The E-Pace will start at $39,595 when it goes on sale in the USA within the first two months of 2018.
The E-Pace launch event was just as ambitious and extravagant as the baby Jag itself.
Jaguar is clearly enthusiastic about this launch.
The reveal of the E-Pace was followed by a musical performance by Pete Tong & The Heritage Orchestra.
Ian Callum, the Design Director for the project says that this is one of the most playful machines from the company's history and he knows that this one has turned out magnificently.
The E-Pace sits on a longer wheelbase than the Range Rover Evoque, with excellent rear leg room and headroom for a vehicle measuring less than 4.4m in length, while the boot capacity ranges from a minimum 577 litres to a maximum of 1,234 litres.
Ahead of the reveal, Jaguar has released a teaser image (below) that shows the design of the car's rear lights. Although Jaguar Land Rover UK MD Jeremy Hicks is remaining conservative in his estimates, this model is expected to see this rise even further.
Jaguar have been teasing their new SUV over the last few weeks and now the new Jaguar E Pace is official and it looks very impressive from the photos. Despite being shorter in length than the Q3 and X1, the E-Pace sports a longer wheelbase of 2,681mm for competitive space for five people and their belongings.
The hood, roof and tailgate are aluminum.
In terms of dimensions, the E-Pace measures up well with any of its German adversaries. E-Pace models making less power will make the sprint from a standstill to 60 miles per hour in 6.6 seconds (zero to 100 km/h in seven seconds flat), while any of the three E-Pace R-Dynamic models will do the same run in 5.9 seconds (zero to 100 km/h in 6.4 seconds).
A less powerful 183kW version of the same 2.0 turbo will also be available. For those looking for a more economical option, the lower powered 148bhp Ingenium diesel engine emits just 124g/km of CO2. In addition to all-wheel drive, all models will be equipped with 9-speed automatic transmissions.
The E-Pace is also equipped with All Surface Progress Control, a low-speed cruise control created to handle low-traction conditions.
Practical touches like four charging ports, 60:40 split folding rear seats and smart stowage spaces including designated spots for your mobiles and tablets and over 40 Litres of indoor cubby-holes mean that this will be an easy vehicle to live with.
There are five USBs, one for each passenger, several charging points and a 4G hotspot can cater for eight devices.
Inside the cabin, the dashboard of the E-Pace is futuristic, the driver can specify a 12.3-inch TFT digital instrument panel and a head-up display, while there is a centrally mounted 10.2-inch touchscreen infotainment system as standard on all models. It needed a 160-metre run-up in order to gain enough speed, plus enough height to let the E-Pace fully turn over in air before landing again on all four wheels. This reduces body roll and prepares the vehicle for poor or no-road use when it detects a change in road conditions.
It is also available with a blindspot warning and lane-keeping assistance, front and rear cameras to aid visibility at junctions or when reversing to park, full parking assistance, and matrix LED headlights, although fixed LED headlights are standard.
It may be an SUV like the F-Pace but it's heavily influenced by the F-Type. The D240 and P300 versions get a torque-sensing Active Driveline architecture with a clutch pack on the rear axle to direct drive to whichever rear wheel can best deploy it.
It will be the first Jaguar manufactured outside of England - produced alongside its corporate cousin, Range Rover, in China, Austria and a new plant in Slovakia.
No E-Pace should feel slow. Jaguar Land Rover's InControl system allows you to keep the vehicle secure by tracking it on your smartphone, automatically alerts the emergency services in case of an accident and allows you to check fuel levels and mileage remotely via a smartphone or smartwatch.