With a price tag of $74,795, this hybrid model will be the second most powerful in the 5-series range, coming in after the electric i5 M60 xDrive with 593 horsepower.
The BMW 5-series luxury car will still come with a plug-in hybrid powertrain, even though a new electric version called the i5 has been made. We know for sure that the new 2024 BMW 550e xDrive will come to the U.S. in the spring of 2024 and have information on its specs and price.
From its name, you might guess that this new hybrid model is a lot more powerful than the old BMW 530e PHEV. Since it has a six-cylinder fuel engine instead of a four-cylinder one, it makes 483 horsepower. The battery pack is 19.4 kWh, which is a lot bigger than it used to be, and the electric motor is built into the eight-speed automatic gear. We don’t have EPA ratings yet, but global WLTP range figures tell us that this bigger battery should give the new 530e a much longer electric range—about 40 miles on the EPA cycle, which is almost twice as far as the old 530e’s range.
We don’t have pictures of the 550e yet, so here are pictures of the 530e blend that is made for Europe. This four-cylinder PHEV setup from BMW will still be available in other countries. It has 295 horsepower and the same battery pack. The United States will only get the 550e. This model may not look like the one shown here; it may have a M Sport body kit and bigger wheels.
With a base price of $74,795, the 550e will be more expensive than either of the 530i or 540i gasoline cars in the 5-series. Until the new M5 comes out, the hybrid will be the second most powerful 5-series, after the $85,095 electric i5 M60 xDrive with 593 hp. From the spring of 2024 on, you can expect to see the 550e at stores in the United States.
