BMW has announced pricing and specification details for the 2023 7-Series and i7 that have just landed in Australia. Just a single variant of the 7-Series and i7 will be offered. On the ICE front is the 740i, priced from AU$ 268,900 (US$ 185,720) locally while the i7 takes the form of the xDrive60, starting from AU$ 297,900 (US$ 205,774). Slotted under the hood of the BMW 740i is a 3.0-liter turbocharged inline-six petrol engine with 48-volt mild-hybrid technology that pumps out a total of 375 hp and 540 Nm of torque, all of which is funneled to the rear wheels courtesy of an eight-speed Steptronic transmission. The powertrain includes a 48-volt electric motor/generator that delivers a boost of up to 9 kW and 200 Nm and also serves as the starter motor. This 48-volt system then recuperates kinetic energy during coasting and braking and converts it into electrical energy when the car is in generator or motor reverse cycle modes.

Among the key standard features of the new 740i are 20-inch wheels, remote engine start, tire pressure monitor, integral active steering, adaptive 2-axle air suspension, BMW Crystal Headlights, an illuminated kidney grille, panorama glass roof, M carbon fiber interior trim, Driving Assistant Professional, Parking Assistant Professional, Bowers and Wilkins Surround Sound system with 20-speakers, and an interior camera.

As for Australia’s 2023 BMW i7 xDrive60, it features two electric motors that combine to produce 400 kW (536 hp) and 745 Nm of torque. It sports a 106 kWh battery and is able to hit 100 km/h in 4.7 seconds while traveling up to 625 km on a single charge. Australian customers will receive five years of complimentary Chargefox charging with the i7. The i7 xDrive60 includes all the same basic features as the 740i but adds larger 21-inch M alloy wheels, the Executive Drive Pro system with Active Roll Stabilization and Active Roll Comfort technology, automatic doors, multifunction seats, executive lounge rear console, a 39-speaker Bowers and Wilkins Diamond Surround Sound system, and acoustic protection for pedestrians.