample to ride given many of the other websites and tube influencer crowd have had it for months
Init. I rode it for two days back in February 🙂 Anyway, should hopefully be getting short cage, 4pots & mullet setup soonish.
So as an XTR fan boy I’m loving the new drivetrain, could you clarify if the new crankset is EP801 compatible, I’m guessing not.
I have to say that I won’t be swapping out my current XTR brakes on my bikes for the new design, they didn’t need the SRAM look, the current models are a thing of beauty unlike the redesign.
@Ben_Haworth do you know if there’s and SLX version coming?
Insert ‘Zipper-Mouth Face’ emoji here.