Chevrolet Equinox EV vs Kia Niro EV: cost to own

Verdict, over 6 years

The Kia Niro EV costs about $2,214 less

That's $31 a month. Closest matching trims: same fuel and drive where possible.
Equinox EV LT FWD$1,115/moTrue cost
Niro EV Wind✓ $1,085/moTrue cost
2026 Chevrolet Equinox EV
2026 Chevrolet Equinox EV
Closest matching trim: Equinox EV LT FWD
Sticker (MSRP)$46,199
+$4,897→↓Freight, fees, HST
Drive away$51,096
+ running costs→↓− $15,975 resale
True cost$1,115/moA month to own, after resale
2026 Kia Niro EV
2026 Kia Niro EV
Closest matching trim: Niro EV Wind
Sticker (MSRP)$45,595
+$4,176→↓Freight, fees, HST
Drive away$49,771
+ running costs→↓− $15,520 resale
True cost$1,085/moA month to own, after resale

Line by line

Price
Sticker (MSRP)$46,199✓ $45,595Niro EV by $604
Freight and fees, before tax$3,444✓ $2,875Niro EV by $569
Sales tax (HST)$6,454✓ $6,301Niro EV by $153
EV rebate−$5,000−$5,000—
Drive-away price$51,096✓ $49,771Niro EV by $1,325
Running costs, 6 years
Fuel or charging$3,245✓ $3,128Niro EV by $117
Insurance (estimate)✓ $14,121$15,111Equinox EV by $990
Maintenance (estimate)$7,433✓ $5,750Niro EV by $1,683
Loan rate6.5%6.5%—
Loan interest$9,695✓ $9,416Niro EV by $279
Lost return on your money$10,594✓ $10,338Niro EV by $256
Resale after 6 yrs✓ −$15,975−$15,520Equinox EV by $455
Total
True cost$80,300✓ $78,086Niro EV by $2,214
True cost a month$1,115/mo✓ $1,085/moNiro EV by $30
You pay each month$1,121/mo✓ $1,087/moNiro EV by $34
Practical
Fuel typeElectricElectric—
Seats55—
Carry-ons, 2 people65—
Towing, lb1,500——
Fast charge, minutes—43 (10-80%)—
Cargo behind row 2, litres✓ 748646—
Range, km (winter about 70%)✓ 513 (359)407 (285)—
Length4.84 m4.42 m—
Ground clearance✓ 16 cm15 cm—
Resale % after 6 yrs✓ 35%34%—
US crash test✓ 5★Not rated yet—
European crash test—✓ 4★ (2022); 5★ with pack—
Price
Sticker (MSRP)
Equinox EV LT FWD $46,199Niro EV Wind ✓ $45,595Cheaper by Niro EV by $604
Freight and fees, before tax
Equinox EV LT FWD $3,444Niro EV Wind ✓ $2,875Cheaper by Niro EV by $569
Sales tax (HST)
Equinox EV LT FWD $6,454Niro EV Wind ✓ $6,301Cheaper by Niro EV by $153
EV rebate
Equinox EV LT FWD −$5,000Niro EV Wind −$5,000Cheaper by —
Drive-away price
Equinox EV LT FWD $51,096Niro EV Wind ✓ $49,771Cheaper by Niro EV by $1,325
Running costs, 6 years
Fuel or charging
Equinox EV LT FWD $3,245Niro EV Wind ✓ $3,128Cheaper by Niro EV by $117
Insurance (estimate)
Equinox EV LT FWD ✓ $14,121Niro EV Wind $15,111Cheaper by Equinox EV by $990
Maintenance (estimate)
Equinox EV LT FWD $7,433Niro EV Wind ✓ $5,750Cheaper by Niro EV by $1,683
Loan rate
Equinox EV LT FWD 6.5%Niro EV Wind 6.5%Cheaper by —
Loan interest
Equinox EV LT FWD $9,695Niro EV Wind ✓ $9,416Cheaper by Niro EV by $279
Lost return on your money
Equinox EV LT FWD $10,594Niro EV Wind ✓ $10,338Cheaper by Niro EV by $256
Resale after 6 yrs
Equinox EV LT FWD ✓ −$15,975Niro EV Wind −$15,520Cheaper by Equinox EV by $455
Total
True cost
Equinox EV LT FWD $80,300Niro EV Wind ✓ $78,086Cheaper by Niro EV by $2,214
True cost a month
Equinox EV LT FWD $1,115/moNiro EV Wind ✓ $1,085/moCheaper by Niro EV by $30
You pay each month
Equinox EV LT FWD $1,121/moNiro EV Wind ✓ $1,087/moCheaper by Niro EV by $34
Practical
Fuel type
Equinox EV LT FWD ElectricNiro EV Wind ElectricCheaper by —
Seats
Equinox EV LT FWD 5Niro EV Wind 5Cheaper by —
Carry-ons, 2 people
Equinox EV LT FWD 6Niro EV Wind 5Cheaper by —
Towing, lb
Equinox EV LT FWD 1,500Niro EV Wind —Cheaper by —
Fast charge, minutes
Equinox EV LT FWD —Niro EV Wind 43 (10-80%)Cheaper by —
Cargo behind row 2, litres
Equinox EV LT FWD ✓ 748Niro EV Wind 646Cheaper by —
Range, km (winter about 70%)
Equinox EV LT FWD ✓ 513 (359)Niro EV Wind 407 (285)Cheaper by —
Length
Equinox EV LT FWD 4.84 mNiro EV Wind 4.42 mCheaper by —
Ground clearance
Equinox EV LT FWD ✓ 16 cmNiro EV Wind 15 cmCheaper by —
Resale % after 6 yrs
Equinox EV LT FWD ✓ 35%Niro EV Wind 34%Cheaper by —
US crash test
Equinox EV LT FWD ✓ 5★Niro EV Wind Not rated yetCheaper by —
European crash test
Equinox EV LT FWD —Niro EV Wind ✓ 4★ (2022); 5★ with packCheaper by —

✓ marks the better figure. Resale is from used prices: the Equinox EV typical for its type and brand, the Niro EV from its own. Their stickers differ by $604.