It's called Elex. A sci fi/fantasy game open world RPG
The team that's making this are the Piranha bytes devs
NOT the devs responsible for the abortions known as Gothic 3 and gothic: ArcaniA
for those of you unfamiliar with the gothic series i highly suggest you play 1 and 2 on Steam.
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Not much has been shown. only news is it's confirmed for PC and PS4. and some screenshots were tweeted by the devs