Work on the new Mass Effect series has started! The new Mass Effect game is going to be a sequal to the current ones, but not starring Sheppard and his companions. It has yet to have a release date/platform, but we do know that it'll be using the FrostBite 3 engine.
One day I'll get down to writing a post about the Mass Effect series as a whole. It's my favorite game ever so a LOT will be going into it.