2023 BMW 530e (Plug-in Hybrid): Everything we know [Update]

Update: ‘Specifications’ section updated with charging details.

BMW’s 7th-generation 5 Series will receive its final model year update in the United States this year. As with the current model year, the range will include a 2023 BMW 530e plug-in hybrid electric variant. Here are the details we know about the upcoming BMW 5 Series Plug-in Hybrid:

Design & Styling

The 5 Series will continue featuring the design BMW introduced in October 2016 and updated in May 2020. The company will change the color and upholstery options as part of the MY2023 update.

BMW will discontinue the Bluestone metallic and Bernina Grey Amber Effect metallic colors, which cost USD 550 extra on the 530e, and introduce three new options: Arctic Race Blue metallic, Skyscraper Grey metallic, and Aventurin metallic. The new colors will likely be available on the 530e as well. Inside, the Individual Smoke White/Black Full Merino leather and Tartufo Full Merino leather upholstery options will make a comeback in the 5 Series in MY2023.

Features

Standard equipment on all 2023 BMW 5 Series models in the U.S. will be the same as on the 2022 model. However, there will be some changes to the optional packages and equipment. In particular, the 2023 BMW 530e won’t include Gesture Control in the Premium Package, which is a USD 2,200 option on the 2022 530e.

BMW 530e plug-in hybrid interior dashboard
Don’t expect the 2023 BMW 5 Series Plug-in Hybrid with the BMW Curved Display. That feature is likely reserved for the next-gen 2024 BMW 5 Series range, which will also introduce the first-ever BMW i5. Image Source: BMW Group

Specifications

In the U.S., BMW is not planning to change the specifications of the 5 Series with the MY2023 update. The 2023 530e may come in RWD and xDrive AWD drivetrain layouts like the 2022 530e. With a 2.0L BMW TwinPower Turbo engine and an electric motor, the current model boasts 288 hp of total power and 258 lb.-ft. of system torque.

A 9.09 kWh lithium-ion battery pack supplies electricity to the motor. The EPA-est. electric range of the 2023 530e should be similar to the current model, which can travel up to 21 miles (RWD)/19 miles (xDrive AWD) on a full charge.

The 5 Series plug-in hybrid doesn’t support DC fast-charging, and that won’t change with the 2023 model year update. A maximum output of 3.7 kW continues to be supported by the electrified 5er. Using alternating current at 3.7 kW, charging from 0 to 100% level takes 11.3 hours.

Aspect2023 BMW 530e Specification (Expected)
Length195.8 in.
Width73.5 in.
Height58.4 in.
Wheelbase117.1 in.
Headroom40.7 in.
Legroom41.4 in. (front)/36.5 in. (rear)
Shoulder Room58.7 in. (front)/55.9 in. (rear)
Cargo Capacity14.0 ft³
Drivetrain LayoutRWD/xDrive AWD
Engine2.0L BMW TwinPower Turbo turbocharged four-cylinder gasoline
Engine Power135 kW (181 hp) at 3,800-6,500 rpm
Engine Torque258 lb.-ft. at 1,450-3,600 rpm
Motor Power80 kW (107 hp) at 5,000 rpm
Motor Torque195 lb.-ft. at 100-2,500 rpm
System Power215 kW (288 hp)
System Torque310 lb.-ft.
Transmission8-speed Steptronic automatic
Battery Pack9.09 kWh lithium-ion
Max. Charging Power3.7 kW
Charging Time (0-100% SoC)11.3 hours
Electric Range21 miles (RWD)/19 miles (xDrive AWD)
Acceleration Time (0-60 mph)5.7 seconds
Top Speed (normal tires/performance tires)130 mph/146 mph (RWD)/130 mph/ 143 mph (xDrive AWD)
Expected 2023 BMW 530e specifications for the U.S.

Price & Release Date

Upon release in late Q3 2022, the 2023 BMW 530e will be USD 850 more expensive than the current model. Production of the 2023 530e will begin in July 2022 at the company’s German plant.

Configuration2023 BMW 530e Price
2023 BMW 530e RWDUSD 56,400
2023 BMW 530e xDrive AWDUSD 58,700
2023 BMW 530e prices in the U.S. excluding destination and handling fee of USD 995, tax, title, license, and registration.

Readers would be excited to learn that an all-electric BMW 5 Series (BMW i5) is nearing the end of its development and will be released (globally) in 2023 as part of the next-gen 5 Series family.

2023 BMW 530e FAQs

What is the 2023 BMW 530e release date?

The 2023 BMW 530e will likely go on sale in the U.S. in late Q3 or Q4 2022.

What will be the 2023 BMW 530e price?

The prices of the 2023 BMW 530e in the U.S. will start at USD 56,400 (excl. destination & handling fee).

Which models will be the 2023 BMW 530e competitors?

The Volvo S90 Recharge T8 will be an alternative to the 2023 BMW 530e.

Featured Image Source: BMW Group