It seems that Nikon is currently working on some cheap Nikon Z mirrorless lenses (non-S), which are described as “optimum balance between advanced functionality, compactness and value for money”.
Lenses other than the S-Line series will be announced at a later date.
Well-balanced, high-performance lenses
These lenses strike an optimum balance between advanced functionality, compactness and value for money, while retaining the basic concept of the S-Line series.
These new cheap Nikon Z mirrorless lenses will not be the current “S-Line” lenses. The previous report said Nikon will announce a new DX format (with an APS-C sensor) Z-mount entry-level mirrorless camera in 2019. Maybe these cheaper lenses will be made for the new “consumer” mirrorless cameras below the Z6.
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Via: Nikkor Z brochure