Photo of 2018 530e courtesy of BMW.

Photo of 2018 530e courtesy of BMW.

BMW will produce a plug-in hybrid 5 Series model for the 2018 model year that slots as the fourth plug-in hybrid model along with the 330e, 740e xDrive, and X5 xDrive40e, BMW has announced.

The 2018 530e iPerformance will debut at the North American International Auto Show on Jan. 9. BMW will also show its seventh-generation 5-Series lineup, including the 2017 540i that's powered by a 3.0L turbocharged six-cylinder engine. The sixth generation model debuted with the 2010 model year.

The 530e is powered by an electric motor that makes 95 hp and 184 lb.-ft. of torque that's paired with a 2.0L four-cylinder TwinTurbo turbocharged inline-four that makes 180 hp and 215 lb.-ft. The system combines to produce 248 hp and 310 lb.-ft. of peak torque.

The engines deliver power through an 8-speed automatic transmission to a rear-wheel or all-wheel drivetrain.

BMW will also show the M550i xDrive and X2 concept compact SUV.