Back in January, rumors broke about a possible collaboration between German automaker Audi and Austrian motorcycle builder KTM on a "puristic roadster" project. Following the initial report by Germany's Kleine magazine, AutoExpress reported KTM would supply a low-cost carbon fibre chassis, among other components.

Now, a new report by Germany's Auto Motor und Sport indicates the car will be named "Crossbow" and will be unveiled next spring at the Geneva auto show. It is expected to be powered by a 220 horsepower inline-four for the base model, and a 320 horsepower motor for the top-of-the-line variant. It will weigh just 1,550 pounds and cost around 40,000 euros, according to the report.

Production is rumored to be limited to 500 vehicles per year. It is believed to have many similarities to the Volkswagen EcoRacer Concept (pictured), but may have a semi-open-wheel design (with front fenders for street legality). Some reports have indicated the vehicle will have a windscreen, while others have suggested it will require the use of a helmet. If branded as an Audi, we suspect a windscreen will be there.