My guess, since EA is now involved in the project, is that this game will be released as an exclusive app for a yet-to-be-released Android device. Just like how Need For Speed: Shift is exclusive to the Droid X. Although I am looking forward to this game, I am not holding my breath for an Android release anytime soon.
This game will probably go to iOS devices first, then to a specific Android device at a later date. This sucks, but my prediction doesn't seem too farfetched as EA just doesn't seem all that interested in exploiting the Android Market. Actually, I noticed that EA has pulled all of their games from the Android Market (at least on my EVO running stock 2.2) during the last week or so...