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2019 Kia Niro EV starts at $1,500 more than Hyundai Kona Electric

Pricing for the 2019 Kia Niro EV has been revealed, and it has the highest starting price of any Hyundai or Kia electric car that we know the price of right now – assuming the Soul EV won't be pricier. The base price for the Niro EV EX is $39,495 before the federal tax credit. With the credit, the price falls to $31,995. The top trim Niro EV EX Premium jumps up to $44,995 before the credit, and $37,495 after it. For the extra $5,500, the Niro EV EX Premium adds a sunroof, real leather trim, heated and ventilated front seats, eight-inch touchscreen, navigation and wireless phone charging. The standard Niro EV is still well-equipped with standard adaptive cruise control, seven-inch touchscreen, lane centering, automatic emergency braking and blind-spot warning. Each also comes with standard DC fast charging capability. In comparison, the 2019 Hyundai Kona Electric starts at $37,995 ($30,495 with tax credit), which is $1,500 less than the Niro. The Kona is a bit smaller than the Niro, though it also offers more range than the Niro with 258 miles versus 239. The Chevy Bolt EV's base price is the cheapest at $37,495, but the tax credit has been reduced for the Chevy to $3,750 – and Chevy isn't dropping the price any to compensate. That means with the credit, the Bolt EV ends up the most expensive of these three at $33,745. The Bolt EV doesn't include DC fast charging as standard, either, and its EPA-rated range is a mile shy of the Niro's.

Subaru ice driving and Mercedes-AMG G 63 | Autoblog Podcast #571

In this week's Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Green Editor John Beltz Snyder. They kick things off by talking about the cars they've been driving: the 2019 Mercedes-AMG G63 and Autoblog's long-term Kia Stinger. Then they discuss hooning the Subaru BRZ, WRX and WRX STI on ice at the Subaru Winter Experience. Then they talk news, specifically Amazon investing $700 million in EV startup Rivian, and Maserati finally launching the Alfieri. Finally they help spend a listener's money on a new, green car. Autoblog Podcast #571 Get The Podcast iTunes – Subscribe to the Autoblog Podcast in iTunes RSS – Add the Autoblog Podcast feed to your RSS aggregator MP3 – Download the MP3 directly Rundown Driving the 2019 Mercedes-AMG G63 Long-term Kia Stinger update Subaru Winter Experience Amazon invests in Rivian Maserati Alfieri on its way Spend My Money Feedback Email – Podcast@Autoblog.com Review the show on iTunes Related Video:

Why BMWs are cheaper than Hyundais in Korea

Bloomberg reports shifting tariff regulations have upended the traditional automotive pecking order in Korea. Thanks to cheaper import taxes, foreign brands have seen market share jump from 28 percent to 41 percent over the last two years. BMW, Mercedes-Benz and Audi have all capitalized on the shift, with domestics like Hyundai and Kia suffering at the hands of their German rivals.
Taxes on European imports have fallen from 8 percent in 2011 to just 3.2 percent today. Over the next few years, tariffs will all but be eliminated for most imports, and taxes on US-made vehicles are expected to fall to just 4 percent in 2014. By 2016, that number will be zero. Needless to say, Hyundai and Kia are concerned about the shift.
Hyundai has seen profit fall by 15 percent last quarter, and the company says it is on pace to see the slowest sales growth since 2007. The company's shares have fallen by 12 percent. In order to stem the losses, Hyundai has discounted its midsize sedans and started working on diesel engine options.