2024 BMW 530e PHEV unveiled in Munich alongside all-electric i5

Although the BMW Neue Klasse Concept captured most of the attention at IAA Mobility 2023, BMW had other important reveals to showcase, particularly in the near term. Among these is the first plug-in hybrid model of the new BMW 5 Series, known as the 530e. This vehicle was publicly revealed in Munich, sharing the stage with its all-electric sibling, the i5. It is slated to hit the market in Spring 2024.

For the European market, the G60 5-Series predominantly offers four-cylinder engines. The only six-cylinder version available in Europe will be the soon-to-be-released 550e xDrive plug-in hybrid. However, for this exhibition, BMW opted to display its entry-level PHEV, the 530e, which features a four-cylinder engine and is solely rear-wheel drive.

While the majority of publicity images for the new 5-Series showcase the car with the sportier M Package, the 530e is equipped with the standard body kit. Features like a body-color bumper with slimmer yet fully functional air intakes, vertical openings on the covered grille, and smaller alloy wheels give the G60 a more understated appearance. Conversely, the aluminum-style trim elements on the rear bumper aren't particularly subtle. As with most plug-in hybrids, the exhaust tips are concealed, neatly tucked below the rear bumper.

The 530e's hybrid powertrain includes a turbocharged 2.0-liter four-cylinder engine, paired with a newly designed PHEV-specific electric motor. This motor is integrated into the 8-speed automatic transmission and supported by a 19.4 kWh battery pack. The combined power output is 299 hp / 220 kW and 450 Nm (332 lb-ft) of torque, directed to the rear wheels. The battery's increased capacity over its predecessor enables an electric driving range of 87-101 km (54-63 miles) per charge. A complete charge via a 7.4 kW fast charger will take 3 hours, while a standard household outlet will require 9.8 hours.

The other 5-Series model displayed at the IAA Mobility 2023 is the BMW i5 eDrive40. This one offers additional features and closely resembles the top-tier M60 version, minus the rear badge. A glance at BMW’s German pricing tool indicates that adding the M Package costs €3,100 ($3,346), the 21-inch wheels from the BMW Individual collection are priced at €2,590 ($2,796), and the striking exterior color appears not to be part of the basic €70,200 ($75,777) price tag.

The all-electric eDrive40 features a single rear-mounted electric motor that generates 340 hp / 250 kW and 430 Nm (317 lb-ft) of torque. The vehicle's 82 kWh battery offers a WLTP-certified range of 497-582 km (309-362 miles), outperforming the range of the more potent, all-wheel-drive M60 variant.

Source: Carscoops