The EV will also have tweaks to the suspension and styling.

The BMW iX electric crossover will reportedly get an M variant in late 2022 or 2023. It'll reportedly pack 560 bhp, according to a new rumour from BMW Blog.

The performance EV will allegedly go by the name iX M60. In addition to the extra horsepower, it will have upgrades like suspension tweaks. The styling will also be more aggressive to accentuate the extra performance visually.

Gallery: BMW iX

BMW will start taking orders for the iX xDrive50 in June and deliveries will start in early 2022. The electric crossover will have two electric motors producing a total of over 500 bhp. This will be enough for the model to reach 62 miles per hour in under 5.0 seconds. The 100-kilowatt-hour battery will allow for an estimated range of over 300 miles.

The entry-level iX is the xDrive40 model and it has 296 bhp. The exact battery capacity isn't yet available but is over 70 kWh, according to the company. The estimated range in the WLTP test is over 249 miles. It gets a 150 kW charger that takes 40 minutes to go from 10 percent to 80 percent capacity. 

Each iX will make use of 59.9 kilograms of recycled plastic and synthetic yarn from nylon waste material. The leather treatment uses olive leaf extract.

BMW will produce the iX with a focus on sustainability. For example, the factory is using solar and hydroelectric. The company is also sourcing its own raw materials, like cobalt, to ensure transparent extraction and processing.