Swedish carmaker Volvo Cars has premiered its smallest, fastest and cleanest car – the EX 30 small all-electric SUV -- on Wednesday in Milan, Kallanish reports.

The long-awaited specs and further details come after months of teasing. The new model, available to order now in selected markets, will be delivered in Europe in Q1 2024 with prices starting at €36,000 ($38,537). US customers can place pre-orders, while orderbooks for other markets will open at a later stage.

The “attractive pricing” means customers will get a premium all-electric SUV for a similar price to combustion engine-powered equivalents, Volvo says. Targeting Gen Z customers, the carmaker is offering battery technology “freedom” to suit individual needs.

The new model is available in three powertrains with two different battery types – the latter being the cheaper lithium iron phosphate and the more traditional, yet more expensive, nickel-manganese-cobalt batteries. A single motor powered by a 51-kilowatt-hour LFP battery can deliver up to 214 miles. A single motor extended range variant equipped with a 69-kWh NMC battery can offer up to 298 miles in range. A twin motor performance-focused version, paired with a 69-kWh NMC battery, provides up to 286 miles in range, according to preliminary (WLTP) data.

“Our fully electric EX30 might be our smallest ever SUV, but it’s a big deal for our customers and a big deal for us as a company,” says chief executive Jim Rowan. “We like to say the EX30 is small yet mighty, because it delivers on everything you’d want from a Volvo but in a smaller package.”

Talking of package, the new model will also be available with the Care by Volvo subscription package, in addition to outright ownership and leasing options. Subscriptions start at €599/month.

Volvo also says the new BEV has the lowest carbon footprint of any Volvo car to date, estimated at below 30 tonnes for over 200,000 km of driving. It’s also the fastest model in its line-up, with a 0-100 km/hour acceleration of 3.6 seconds.