BMW has pulled the covers off the fifth-generation X5 (internally known as the G65), ushering its flagship SUV into the Neue Klasse era with a cleaner design, a thoroughly reworked interior and the broadest range of powertrains the model has ever offered.

Since pioneering the premium Sports Activity Vehicle segment in 1999, the X5 has become one of BMW's biggest success stories, with more than 3.1 million sold globally and over 80,000 finding homes in Australia. Now, the latest generation aims to build on that legacy with new technology and a stronger focus on electrification.

The exterior adopts BMW's evolving Neue Klasse design language, featuring a more upright stance, a simplified body and a bold new front end with vertical kidney grilles and distinctive double-X LED lighting signatures. Flush door handles and wheel options up to 23 inches complete the more modern look.

Inside, the X5 introduces BMW's latest Panoramic iDrive system. A new Panoramic Vision display stretches across the base of the windscreen, complemented by a 3D head-up display, a 17.9-inch central touchscreen and, for the first time, an optional passenger display for entertainment and productivity.

BMW is also expanding the X5's drivetrain lineup. Australian buyers will initially be offered petrol and diesel mild-hybrid models from late 2026, with a plug-in hybrid and the all-electric iX5 arriving in 2027.

The electric flagship will use BMW's sixth-generation eDrive technology and an 800-volt electrical architecture, producing 425kW and 805Nm. BMW claims a 0-100km/h time of 4.6 seconds and an impressive driving range of up to 845 kilometres (WLTP), supported by ultra-fast charging at up to 460kW.

Australian deliveries of the X5 40 xDrive and X5 40d xDrive are scheduled to begin in the fourth quarter of 2026, with local pricing and specifications to be confirmed closer to launch. The iX5, meanwhile, looks set to become one of BMW's most important electric models as the brand continues its transition into the Neue Klasse era.