Due to their efforts to improve the overall quality of the game experience, EA recently announced the cancellation of the competitive 5×5 mode for Battlefield V it was planning to offer.
According to Senior Producer Ryan McArthur, there are competitive modes in the game, though “not creating this mode was a tough decision, but vital for us to more quickly reach our bug-crushing and content goals.”
There’s still hope though. “However, we will still pursue building a competitive gaming experience in Battlefield™. We know that there’s already an existing competitive scene in our community, and we’re helping build features to support these communities.”
The next update, 4.6, coming this September will bring “the Operation Underground map on Conquest, Team Deathmatch, Breakthrough, and Squad Conquest,” along with the availability of Rush, though Rush will be available only for a limited time.
Another update near the holiday season will offer two more locations, “new weapons, vehicles, factions, and visuals supporting the new maps coming with this Chapter.”
[Source]: EA: Letters From the Front: Update on Battlefield V with Ryan McArthur.