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The 2024 BMW 5 Series has embraced electrification with open arms. In its eighth generation, this esteemed sedan has introduced an exciting addition to its lineup: the fully electric 2024 BMW i5. The brand is building upon the triumph of integrating electric and hybrid options in other models. In this article, we’ll dive into more details of the new BMW 5 Series.

Is there going to be a new BMW 5 series?

A white and red 2024 BMW 5 Series gas and electric sedan parked next to each other
2024 BMW 5 Series | BMW

Yes, there is indeed a new 2024 BMW 5 Series. Building upon the electrification trend, BMW has introduced a fully electric version of the 5 Series. The new EV comes alongside its conventional gas-powered models. Following the footsteps of the 4 Series, i4, 7 Series, and i7, the 5 Series adopts a unified platform that accommodates gasoline and battery-electric variants. While maintaining a more conservative design than the new 7 Series, the eighth-generation 5 Series boasts larger dimensions.

It has an increased overall length of 3.9 inches, 1.3 inches wider, 1.4 inches taller, and a stretched wheelbase of 117.1 to 117.9 inches. In addition, the elegant proportion of the dash-to-axle and the extended hood enhances its sophisticated appearance. Notably, the iconic BMW grille is present, although it is not as imposing as the one on the 7 Series, nor does it feature the distinctive design seen on the 4 Series and M3/M4.

How much is the BMW 5 Series 2024?

A red 2024 BMW I5 M60 driving down a two lane road
2024 BMW I5 M60 | BMW

The 2024 BMW 5 Series will hit the market in October 2023, offering a range of options to suit different preferences. The base model, the 530i, will start at an affordable price of $58,895, while the xDrive variant will be slightly higher at $61,195. For those interested in the electric version, the i5 eDrive40 will be available at a starting price of $67,795.

The most potent electric variant, the i5 M60 xDrive, comes with a higher price tag of $86,095. Additionally, the 540i xDrive will be offered for $65,895. Pricing details and availability for the plug-in hybrid electric vehicle (PHEV) option will be disclosed at a later date.

Is the 2024 BMW 5 Series EV fast?

A red 2024 BMW I5 M60 driving down a road in the mountains
2024 BMW I5 M60 | BMW

Indeed, the 2024 BMW 5 Series EV and hybrids showcase remarkable performance capabilities. The base electric variant, known as the eDrive40, features a rear-mounted electric motor that generates 335 horsepower and 295 lb-ft of torque, with the ability to be boosted up to 317 lb-ft in Sport Boost and Launch Control modes. With an electronically-limited top speed of 120 mph, the eDrive40 accelerates from 0 to 60 mph in a brisk 5.7 seconds. The eDrive40 surpasses the speed of its gas-powered counterpart, albeit slightly slower than the 540i xDrive.

Choosing the all-wheel drive i5 M60 xDrive is highly recommended for even more exhilarating performance. This top-tier model in the 5 Series range has two integrated drive units, each housing an e-motor and transmission mounted on the axles. The front setup delivers 257 horsepower, while the rear contributes 335 horsepower. Together, they generate a combined system torque of 549 lb-ft.

The torque can be further amplified to 605 lb-ft in M Sport Boost or M Launch Control modes. The i5 M60 xDrive achieves an impressive 0 to 60 mph acceleration time of 3.7 seconds, accompanied by an electronically-limited top speed of 143 mph when equipped with performance tires (or 130 mph with all seasons). It’s worth mentioning that Launch Control is also available on the eDrive40 model.

Would you buy a new 2024 BMW 5 Series?

In conclusion, the 2024 BMW 5 Series offers EV and hybrid options, showcasing BMW’s commitment to electrification. The lineup includes the fully electric 2024 BMW i5, expanding their range of choices. With a unified platform accommodating both gas and electric models, the 5 Series combines elegance with larger dimensions. Pricing starts at $58,895 for the base model, while the electric i5 eDrive40 begins at $67,795. The 5 Series EV delivers impressive performance, with the eDrive40 accelerating from 0 to 60 mph in 5.7 seconds. The top-tier i5 M60 xDrive achieves an even quicker 0 to 60 mph time of 3.7 seconds. The all-new 2024 BMW 5 Series offers electrified luxury and exhilarating performance.


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