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According to retailers, the new Makita 18V cordless cut-off tool, XCM01, will be launching later this month, September 2023.
The Makita XCM01 is a 3″ brushless cut-off tool with forward and reverse operation, 20,000 RPM max speed, and LED light.

The cut-off tool also features an electric brake that stops the wheel in 2 seconds or less.

It’s designed for one-hand operation.

A tool-less dust collection guard is included. With the guard attached, the tool can make cuts up to 5/8″ deep.
It weighs 2.6 lbs with battery (sold separately).
Price: $179 (tool-only)
COO: China
The XCM01 cut-off tool is compatible with Makita 18V LXT batteries.
Also Consider

At the time of this posting, the Dewalt 3-inch cut-off tool, DCS438B is $179 and eligible for a free PowerStack battery and starter kit promo.

The Dewalt 20V Max cut-off tool also features a brushless motor, 20,000 RPM max speed, and forward/reverse cutting.
It ships with a removable dust shroud with Dewalt AirLock connection (the DWV9000 adapter might be required for connection to universal-style 1-1/4″ vacuum hoses).
Price: $179 (tool-only plus free starter kit)

There’s also the Milwaukee M12 Fuel brushless cut-off tool, 2522-21XC. The M12 kit is $229 at the time of this posting, for the kit plus an additional bonus tool (not shown).