The 2023 Mini Cooper Electric Hardtop is one of the most affordable electric vehicles available in the US, starting at $34,225. But its 114-mile driving range simply isn't good enough, with 250 miles being the accepted norm these days.

According to a new report from Auto Express, the UK automaker is working on a new EV that can go a lot further on a charge. After being previewed as a concept, the Mini Aceman is expected to enter production and go on sale in 2024.

The Aceman is expected to sit between the upcoming Cooper EV and the Countryman EV, effectively serving the role of the five-door electric model since the Cooper EV will be a three-door only. Reports claim Mini will offer two battery sizes with various ranges and power outputs.

The base model will produce around 180 horsepower with a 200-mile range using a 40 kWh battery. This is a significant increase over the current Cooper Electric's 32.64 kWh battery and 114-mile range. Customers can also upgrade to a 50 kWh battery offering 215 hp and 250 miles of driving range. These numbers are based on the WLTP cycle, so the EPA ranges will likely be closer to 180 and 225 miles.

If these rumors are true, Mini will nearly double its current max range and increase power by almost 19%. Depending on the price, the Aceman could be pretty competitive based on these rumored figures.

Unfortunately, Mini plans to build the vehicle in China by Great Wall Motors, meaning it will not qualify for the $7,500 federal tax credit.

Based on the initial spy shots (included below), the Aceman will keep much of its concept's styling. The vehicle will be slotted in between the three-door hatch and the upcoming Countryman, which is expected to grow in size.

With an on-sale date not scheduled until 2024, it may be a while before we see anything more official from Mini. Until then, Mini can hope the Aceman doesn't become outmatched by the competition before it arrives.