BMW is said to be working on both hybrid and all-electric variants of the next-generation M5 and they are shaping up to provide the type of performance previously unthinkable of for a family sedan. It is reported that the next-generation BMW 5-Series will land in the third quarter of 2023 and that roughly 12 months later, the new M5 will be launched.

Two powertrain options will be available, according to Car Magazine’s Georg Kacher. The first variant will be a plug-in hybrid that combines a turbocharged V8 engine with multiple electric motors to deliver roughly 750 hp and 1,000 Nm of torque. However, it is not this variant that will leave its rivals in the dust.

An all-electric M5 will also be available in around 2024 or 2025. This model is expected to feature Gen V pouch-type batteries rated at about 135 kWh that will include the same 800v architecture as the Porsche Taycan. It is claimed the car will then sport three electric motors – two at the rear wheels and one at the front – to make for a combined 1,000 hp. The car will be able to hit 100 km/h in less than 3 seconds and could have a WLTP range of 700 km.