The Range Rover Evoque's starting price will be 27,955 pounds (about 32,000 euros) in the UK, Land Rover said.
The SUV will be offered in both five-door and coupe body styles and will go on sale in September.
Customers will have a choice of two 2.2-liter turbodiesels, one that offers 148 hp and the other 187 hp, and a 2.0-liter gasoline engine with a performance rating of 237 hp.
All variants will be offered with six-speed manual or automatic transmissions, and, for the first time in a Range Rover, the option of front-wheel drive as well as four-wheel drive.
Land Rover says the sporty Range Rover Evoque three-door coupe will be shipped with two individual rear seats, with customers having the option of ordering a three-seat bench if preferred.
The Evoque five-door model, with which the automaker is targeting traditional SUV customers and families, has a roofline that is 30mm taller than the coupe's to offer extra head and shoulder room for rear-seat passengers.