BMW Group Canada Unveils Electrifying Additions to the 5 Series: The 2024 i5 xDrive40 and 550e xDrive Plug-in Hybrid

In a move that electrifies the luxury sedan segment, BMW Group Canada has broadened its 5 Series offerings with two exceptional models designed for the discerning driver: the all-electric 2024 BMW i5 xDrive40 and the plug-in hybrid 2024 BMW 550e xDrive. This expansion caters to a growing demand for high-performance, sustainable vehicles, showcasing BMW’s commitment to innovation and its vision for the future of mobility.

The 2024 BMW i5 xDrive40: A New Era of Electric Driving

The BMW i5 xDrive40 emerges as the more accessible electric variant within the 5 Series range, previously only represented by the high-performance M60 xDrive. Priced from $83,700 CAD, this model is set to redefine expectations with its blend of efficiency, power, and cutting-edge technology. At its heart lies an 84.3 kWh high-voltage battery, promising an impressive range of up to 428 kilometres on a single charge, making it an ideal companion for both city commutes and longer journeys.

Powered by BMW’s latest eDrive technology, the i5 xDrive40 boasts two electric motors delivering a combined output of 389 horsepower and 435 lb-ft of torque. This setup ensures robust acceleration, enabling the sedan to sprint from 0 to 100 km/h in merely 5.4 seconds, while reaching a top speed of 210 km/h. Moreover, its xDrive all-wheel-drive system guarantees superior traction and handling across various driving conditions. The vehicle’s fast-charging capability is equally noteworthy, with a DC fast charger bringing the battery from 10% to 80% in about 30 minutes.

The 2024 BMW 550e xDrive: Hybrid Performance Redefined

On the hybrid front, the BMW 550e xDrive, starting at $84,200 CAD, stands out with its exquisite balance of performance and efficiency. This plug-in hybrid variant is propelled by a state-of-the-art in-line six-cylinder gasoline engine, part of BMW’s Efficient Dynamics family, coupled with a specially developed electric motor integrated into an 8-speed Steptronic Sport transmission. The synergy between the 19 kWh high-voltage battery and the latest BMW eDrive technology yields a staggering system output of 483 horsepower and 516 lb-ft of torque.

The 550e xDrive not only delivers exhilarating performance, with a 0 to 100 km/h time of 4.3 seconds and a top speed of 250 km/h but also offers a commendable electric-only top speed of 140 km/h. This plug-in hybrid model represents a leap towards sustainable luxury driving, providing an enhanced electric range and seamless power delivery.

Production and Availability

Set to commence production at BMW Group’s Plant Dingolfing, the i5 xDrive40 will roll off the assembly line in March 2024, with the 550e xDrive following in July. These additions to the 5 Series signify BMW’s ongoing efforts to enrich its lineup with environmentally friendly, yet uncompromisingly luxurious and high-performance vehicles.

As BMW Group Canada gears up to welcome these two electrified variants to the Canadian market, prospective buyers can look forward to experiencing the ultimate blend of innovation, sustainability, and driving pleasure that only BMW can deliver. With their introduction, BMW not only fortifies its position in the luxury electric vehicle market but also provides a glimpse into the future of automotive excellence.