About a month ago, BMW confirmed plans to launch the next generation X5 (G65) in 2026. However, reports suggest that this spicy M Performance variant will not be among the launch models. The M60 is scheduled to go into production in April 2027, so V8 fans will have to wait a little longer. Meanwhile, spy shots at Brussels airport show a camouflaged prototype resting on a trailer.
The X5 M60 caught in transit features the quad exhaust system reserved for the M Performance models. If the G95 rumors prove true, the full-fledged X5 M will adopt the same aggressive styling when it launches later this decade. In addition to the pure combustion engine variants, BMW will sell a plug-in hybrid X5 M60e and even a fully electric iX5 M70.
Close-up photos taken during transport of the test vehicle in Belgium show a Neue Klasse-inspired design hidden beneath the swirl camouflage pattern. Even though it looks like an oversized iX3 at first glance, we’re confident BMW has worked to differentiate the two luxury SUVs. Still, the front end will likely share strong visual cues with the smaller crossover. Expect a retro-style vertical grille, thankfully without the obtrusive proportions.
It is still unclear whether the fifth-generation model will retain the split tailgate. This prototype appears to have a black stripe, suggesting a two-piece arrangement, but some claim the next X5 will omit this handy feature. And while these spy images show a combustion engine version, the electric iX5 will follow the same general template. The same goes for the other two models confirmed for next year: the 3 Series and the i3.
Autopaparazzi also managed to get a look inside, where BMW has covered most of the interior. Nevertheless, the new iDrive X can hardly be hidden. On the iX3, the central touchscreen measures a generous 17.9 inches. You’ll also notice a black band at the bottom of the windshield that’s dedicated to Panoramic Vision projection. That’s why there is no conventional instrument cluster behind the steering wheel.
Even though it’s still a work in progress, it’s already clear how dramatically the X5 is evolving. There will be little stylistic overlap with today’s G05 inside and out. You can also say goodbye to the iDrive rotary controller, as BMW continues to ditch the rotary controller on every new model.
Although it looks all-new, the next X5 will retain the proven CLAR architecture. The familiar platform will again support the usual in-line six-cylinder petrol and diesel engines, a beefy V8 and plug-in hybrids. The all-electric iX5 will likely adopt BMW’s Gen6 battery technology, and we’re curious to see whether the PHEV will also use round cells.
For a limited number of markets, BMW will also offer a hydrogen fuel cell variant: the iX5 60H xDrive, due out in 2028 as part of a joint effort with Toyota.
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