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There will only one petrol version of the new 5 Series in Australia in a focus on electric power – and increased equipment levels likely to lead to higher prices.


The 2024 BMW 5 Series will come to Australia with just one petrol model – and two electric variants – and higher prices than before due to increased standard equipment levels.

Due in Australian BMW showrooms in the fourth quarter of 2023 (October to December), the 5 Series range will be slashed to one entry-level petrol model and two electric i5 variants for the new model.

It is down from six variants today – across four-cylinder, six-cylinder and V8 engines with petrol, diesel and hybrid power – and eight engine choices about a decade ago.



Prices are expected to rise to account for higher levels of standard equipment from the base model up – including a panoramic glass roof, heated front seats and more advanced technology.

Unveiled overnight, the new 5 Series and its electric i5 twin bring a bold new design, overhauled interior with larger screens, significantly larger body, and an updated range of engines.



The new car measures 5060mm long, 1900mm wide and 1515mm tall, riding on a 2995mm wheelbase – 97mm longer overall, 32mm wide, 36mm taller and 20mm longer in wheelbase, making it larger than its new-generation Mercedes-Benz E-Class rival.

All new BMW 5 Series models sold in Australia will be equipped with the M Sport styling package.

Powering the new entry-level 5 Series is a 2.0-litre turbocharged four-cylinder petrol engine, mated to an eight-speed automatic transmission, 48-volt mild-hybrid electrical system and rear-wheel drive.



BMW Australia quotes outputs of 153kW and 330Nm, however the power figure appears to include a 13kW boost from the mild-hybrid system, which can assist the engine under heavy acceleration, or switch it off when driving at constant speed to let the car coast, and save fuel.

The company claims a 0-100km/h acceleration time of 7.5 seconds for this model.



The i5 eDrive 40 electric variant is powered by a single electric motor at the rear with 250kW and 430Nm (in Sport Boost mode, or Launch Control), good for 0-100km/h in a claimed 6.0 seconds, and a top speed of 193km/h.

Meanwhile, the i5 M60 steps up to dual-motor all-wheel drive with outputs of up to 442kW and 820Nm, for a claimed 0-100km/h time of 3.8 seconds, and a 230km/h top speed.

BMW Australia quotes maximum driving range in European WLTP lab testing of 582 kilometres for the eDrive 40, and 516km for the M60, from a 81.7kWh (usable capacity; or 84kWh gross) battery.



The i5 can charge at up to 205kW on a DC public fast-charging station, claimed to deliver a 10 to 80 per cent recharge in about 30 minutes.

A 22kW AC on-board charger for recharging at home is standard equipment.

Standard features on the 520i include adaptive LED headlights, 19-inch wheels, a 12.3-inch digital instrument cluster, 14.9-inch touchscreen, Alcantara and synthetic leather-look seat trim, heated front seats, a 12-speaker Harman Kardon stereo, panoramic sunroof, head-up display, and a full suite of advanced safety technology.

Features optional on the outgoing 520i but standard on the new model include heated front seats with lumbar support, a power boot lid, and glass sunroof.

More expensive i5 models add larger wheels, adaptive suspension, rear-wheel steering, a 17-speaker Bowers and Wilkins stereo, four-zone air conditioning (up from the 520i’s two zones), ventilated front seats, and metallic paint.

A list of standard equipment – as confirmed by BMW Australia so far – is below.



The 2024 BMW 5 Series and i5 twins are due in Australian showrooms in the fourth quarter of 2023 (October to December).

2024 BMW 520i standard features:

  • M Sport package
  • M Sport suspension
  • Adaptive LED headlights
  • 19-inch alloy wheels with tyre repair kit
  • 12.3-inch digital instrument cluster
  • 14.9-inch infotainment touchscreen with Apple CarPlay, Android Auto, digital radio, voice control, over-the-air updates
  • M-branded Alcantara suede and Veganza synthetic leather-look seat upholstery
  • Sport front seats with heating and lumbar support
  • 12-speaker Harman Kardon surround sound system
  • Dual-zone automatic climate-control air conditioning
  • Head-up display
  • Panoramic glass sunroof
  • Keyless entry and start
  • Wireless phone charging
  • BMW Digital Key/Digital Key Plus functionality for iPhones, Samsung Galaxy phones
  • Power-operated boot lid
  • Remote engine start
  • BMW Iconic Glow illuminated front grilles
  • Carbon-fibre-look interior trim
  • Ambient interior lighting
  • Autonomous emergency braking
  • Adaptive cruise control
  • Lane-keep assist
  • Lane centring assist
  • Blind-spot monitoring
  • Front and rear cross-traffic alerts
  • Automatic parking
  • Front and rear parking sensors
  • Automated Manoeuvre Assistant feature
  • Tyre pressure monitoring

2024 BMW i5 eDrive 40 adds (over 520i):

  • 20-inch alloy wheels
  • Adaptive suspension
  • Rear-wheel steering
  • 17-speaker Bowers and Wilkins surround sound system
  • BMW Individual Merino leather upholstery
  • Metallic paint
  • 22kW AC on-board charger
  • Mode 2 and Mode 3 charging cables
  • Low-speed pedestrian warning sounds
  • BMW IconicSounds Electric (synthesised driving sounds)
  • Five-year Chargefox public fast charging subscription

2024 BMW i5 M60 adds (over i5 eDrive 40):

  • 21-inch alloy wheels (no-cost option)
  • Adaptive M suspension
  • Electronically-controlled anti-roll bars
  • Four-zone automatic climate control
  • Ventilated front seats
  • CraftedClarity Glass crystal material for touchscreen controller, gear shifter, start/stop button, volume roller dial
  • M rear spoiler

Alex Misoyannis

Alex Misoyannis has been writing about cars since 2017, when he started his own website, Redline. He contributed for Drive in 2018, before joining CarAdvice in 2019, becoming a regular contributing journalist within the news team in 2020.

Cars have played a central role throughout Alex’s life, from flicking through car magazines at a young age, to growing up around performance vehicles in a car-loving family.

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