2023 Kia Niro PHEV Pricing Revealed; Starting Under $36,000

The 2023 Kia Niro Plug-in hybrid might be a solid buy.

Pricing for the 2023 Kia Niro Plug-In Hybrid (now formally marked as PHEV) has been unveiled, and on paper, it looks to be a pretty competitive little crossover. The 2023 Kia Niro PHEV starts at $33,740 for the EX trim and $39,490 for the SX Premium trim. The PHEV only comes in two trims; no base LX PHEV, though. Those prices don’t include the $1,295 destination fee.

All 2023 Kia Niro PHEVs have an upgraded version of the 1.6-liter, electric motor, and six-speed dual-clutch automatic – the Niro PHEV has a larger electric motor than the standard Niro Hybrid. Meaning, instead of 139 horsepower, the Niro PHEV is good for 180 horsepower. An 11.1-kilowatt-hour battery allows the Niro for up to 33 miles of EV range; higher than the last generation’s 26 miles of range. In states like California, the PHEV Niro is eligible for single-occupant HOV lane access, when its regular hybrid sibling is not.

Still, the Niro PHEV faces stiff competition. Although it doesn’t offer as much EV range the Toyota Prius Prime is a little bit cheaper. Also, because the Kia Niro is made in South Korea, it is ineligible for US plug-in vehicle tax credits. The Ford Escape PHEV is more expensive than the Kia Niro PHEV, but after tax credits, some variants of the PHEV Escape could work out to be cheaper than the Niro PHEV.

Kia says the 2023 Kia Niro PHEV is arriving at dealers now and will be immediately available in all 50 states.

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