BMW’s i7 electric sedan is getting a performance upgrade from the masterminds at BMW M. The up- to-660-horsepower BMW i7 M70 xDrive is setting new internal records as its fastest, most powerful EV model yet.
Last April, the German luxury automaker released its first fully electric 7 series, the i7, with over 300 miles range and top-of-the-line luxury features, including an impressive 31-inch “theatre screen,” massaging seats, a panoramic sunroof, and more.
After rolling out in Europe and China, BMW’s electric sedan landed at US dealerships in the fourth quarter last year.
After delivering nearly 65,000 fully electric vehicles in the first three months of 2023, the BMW Group (including MINI) doubled EV sales (+112.4%) again while many EV makers have struggled.
The i7 has been a hot seller in China and is expected to be a “main growth driver” alongside its other premium models.
Although BMW’s CEO has confirmed there will be lower-priced electric models in the automaker’s lineup, the i70 M70 performance EV will not be one of them, being the automaker’s most powerful electric vehicle with up to 660 hp.
BMW i7 M70 xDrive (Source: BMW)
BMW releases its fastest fully electric vehicle yet
It’s official. The BMW i7 is getting an M performance upgrade. The i7 M70 xDrive will be the third and most powerful EV from BMW M.
With a dual electric motor, all-wheel-drive (AWD) system delivering up to 811 lb-ft (1,100 Nm) of torque and 660 horsepower, the BMW i7 M70 is the fastest, most powerful EV ever produced.
The big-body BMW can pick up quickly, with 0 to 62 mph (0 to 100km/h) capabilities in as little as 3.7 seconds when M launch mode or M sport boost function is enabled.
M sport mode enables performance-specific graphics and BMW Iconic Sounds Electric, an “M Performance specific note.” Sport mode further intensifies the experience with additional sounds.
BMW i7 M70 xDrive (Source: BMW)
Powered by two e-motors and the automaker’s fifth-generation eDrive technology, the BMW i7 M70 is a force. The rear axle motor, in particular, has a power density rating of 2.41 kW/kg, making it the most dynamic electric motor in BMW’s portfolio.
With 101.7 kWh of usable energy from the battery, the i7 M70 electric sedan has long-range capabilities of between 303 to 348 WLTP miles (488 to 560 km).
The performance i7 comes with a max range mode, increasing range by roughly 15% to 25%. However, the EVs top speed is limited to 56 mph (90km/h), and climate control will be deactivated.
For the first time, the BMW i7 M70 will come with a unique illuminated kidney iconic glow around the grille. The EV will also include M-specific design features along the flanks, at the rear, and in the interior.
The i7 M70 will be among the brand’s first models to include the updated BMW operating system 8.5 offering a newly designed home screen and quick select functions.
For BMW performance fans, the automaker has confirmed it will include a fully electric performance series 5 sedan. The i5 is set to launch in October, followed by the M performance version.
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Paris’ bike-share system, Vélib has long been considered one of the shining success stories of urban micromobility. With a massive fleet of over 20,000 pedal and electric-assist bicycles around Paris, the service has helped millions of residents and tourists get around the City of Light without needing a car or scooter. But lately, a growing problem is threatening to knock the wheels off this urban mobility marvel: theft and joyriding.
According to city officials and the service operator, more than 600 Vélib bikes are now going missing every single week. That’s over 30 bikes a day simply vanishing from the system – some stolen outright, others taken on “joy rides” and never returned.
“At the moment we’re missing 3,000 bikes,” explained Sylvain Raifaud, head of the Agemob company that currently operates the Velib system. That’s nearly 15% of over 20,000 Vélib bikes across Paris.
The sticky-fingered culprits aren’t necessarily professional thieves or organized crime rings. Instead, they’re often regular users who treat the shared bikes like disposable toys.
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The city estimates that many people have figured out how to pry the bikes out of the system’s parking docks, unlocking one for a casual cruise and then ditching it somewhere far from a docking station.
Once pried free, the bikes are technically usable for the next 24 hours until their automatic locking feature kicks in. At that point, the bikes are often simply abandoned. Some end up in alleyways. Others get tossed in rivers. A few just disappear completely.
And since the bikes are intended to be parked at their many docking stations around the city, they don’t have GPS chips, further complicating recovery of “liberated” bikes.
The issue started small but has grown into more than an inconvenience – it’s beginning to undermine the entire purpose of the service. With bikes going missing at such a high rate, many Vélib docking stations are left empty, especially during rush hours.
Riders looking for a quick commute or a convenient hop across town are increasingly finding themselves without available bikes, or having to walk long distances to find a functioning one.
