BMW is making a new car to showcase all of its latest technology. This is similar to what Mercedes does with the S-Class , but in the case of the Bimmer, it’s going to make a green supercar .

We’ve already heard plenty of rumors about the Z10 ED , but now even BMW is talking about it. “The Z10 is the answer to the very interesting question ‘what if we designed a car for the future?’" said BMW design director Adrian van Hooydonk in an interview with Autocar. “The key to the BMW brand is that we must deliver an exciting dynamic experience in the future. That is the cornerstone of BMW, definitely.”

So the Z10 ED will be a front-engined rival for the Audi R8. The ‘ED’ in the car’s name stands for BMW’s eco-friendly technology called EfficientDynamics. This will give the Z10 innovations including stop-start (revolutionary on a supercar), active aerodynamics, and possibly even a heat collector that turns waste energy in the exhaust gases into electricity.

Source: Autocar

We know BMW is looking for a place to showcase its eco-friendly technology called EfficientDynamics. Now it looks like BMW’s Technik skunkworks (these are the same people who made the Z1 and Z8 ) will be bypassing the concept car and going right into production with a mean green machine.

Autocar is reporting that this will be a two-seat model called Z10 ED (Efficient Dynamics) that will be launched in 2011. It will be built in limited numbers, and the £80,000 (about $115,00 at the current rates) price tag should keep the car exclusive just like other BMW small batch offerings.

BMW is rumored to be developing a new high-pressure turbocharged direct-injection straight six cylinder engine to power the car. "The idea is to bring all the very latest technology together in a way that will allow a high level of performance without overburdening the environment in a way that the current crop of supercars do," said an insider privy to BMW’s plans. "There is no reason why they need to be mutually exclusive when you consider the sort of technology that exists today. It is just a matter of applying it correctly."

Back in November we heard a similar situation that pegged the M1 Hommage concept to be BMW’s green supercar , but the Z10 ED name may suggest it will take its design cues from the 2007 concept car . No matter the design, the car should weight in around a light 3000 lbs mainly because of a simple carbon fiber body panels, integrated door frames and sill panels.

Source: Autocar
Even if the M versions of all the BMW BMW models are on top for performance they are not a Ferrari Ferrari F430, Lamborghini or Porche Carrera GT. The only one that gets a bit closer is the M6, powered by a V10 engine with an output of 507 hp. But, BMW has nothing to say in the world of supercars. So, it was about time for the company to do something about it. As a result, there are rumors about a Z10 supercar. With allmost the same size of a Lamborghini Gallardo, the Z10 will be powered by a 5.0 (...)

After the M1, launched in the ’70, BMW has decided it was about time to have something more to say in the world of supercars. After Audi has unveiled the R8 supercar, BMW BMW has announced that they will unveil a direct competitor for it. The new model, called Z10 will debut in late 2008 as a 2009 model. It will compete with Ferrari F430 and Lamborghini Gallardo.

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