Thomas "Blixtev" Blair is at it again with a brand new developer diary on the Crowfall site. In it, he introduces players and fans to the Half-Elf race. Half-Elves are born via Human and Wood-Elf parents with subtle but important differences from each parent's race. For instance, they age more slowly than Humans, but more quickly than Wood-Elves. As a result of their mixed heritage, a lot of misinformation has been passed down about them.
For game purposes, Half-Elves benefit from Runestones of both parents. They receive a Dexterity, Intellect and Spirit bonus. Their Bloodline passive is "Trailblazer" that gives them a 15% movement bonus if present in the Survival Tray. They also get the race-specific Active Power (RMB) of Dodge.
Half-Elves are available in Male and Female form and can be Rangers, Assassins and Druids.
You can read up on the particulars by visiting the Crowfall site.