There are a lot of new companies popping up, and most of them are using an electric drivetrain. And frankly, that makes more sense than this. Because it is easier to start from scratch than with a conventional drivetrain.
Next to that, how would you get something like this qualified as safe enough? Perhaps in US when it is a truck? As a passenger car it will not work.
BMW engine has been used before in a Bertone offroader, based on a Daihatsu. Basically a luxury version of the same car.
But I doubt that it is liked by people who really wamt to have solid axles and ladder chassis.