Fans of British sports cars will enjoy this news; MG is back! The storied marque is now owned by a Chinese conglomerate with plans to sell mainstream electric vehicles, including a new roadster called the Cyberster (no relation to the Tesla Cybertruck). The first of these new compact EVs using the company's MSP (Modular Scalable Platform) has arrived, dubbed the MG4 Electric. It's a compact hatchback that doesn't look too distant from the Chevrolet Bolt. Of course, it won't be sold in the United States, but we believe this is the type of forbidden EV fruit that America needs more of. Here are the specs:

The MG4 is available with two small battery packs, 51 kWh and 64 kWh. The former enables a 217-mile range (WLTP-rated) while the latter can travel approximately 280 miles. Accounting for the differences in WLPT and EPA testing cycles, these translate to around 194 and 250 miles, respectively. Both battery variants have a single electric motor on the rear axle, generating 167 or 201 horsepower (depending on the pack size).

Those range figures aren't the highest ones we've seen, but they are impressive given the minimal battery size. MG says its packs are the smallest in the industry, measuring only 110 millimeters thick (around 4.3 inches). It may not be a classic sports car shape, but the rear-drive EV does boast a 50:50 weight distribution with "particularly agile driving dynamics." The sprint to 62 mph will take less than eight seconds and the top speed is 99 mph.

The exterior design is quite attractive, with 28 LED lights forming six vertical fiber-optic stripes up front. At the back, a slick light bar stretches the length of the vehicle with a unique dual-wing rear spoiler adding some styling flavor. Customers can choose between Pebble Black, Dover White, Medal Silver, Andes Grey, Diamond Red, Brighton Blue, and Fizzy Orange (pictured here).

Inside, a 10.25-inch touchscreen paired with a smaller seven-inch driver display in front of the steering wheel. The cabin design is minimal, but effective and the technology is fairly impressive. CarPlay and Android Auto are standard, and there is an available MG Pilot advanced driver assistance system. These features don't blow away the competition, but the pricing is extremely reasonable.

In the UK, the SE Standard Range starts at £25,995 (around $31,300), the SE Long Range is £28,495 (around $34,300), and the Trophy Long Range is £31,495 (around $37,900). This is more expensive than the Bolt, but it's cheaper than a lot of "affordable" EVs currently on sale in the US.