https://www.gamespot.com/articles/e3-2018-new-battletoads-game-confirmed-for-xbox-on/1100-6459611/

In one of E3 2018's bigger surprises so far, a brand-new Battletoads game has been announced. It was revealed during the Xbox briefing today but only in the form of a teaser trailer that showed no gameplay. We did learn, however, that it will have three-player couch co-op and 2.5D graphics. The art in the game will be hand drawn, according to the announcement trailer.

The untitled Battletoads game will arrive in 2019, presumably for Xbox One and PC.