The prototype has been caught before, rummaging around the snow and ice of Europe. Today we finally get some non-camo photos of the vehicle, which looks like a X5 was hit with the ray-gun from Honey I Shrunk the Kids. Soon to be available in both three & five door models, BMW hopes the vehicle will be the next great step to a larger audience with their smaller ride.

Rumors suggest the next-gen BMW 1-Series will contain a turbocharged three and four-cylinder engine, both of which are also in a fresh development phase. There’s also grumblings of a twin-turbo four-cyl for a 1-Series Supersport. Great find by TMR!

The ‘ED’ in BMW Z10 ED stands for Efficient Dynamics – a combination of fuel-saving technology and enhanced performance. We are hoping for something that can still pump out 400 horse power while under the control of a hybrid engine. BMW and Technik are playing around with a 6-cyl turbo charged engine that can work along with a lithium-ion battery. No word on an official pricing, but speculation seems to be around the $113,000 mark. In today’s economy, that might as well be one-million.