It’s hardly worth noting that $7,500 is a lot of money. That’s the federal tax credit you could once claim on nearly any electric car sold in the U.S. But a federal spending overhaul abruptly axed that subsidy for many models last year, restricting it to EVs manufactured in the United States.
That’s bad news for the newly redesigned 2023 Kia Niro EV, a Korean-built subcompact crossover that travels an estimated 253 miles per charge. The price tag for its well-equipped base model stands at $39,450, which was a lot more compelling when Uncle Sam was helping pay for it. We just spent a week testing the Niro EV to see how it performs at this price point. If you’re interested in a small but useful electric vehicle, keep reading to learn more about the electric Niro’s pros and cons to see whether it’s the right EV for you.