The next-generation BMW 5 Series is entering market availability globally, including the new i5 EV. The US will see the i5 Sedan arrive for sale in just a matter of weeks, before October’s end. It’s unclear if the eDrive 40 and M60 xDrive will both be available at launch, but BMW’s release would seem to imply “yes.”
The first i5s rolled off the assembly line in Dingolfing, Germany, back in July, with the car curiously making its global market debut in Korea. Now, global availability is imminent, with Germany (October 21) and the US (October 28) being the next in line. Other markets will be waiting a month or so longer, with the larger worldwide launch starting on November 25. Models include the i5 eDrive 40 and the performance i5 M60 xDrive, which makes over 600 hp and reportedly can shuffle to 60 mph in 3.3 seconds.
While Electrek has yet to have a go in the all-new i5 (hi, BMW!), early drives of the car have been pretty positive overall. The new BMW OS 8.5 allegedly brings some usability and practicality improvements (e.g., easier access to climate controls with fewer taps), and more changes to the operating system will be coming over the air to owners down the line.
The new 5 Series Touring (wagon, estate — choose your regional vocab) will launch in spring 2024 in ICE and electrified trims, though it sounds like there will be no US launch. BMW says the 5 Series Touring will be available in Europe, Taiwan, and Japan.
BMW has chosen a philosophy of platform marriage for its current crop of “next-generation” vehicles, meaning the ICE and BEV 5 Series largely look and feel quite similar — but they use totally different drivetrains. Some customers enjoy knowing that their electrified vehicle features a distinct design language and bespoke platform. Still, there are likely many who would like a “normal car” that just so happens to be electrified. Now, this all gets rather philosophical kind of quickly when you ask which version of the car is primarily driving platform and technology decisions, and if the designer would have made an EV from the ground up that looks basically like the “shared” car anyway. But for BMW’s electric portfolio, I think the visual reaction boils down to “kidney grilles, why?” (Because that’s My Brand, presumably.)
Pricing for the eDrive 40 will start at a hair under $68,000 in the US with delivery, and the performance M40 xDrive will be closer to $85,000. That, of course, doesn’t include any options. A fully loaded M40 xDrive (big wheels, leather interior, wood trim, executive package) tops out at $97,395 delivered. Both cars look well-equipped in standard trim, however, so loading them up is by no means necessary.
Like the Mercedes EQE, Model S, and Lucid Air, the BMW i5 slots into the new(-ish) “big mid-size sedan” market — it’s actually within an inch of the Tesla for total length, though about an inch-and-a-half longer by wheelbase. With a starting price of around $68,000, it does slightly undercut Tesla, but for a car that’s much slower and lower on range.
But the population of buyers cross-shopping an i5 and Model S is probably pretty small — BMW is a brand that commands loyalty, with its driver-focused reputation and very visible “yes, I am driving a BMW” visual branding. (See: Kidney grilles on an electric car.)
It will be interesting to see how sales go for BMW in an increasingly crossover-crazy luxury vehicle space – there’s no doubt the 5 Series is part of the shrinking pie that is the sedan market (especially in America). But it’s also a legendary nameplate, and one that buyers often repeatedly return to over the course of multiple generations. It’s hard to say that about a Mercedes E-Class.
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National Grid Renewables has broken ground on its 100 MW Apple River Solar Project in Polk County, Wisconsin.
The Wisconsin solar farm, which will use US-made First Solar Series 6 Plus bifacial modules, will be constructed by The Boldt Company, creating 150 construction and service jobs. Apple River Solar will generate over $36 million in direct economic benefits over its first 20 years.
Once it comes online in late 2025, Apple River Solar will supply clean energy to Xcel Energy, which serves customers throughout the Upper Midwest. According to National Grid Renewables, the solar farm will generate enough energy to power around 26,000 homes annually. It will also offset about 129,900 metric tons of carbon dioxide emissions each year – equivalent to taking 30,900 cars off the road.
“We are excited to see this project begin as it underscores our dedication to delivering clean, reliable and affordable energy to our customers,” said Karl Hoesly, President, Xcel Energy-Wisconsin and Michigan. “This project is an important step in those goals while bringing significant economic benefits to Polk County and the local townships.”
Electrekreported in February that Xcel Energy, Minnesota’s largest utility, expects to cut more than 80% – and possibly up to 88% – of its emissions by 2030, putting it on track to hit Minnesota’s goal of net zero by 2040. It also says it’s on track to achieve its clean energy goals for all the Upper Midwest states it serves – Minnesota, Wisconsin, North Dakota, South Dakota, and Michigan.
