BMW may be better known for its performance cars, sports sedans and diesels, but the German luxury automaker is also in the hybrid business. In fact, the company says it’s now the third-largest maker of electrified cars in the world. BMW’s newest hybrid is this 2018 530e iPerformance. It’s a plug-in hybrid version of the hugely popular 5 Series mid-size luxury sedan and it just may make you forget about that Tesla Model S you’ve been dreaming about.
Although hybrids and electric vehicles remain a small percentage of all new car sales, BMW has created a full lineup of electrified cars over the last few years. BMW’s long list of plug-in hybrids now includes the exotic i8 supercar that costs about $150,000, the quirky i3 hatchback and many hybrid versions of the automaker’s mainstream models, including electrified versions of the 3 Series and 7 Series sedans and X5 SUV. Well, now you can add the 5 Series to that list.