The i5 Sedan will debut in October 2023 alongside the next-generation gas-powered 5 Series, according to new information from BMW about its EV release plans. The company also intends to reveal the iX2 SUV this year, as well as an i5 touring EV in 2024. All of this is part of the company’s plan to have battery EVs (BEVs) “in virtually every major segment of its business” by 2023.
BMW will effectively release its new 5 Series cars, including the electric i5, at the same time as it did the i7. The new BMW 5 Series Sedan can be offered in all-electric and plug-in hybrid variants, as well as powered by highly efficient petrol and diesel engines with 48V mild hybrid technology,” the company wrote.
BMW said it will release a M performance version of the i5, noting that its all-electric i4 M50 was its best-selling M vehicle last year. In 2024, it will also introduce a touring i5. “The BMW 5 Series Touring is very popular, especially in Europe,” BMW chairman Oliver Zipse said. “It will also be available in an all-electric version beginning in spring 2024, giving us a truly unique selling point in this segment.”
The iX2 crossover SUV, likely based on the upcoming X2 ICE model and a successor to the $83,200 iX, will be another notable addition next year. The latter model was perhaps best known for its unusual grille, but it also had some good features, including a 321-mile EPA range.
Furthermore, BMW confirmed that both Rolls-Royce and Mini will be fully electric by 2030. In the short term, the company stated that “by 2024, at least one in every five of the company’s new cars will have a fully-electric drive train; by 2025, every fourth new vehicle delivered should be a BEV; and, by 2026, around one in three.” It plans to sell two million electric vehicles by 2025 and deliver ten million to customers by 2030.