Today, during its world premiere at the North American International Auto Show in Detroit, BMW announced pricing for the latest additions to the new BMW 5 Series model portfolio: the BMW 530e iPerformance Sedan and the BMW M550i xDrive Sedan. Both vehicles will be arriving in U.S. showrooms in spring 2017.

The 2018 BMW 530e iPerformance Sedan will be available starting at $51,400 and the BMW 530e xDrive iPerformance Sedan for $53,700, plus $995 Destination and Handling.

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As for its power source, trailblazing BMW eDrive technology teams up an eDrive electric motor with a 4-cylinder 2.0-liter TwinPower Turbo combustion engine to create an exceptionally efficient and powerful plug-in hybrid drive system. Combined system output of 248 hp and 310 lb-ft. of peak torque propels the BMW 530e iPerformance Sedan from 0 to 60 mph in 6.0 seconds and the BMW 530e xDrive iPerformance Sedan in 5.8 seconds.

BMW M550i xDrive
BMW M550i xDrive

The 2018 BMW M550i xDrive Sedan will be available starting at $72,100 plus $995 Destination and Handling. The BMW M550i xDrive Sedan is also the first M Performance model to be powered by a specifically modified M Performance TwinPower Turbo 4.4 liter 8-cylinder engine. This V8 is equipped with two twin-scroll turbochargers and features a High Precision Injection system, Valvetronic fully variable valve lift and Double-VANOS variable camshaft timing control.

This technology adds up to an output of 456 hp at 5,500 rpm and peak torque of 480 lb-ft from just 1,800 rpm, propelling the BMW M550i xDrive Sedan from 0 to 60 mph in 3.9 seconds and then on to an electronically limited top speed of 155 mph. Adding to this state-of-the-art engine are BMW xDrive intelligent all-wheel drive with rear-wheel bias and a bespoke M Performance chassis set-up, helping to create the fastest and most agile BMW 5 Series to date.