According to Autocar UK via 4RingBlog, BMW is going after the popular Audi R8, by developing a new model, codename Z10 ED (short for EfficientDynamics). If I recall correctly, yours truly BMWBLOG was the first one to report back in December 2008, that BMW is working on a new Z concept, named for now, BMW Z Vision, but most likely taking the Z10 name as a production model.
As we announced back then, the BMW Z Vision Concept or Z10 ED, will have smaller proportions, but more modern styling than the Z8. The headlights positioned on the corner of each front wings with a wide twin-kidney grille will be similar to the CS Concept. There will be no windscreen, but a speedster style screen and a twin “individual cabin layout where the aluminium metal skin actually joins on to the dashboard separating the driver from the passenger.
The surprise comes from the fact that the Z10 ED will be built on a 1 Series platform with a very significant insignia on the front wheel arch – “eDrive.” The Z Vision Concept/Z10 will be all about EfficientDynamics, so those of you dreaming of a race car powered by V8 or even V12 engines, you’ll just have to wait a little bit longer.
But, BMW still sees it as a direct competitor to the beautiful Audi R8 and it will develop the car with performance and dynamics in their mind. The car is rumored to weigh less than 3,080 lbs, it will be a front-rear drive car and powered by petrol and hybrid engines. Rumors say that the Z10′s performance will come from a turbocharged six inline engine outputting around 400 horsepower.