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2024 Kia Niro hybrid and electric SUV prices up! Has Kia priced itself out of competition against other EVs?

Kia's new Niro commands a hefty pricetag.

Kia's updated 2024 Niro electrified small SUV line-up has become more expensive, with the full-electric versions now pricier than the Telsa Model Y and Volvo EX30.

Starting with the hybrids, the S and GT-Line grades are now $550 pricier than before, positioned at $44,380 before on-road costs and $50,580 respectively.

However, equipment carries over as before, as does the 1.6-litre petrol engine and electric motor set-up that delivers 104kW/265Nm.

The full-electric S and GT-Line meanwhile, are also tweaked for 2024 with the former copping a chunky $1290 price rise to $66,590 and the latter a modest $260 up to $72,360.

To justify the EV S' bigger increase, Kia has swapped out the old 8.0-inch multimedia touchscreen for the GT-Line's 10.25-inch unit with in-built satellite navigation, connected services and voice controls.

This makes the 2024 Niro EV S more expensive than premium electric SUVs like the Tesla Model Y (now starting from $65,400 after a significant price cut) and Volvo's incoming EX30 that kicks off from $59,990.

The most expensive Niro EV is also just $230 more affordable than the larger and more platform-advanced EV6, which opens at $72,590 in rear-drive Air form.

Kia’s updated 2024 Niro electrified small SUV line-up has become more expensive, with the full-electric versions now pricier than the Telsa Model Y and Volvo EX30. Kia’s updated 2024 Niro electrified small SUV line-up has become more expensive, with the full-electric versions now pricier than the Telsa Model Y and Volvo EX30.

The Kia Niro EV retains the same 150kW/255Nm electric motor output and 64.8kWh battery that enables a driving range of up to 460km (when tested on WLTP standards).

Kia Australia has also removed the Niro Plus body style from its local line-up, which the brand dubbed a 'PBV' or Purpose-Built Vehicle.

The Niro Plus featured a flat tailgate and tallboy proportions for a boost in interior space.

The Niro Plus was aimed at fleets and business operators, rather than private buyers.

2024 Kia Niro pricing before on-road costs

Variant

Transmission

Cost

Hybrid S

Automatic

$44,930 (+$550)

Hybrid GT-Line

Automatic

$50,580 (+$550)

EV S

Automatic

$66,590 (+$1290)

EV GT-Line

Automatic

$72,360 (+$260)