Here are some first pictures of the Volvo XC40 CUV which will be competing with the Audi Q3 when it is launched sometime in early 2018.
These photos show the XC40 prototype with a modified V40 body mounted on top. The eventual production model will not not look much like this consequently. It will likely use the same taillight design as the V90 Station Wagon.
The XC40 could get anything from a four-cylinder gas or diesel engine, or it could get a plug-in hybrid powertrain.