With its modified V40 Cross Country body, the vehicle seen here provides no clue as to what the new XC40 will look like, but we can see that it will be around the same size as the current V40.
As evidenced by the cut and shut rear doors, and much taller stance, the proportions will be slightly altered. With its wheel arch extensions, the XC40 should be wider than today's Ford-based high-riding V40 hatch.
Earlier this week, Volvo announced that it would debut a new generation of small cars in 2017. These vehicles will use a new component set, dubbed Compact Module Architecture (CMA), that's currently being developed by the Swedish marque.
It's expected that this flexible platform will be used for the next-generation V40, as well as a fully fledged crossover vehicle, the XC40 (seen here).
The XC40 and V40, and possibly a new S40 sedan, will be powered by the company's latest generation of petrol and diesel engines. The company is also working on a new front-wheel drive plug-in hybrid drivetrain that will slot into the CMA architecture.
When the XC40 debuts, it will give the Geely-owned Swedish car maker three entrants in the hotly contested luxury SUV market.