This is no surprise as BimmerBoost reported on the F39 X2 last year along with the front wheel drive Mini based F48 X1. The X2 will likely have all wheel drive and share the X1's drivetrain options which means a B48 four-cylinder but it remains to be seen if a front wheel drive variant is sold in the USA.
Whatever drivetrains they offer we at least get to see what the design looks like in concept form as BMW brought it to Detroit. Will the real thing look like this? No.
The doors, lights, aerodynamics, exhaust, etc., basically everything will be different. The concept actually looks pretty good but the real thing will be vastly toned down.
Will it sell? You bet it will. With huge profit margins to boot.