BMW may finally release an all-electric M5, but not until 2024

2020 BMW M5

The BMW M5, the high performance variant of the 5-Series sedan, is an iconic and sought after vehicle that was once the most fastest saloon car in the world.

Now it may be getting a facelift, and not just on the outside, as Car Magazine is reporting the next-generation M5 may be fully electric, but it won’t arrive until at least 2024.

The current BMW M5 is powered by a turbocharged 4.4-liter V8 engine with 600 horsepower and 553 lb-ft of torque. The electric version would be powered by three electric motors – two 250kW at the rear wheels, and a third electric motor of the same size at the front.

Add it all up and you get an impressive 750kW, or 1,006 horsepower from the tri motor design, achieving a 0-60mph time estimated at 2.9 seconds.

According to documents seen by Car Magazine, it would feature a 135kWh battery pack coupled with a 400V charger, which may eventually be upgraded to a 800V charger. All that would be able to push the electric M5 a reported 435 miles (700km) on a single charge.

While it is promising to hear plans of BMW releasing an all-electric M5, 2024 is still a long ways away, and we’ve all heard before about the next ‘Tesla-killer’ that never comes to fruition.

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Founder and Editor-in-chief of Drive Tesla Canada | Darryn@DriveTeslaCanada.ca Have a Tesla tip? Email tips@driveteslacanada.ca, or DM us on Twitter @DriveTeslaca