BMW Reveals Specs and Pricing for the 2024 550e xDrive Plug-In Hybrid

BMW has unveiled the specifications and pricing for the highly anticipated plug-in-hybrid version of the 2024 5-series sedan. Known as the 550e xDrive, this new model features a six-cylinder gasoline engine, a 19.4-kWh battery pack, and an electric motor integrated into the eight-speed automatic transmission.

Priced at $74,795, the 550e xDrive is set to hit U.S. dealerships in the spring of 2024. It offers significantly more power compared to its predecessor, the BMW 530e PHEV. With a total output of 483 horsepower, thanks to the use of a six-cylinder engine, the 550e provides a thrilling driving experience.

The larger battery pack in the 550e, at 19.4 kWh, is expected to offer a longer electric range of approximately 40 miles according to global WLTP range estimates. This is almost double the electric range of the previous 530e model, making the 550e an attractive option for those seeking a plug-in hybrid with extended electric driving capability.

Although no official photos have been released, the 550e xDrive is expected to have a distinct appearance. Speculations suggest it may feature an M Sport body kit and larger wheels, differentiating it from the regular gasoline models in the 5-series lineup.

Positioned above the gasoline variants of the 5-series, the 550e xDrive offers a higher level of performance and sophistication. With a starting price of $74,795, it will be the second most powerful 5-series model, surpassed only by the upcoming i5 M60 xDrive electric sedan with 593 horsepower.

BMW enthusiasts and environmentally conscious buyers alike can look forward to the arrival of the 2024 550e xDrive in the U.S. next spring. With its impressive power, extended electric range, and advanced plug-in hybrid technology, it is set to make a significant impact in the luxury sedan market.

Sources: Car and Driver


PHEV – Plug-in Hybrid Electric Vehicle

WLTP – Worldwide Harmonized Light Vehicles Test Procedure

Battery pack – A group of individual batteries arranged in a designed configuration to work together as a single unit

Sources: Car and Driver