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

In one of E3 2018's bigger surprises so far, a brand-new Battletoads game has been announced. It was announced 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 was hand-drawn, according to the announcement trailer.

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