BMW has unveiled the highly-anticipated eighth-generation 5 Series with the headline news being the arrival of a high-power electric i5 M60 xDrive model. The 2024 BMW 5 Series sports sedan will feature a revised CLAR architecture accommodating petrol, diesel, hybrid and electric power. The battery housing has been changed, making it stiffer than the previous models. The i5 M60 has a combined system output of 380kW and 820Nm offering a claimed 0-100km/h time of 3.8 seconds, with a top speed of 230km/h. The European model range also includes rear-wheel drive and all-channel drive petrol and diesel versions, as well as an eDrive 40 plug-in hybrid model. Upon launch in Australia, the model range and pricing will be determined. A new BMW M5 performance flagship is expected to follow the standard range in about 12 months, featuring plug-in hybrid V8 power.