That kind of unreliability chips away at user confidence and threatens to drive potential riders back into cars, cabs, or other less sustainable forms of transport at a time when Paris has already made great strides to dramatically reduce car usage in the city.
The losses are financially painful, too. Replacing stolen or vandalized bikes isn’t cheap, and the resources spent on tracking down missing equipment or reinforcing anti-theft measures are stretching thin. Vélib has faced theft and vandalism issues before, especially during its early years, but this latest surge has officials sounding the alarm with renewed urgency.
Officials acknowledge that there’s no easy fix. Paris, like many cities with bike-share systems, walks a fine line between accessibility and accountability. Part of what makes Vélib so successful is its ease of use and widespread availability. But those same features make it vulnerable to misuse – especially when enforcement is limited and the consequences for abuse are minimal.
The timing of the problem is especially unfortunate. In recent years, Paris has seen impressive results in reducing car traffic, expanding bike lanes, and promoting cycling as a key part of its sustainable transport strategy. Vélib is a cornerstone of that plan. But if the system becomes too unreliable, it risks losing the very people it was designed to serve.
Meanwhile, as Parisians increasingly find themselves staring at empty docks, the challenge for the city and Vélib will be to restore confidence in the system without making it harder to use. That means striking the right balance between freedom and responsibility, between open access and protection against abuse.
In a city where cycling is supposed to be the future of mobility, losing thousands of bikes to joyriders and sticky fingers isn’t just frustrating; it’s unsustainable.
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U.S. President Donald Trump and Elon Musk attend a press event in the Oval Office of the White House in Washington, D.C., U.S., May 30, 2025.
Nathan Howard | Reuters
When they lose a significant other, most men do indeed become a “TRAIN WRECK.” Then they pick up the pieces of their lives and start living again — paying attention to their personal grooming, hitting the gym and discovering new hobbies.
What does the world’s richest man do? He starts a political party.
Last weekend, as the United States celebrated its independence from the British in 1776, Elon Musk enshrined his sovereignty from U.S. President Donald Trump by establishing the creatively named “American Party.”
Few details have been revealed, but Musk said the party will focus on “just 2 or 3 Senate seats and 8 to 10 House districts,” and will have legislative discussions “with both parties” — referring to the U.S. Democratic and Republican Parties.
It might be easier to realize Musk’s dream of colonizing Mars than to bridge the political aisle in the U.S. government today.
To be fair, some thought appeared to be behind the move. Musk decided to form the party after holding a poll on X in which 65.4% of respondents voted in favor.
Folks, here’s direct democracy — and the powerful post-separation motivation — in action.
— CNBC’s Erin Doherty contributed to this report.
What you need to know today
And finally…
An investor sits in front of a board showing stock information at a brokerage office in Beijing, China.
US President Donald Trump, right, and Elon Musk, chief executive officer of Tesla Inc., during a news conference in the Oval Office of the White House in Washington, DC, US, on Friday, May 30, 2025.
Francis Chung | Bloomberg | Getty Images
When they find themselves without a significant other, most men finally start living: They pay attention to their personal grooming, hit the gym and discover new hobbies.
What does the world’s richest man do? He starts a political party.
Last weekend, as the United States celebrated its independence from the British in 1776, Elon Musk enshrined his sovereignty from U.S. President Donald Trump by establishing the creatively named “American Party.”
Few details have been revealed, but Musk said the party will focus on “just 2 or 3 Senate seats and 8 to 10 House districts,” and will have legislative discussions “with both parties” — referring to the U.S. Democratic and Republican Parties.
It might be easier to realize Musk’s dream of colonizing Mars than to bridge the political aisle in the U.S. government today.
To be fair, some thought appeared to be behind the move. Musk decided to form the party after holding a poll on X in which 65.4% of respondents voted in favor.
Folks, here’s direct democracy — and the powerful post-separation motivation — in action.
[PRO] Wall Street is growing cautious on European equities. As investors seek shelter from tumult in U.S., the Stoxx 600 index has risen 6.6% year to date. Analysts, however, think the foundations of that growth could be shaky.
And finally…
Ayrton Senna driving the Marlboro McLaren during the Belgian Grand Prix in 1992.
Pascal Rondeau | Hulton Archive | Getty Images
The CEO mindset is shifting. It’s no longer all about winning
CEOs today aren’t just steering companies — they’re navigating a minefield. From geopolitical shocks and economic volatility to rapid shifts in tech and consumer behavior, the playbook for leadership is being rewritten in real time.
In an exclusive interview with CNBC earlier this week, McLaren Racing CEO Zak Brown outlined a leadership approach centered on urgency, momentum and learning from failure.