Volvo is continuing its move towards electrification with the new subcompact EX30, boasting a starting MSRP of $34,950.

That price—excluding purchasing fees and destination—is the headline figure for this new EV, with Volvo claiming the new EX30 to be price-comparable to an equivalent gas-powered SUV. The next figure of note is range, with Volvo estimating 275 miles on a full charge.

Volvo EX30 SUV Debuts as Mid-$30K EV 1
Volvo EX30 SUV Debuts as Mid-$30K EV 2
Volvo EX30 SUV Debuts as Mid-$30K EV
Volvo EX30 SUV Debuts as Mid-$30K EV 3
Volvo EX30 SUV Debuts as Mid-$30K EV 4
Volvo EX30 SUV Debuts as Mid-$30K EV 5
Volvo EX30 SUV Debuts as Mid-$30K EV 1Volvo EX30 SUV Debuts as Mid-$30K EV 2Volvo EX30 SUV Debuts as Mid-$30K EVVolvo EX30 SUV Debuts as Mid-$30K EV 3Volvo EX30 SUV Debuts as Mid-$30K EV 4Volvo EX30 SUV Debuts as Mid-$30K EV 5

That is, of course, for the most efficient of the bunch: The Single Motor Extended Range model. There’s also an all-wheel drive model, the Twin Motor Performance model, more focused on speed with an estimated 422 horsepower and 3.4 second 0-60 time. According to Volvo, this makes the all-wheel drive EX30 their fastest accelerating production model yet. The Twin Motor Performance model is estimated at 265 miles of range.

Next down the line of numbers is charging, capable of 10-to-80 percent in just over 26 and a half minutes, achieved through the 153kW DC fast charging system juicing up a 49 kWh battery.

Volvo EX30 SUV Debuts as Mid-$30K EV 6
Volvo EX30 SUV Debuts as Mid-$30K EV 7
Volvo EX30 SUV Debuts as Mid-$30K EV 8
Volvo EX30 SUV Debuts as Mid-$30K EV 9
Volvo EX30 SUV Debuts as Mid-$30K EV 6Volvo EX30 SUV Debuts as Mid-$30K EV 7Volvo EX30 SUV Debuts as Mid-$30K EV 8Volvo EX30 SUV Debuts as Mid-$30K EV 9

The EX30 is said to be designed to have the smallest CO2 footprint of any Volvo to date, as well as physically being the brand’s smallest SUV. It’s certainly small, but don’t let these facts fool you into believing the EX30 is absolutely tiny—measuring out to 166.7-inches long and 72.3-inches wide, and capable of carrying up to 31.9 cubic-feet of cargo. For reference, consider it in the same ballpark as the Nissan LEAF (176.4-inches long, 70.5-inches long) and Chevrolet’s twins, the Bolt EV (163.2-inches long, 69.5-inches wide) and Bolt EUV (169.5-inches long, 69.7-inches wide). The EX30 is built with Volvo’s typical design language, available in five colors.

Safety and sustainability are to be expected, and one feature making its debut on the EX30 is the next generation of Volvo’s Park Pilot Assist. This system will identify open spots, allowing the driver to select one from the tablet-style infotainment system and initiate the parking sequence. The vehicle then modulates throttle, brake and steering while the driver supervises.

Volvo EX30 SUV Debuts as Mid-$30K EV 10
Volvo EX30 SUV Debuts as Mid-$30K EV 12
Volvo EX30 SUV Debuts as Mid-$30K EV 11
Volvo EX30 SUV Debuts as Mid-$30K EV 13
Volvo EX30 SUV Debuts as Mid-$30K EV 10Volvo EX30 SUV Debuts as Mid-$30K EV 12Volvo EX30 SUV Debuts as Mid-$30K EV 11Volvo EX30 SUV Debuts as Mid-$30K EV 13

There is one more trim we have info about: Cross Country. We don’t have all the specs, but we know it packages more ground clearance, riding on standard 19-inch wheels or optional 18-inch wheels wrapped in bespoke tires. There are front, rear and side skid plates; black paneling on the front bumper and trunk lid; and a small, hood-mounted Swedish flag. Order books for this special variant will open early 2024, with production following later that year.

Pre-order reservations for the Volvo EX30 are open for US customers now.