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Tesla has announced that it will finally deliver 500 kW charging as it is about to install its long-awaited V4 Supercharger cabinets.
The rollout of Supercharger V4 has been a strange one, to say the least.
Tesla has been deploying the new charging stations for two years and calling them “Supercharger V4”, but it has only been deploying the charging stalls.
Supercharger stations are made of two main parts: the stalls, which are where the charging cable is located, and the cabinets, which are generally located further back and include all the power electronics.
For all these new “Supercharger V4”, Tesla was actually using Supercharger V3 cabinets. This has been limiting the power output of the charging stations to 250 kW – although
Today, Tesla officially announced its “V4 Cabinet”, which the automaker claims will enable of “delivering up to 500kW for cars and 1.2MW for Semi.”
Here are the main features of the V4 Cabinet as per Tesla:
Faster charging: Supports 400V-1000V vehicle architectures, including 30% faster charging for Cybertruck. S3XY vehicles enjoy 250kW charge rates they already experience on V3 Cabinet — charging up to 200 miles in 15 minutes.
Faster deployments: V4 Cabinet powers 8 posts, 2X the stalls per cabinet. Lower footprint and complexity = more sites coming online faster.
Next-generation hardware: Cutting-edge power electronics designed to be the most reliable on the planet, with 3X power density enabling higher throughput with lower costs.
Tesla reports that its first sites with the new V4 Cabinets are going into permitting now. The company expects its first sites to open next year.
We recently reported about Tesla’s new Oasis Supercharger project, which includes larger solar arrays and battery packs to operate the charging station mostly off-grid.
Early in the deployment of the Supercharger network, Tesla promised to add solar arrays and batteries to all Supercharger stations, and Musk even said that most stations would be able to operate off-grid.
While Tesla did add solar and batteries to a few stations, the vast majority of them don’t have their own power system or have only minimal solar canopies.
Back in 2016, I asked Musk about this, and he said that it would now happen as Tesla had the “pieces now in place” with Supercharger V3, Powerpack V2, and SolarCity:
It took about 8 years, but it sounds like the pieces are now getting actually in place with Supercharger V4, Megapacks, and this new Oasis project.
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Hyundai has a new secret weapon it’s about ready to unleash. To revamp the brand in China and counter BYD’s surge, Hyundai is launching a new AI-powered EV next year. The new model will be Hyundai’s first dedicated electric car for the world’s largest EV market.
With the help of Haomo, a Chinese autonomous startup, Hyundai will launch its first EV equipped with generative AI. It will also be its first model designed specifically for China.
A Hyundai Motor official said (via The Korea Herald) the company is “working to load the software” onto the new EV model, “which will be released in the Chinese market next year.” The spokesperson added, “The level of autonomous driving is somewhere between 2 and 2.5.”
In comparison, Tesla’s Autopilot is considered a level 2 advanced driver assistance system (ADAS) on the SAE scale (0 to 5), meaning it offers limited hands-free features.
With Autopilot, you still have to keep your eyes on the road and hands on the steering wheel, or the system will notify you and eventually disengage.
Haomo’s system, DriveGPT, unveiled last spring, takes inspiration from the OpenAI’s popular ChatGPT.
The system can continuously update in real-time to optimize decision-making by absorbing traffic data patterns. According to Haomo, DriveGPT is used in around 20 models as it looks to play a bigger role in China.
Hyundai hopes new AI-powered EV boosts sales in China
Electric vehicle sales continue surging in China. According to Rho Motion, China set another EV sales record last month with 1.2 million units sold, up 50% from October 2023.
Over 8.4 million EVs were sold in China in the first ten months of 2024, a notable 38% increase from last year.
BYD continues to dominate its home market. According to Autovista24, BYD accounted for 32.9% of all PHEV and EV (NEV) sales in China through September, with over half of the top 20 best-selling EV models.
Tesla was second with a 6.5% share of the market, but keep in mind these numbers only include plug-in models (PHEV).
Like most foreign automakers, Hyundai is struggling to keep up with the influx of low-cost electric models in China. Beijing Hyundai’s sales have been slipping since 2017. Through September, Korean automaker’s share of the Chinese market fell to just 1.2%.
According to local reports, Hyundai is partnering with other local tech companies like Thundersoft, a smart cockpit provider, and others in China to power up its next-gen EVs
With its first AI-powered EV launching next year, Hyundai hopes to turn things around in the region quickly. The new model will be one of five to launch in China through 2026.
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