GWM Tank 500 vs BMW 530E

What's the difference?

VS
GWM Tank 500
GWM Tank 500

$64,490 - $78,490

2026 price

BMW 530E
BMW 530E

2021 price

Summary

2026 GWM Tank 500
2021 BMW 530E
Safety Rating

Engine Type
Inline 4, 2.0L

Turbo 4, 2.0L
Fuel Type
Unleaded Petrol/Electric

Premium Unleaded/Electric
Fuel Efficiency
2.1L/100km (combined)

2.3L/100km (combined)
Seating
5

5
Dislikes
  • Some body-roll
  • Intrusive driver-assist tech
  • Fuel use not as good as hoped

  • High price
  • Weak warranty
  • Slow 240-volt charging
2026 GWM Tank 500 Summary

The arrival of the GWM Tank 500 Ultra PHEV is noteworthy because it’s the first plug-in hybrid Tank model in Australia.

It’s also a major event for the Aussie adventure-travel community because it’s a plug-in hybrid 4WD with five seats, high- and low-range gearing, and a front, centre and rear diff lock.

The Tank 500 PHEV gets more power and torque than its hybrid stablemate, offers about 120km electric-only driving range (listed), and it can be used as a 6kW mobile power station (V2L) at your campsite. Towing remains at 3000kg.

There’s a lot in this Tank’s favour: it’s a body-on-ladder-frame chassis large 4WD with a packed standard features list and real off-road adventure potential.

All of that – and more – for under $80 grand.

But does the plug-in set-up add anything substantial in terms of daily driveability or does it simply make this Tank an $80,000 camp-site generator?

Read on.

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2021 BMW 530E Summary

Anyone unfortunate enough to hear me banging on about electric cars - or perhaps more accurately, electrified cars - will be aware of my undying love for the existence of plug-in hybrid electric vehicles (PHEVs). 

I love them because they offer a drama-free step into electrification. You don't need a big box on the wall to make sure you're charged overnight and because there's a petrol engine under the bonnet, as long as you've got fuel in the tank, your range anxiety disappears.

You can get around town in electrified silence and emissions-free smugness while still planning that around-Australia trip you'll never go on. It's absolutely the best of both worlds for those reluctant to take the next step. A genuine win-win, if you like.

Except that very few people buy them. Their existence in the catalogues of a number of car companies feels like a weary, "We should at least do something" from product planners. BMW has been trying with PHEVs for a while, with selected offerings in the 3, 5 and X5 range. Given the 5 Series has had its mid-life facelift, what BMW calls the LCI, it's time for another look.

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Deep dive comparison

2026 GWM Tank 500 2021 BMW 530E

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