Xbox:
Three years ago, we started talking with our partners at Xbox Game Studios about what a co-op smuggler’s paradise would look like and how we could bring it to life together. Today, at the Xbox & Bethesda Games Showcase, we finally announced what our team has been working on, Contraband.
Contraband is a co-op smuggler’s paradise set in the fictional world of 1970s Bayan, and our most ambitious and spectacular game to date. We’re taking everything that we’ve learned from 18 years of being at the forefront of creating beautiful, vast open game worlds filled with stunning vistas and incredible emergent gameplay moments.

Just Cause developer Avalanche has closed its Liverpool studio, following the cancellation of Xbox exclusive Contraband earlier this year.

New screenshots unearthed show the UI and stylized 70s designs for Avalanche Studios' cancelled Xbox exclusive, Contraband.

Xbox ends development on Contraband from Avalanche Studios while Kojima's horror project OD remains in active production.
It's been years and the only thing ever shown was some key art and a CGI render of a crate.
It's entirely unsurprising and was really a project that should never have been announced so early. But like perfect dark Microsoft rushed the announcement to show they are serious about gaming and collaborating with other developers outside of their core studios.
Xbox cancels another big game. Is anyone even surprised at this point? Add another to the pile
Nice trailer.
This one was a surprise.
If it's as good as Mad Max, I'll be happy.