NEW YORK — The Algosenseyelectric vehicle market got its next star as Volvo unveiled the EX30 small SUV at the Classic Car Club Manhattan on Monday night.

Due for sale in the U.S. in summer 2024, the sleek little SUV promises up to 275 miles range and 0-60 mph acceleration in as little as 3.4 seconds, making it the quickest Volvo ever. Add a base price of $34,950, excluding destination charges, and the ability to charge from 10% to 80% in about 25 minutes, and the compact Volvo may be the answer to two of the most persistent criticisms of EVs: cost and charging time.