2020 model arrives with longer electric range, but reduced efficiency.
The BMW 5 Series comes in many flavors, the most efficient being the 530e plug-in hybrid model. For the 2020 model year, BMW has refreshed the 530e (now called the 530e iPerformance) with both a rear-wheel-drive and xDrive all-wheel-drive version. The car is still powered by a 2.0-liter turbocharged four-cylinder mated to a plug-in hybrid system with an electric motor, combining to produce 248 horsepower.
But for 2020, BMW has increased the size of the battery, giving the car a longer electric driving range. The EPA has just released fuel economy figures for the 2020 model, giving us a clear look at how the larger battery improves efficiency.
The RWD 530e iPerformance now travels 21 miles on a full charge, which is an increase from the 2019 model's 16-mile range. But in a major surprise, the EPA says the 2020 car will travel 350 miles on a single charge, averaging 27 mpg or 69 MPGe, which are all decreases compared with last year's model's 370-mile range, and 29 mpg/72 MPGe averages.
Like the RWD model, the 530e iPerformance xDrive sees an increase in its electric driving range from 15 miles to 19 miles. But the range has dropped from 360 to 330 miles, MPG is down from 28 to 25, and MPGe has decreased from 67 to 65. We thought BMW might have changed the tank size on the 2020 models but the EPA has it listed at 12.5 gallons for all four cars and the curb weight hasn't changed much either. It is unclear what caused the dip in efficiency or range for 2020.
Pricing for the 2020 BMW 530e iPerformance starts at $53,900 or $56,200 for xDrive (plus a $995 destination fee). Because BMW increased the battery size from 9.4 to 12 kWh, the car now qualifies for a $5,836 federal tax credit ($1,168 more than before). The 2020 models are about $500 more expensive than last year but with the larger tax incentive, they are effectively around $650 less than before.