Motorola has officially unveiled the Moto E. If you thought the Moto G was the company’s only budget smartphone, think again. The Moto E is redefining the industry with a launch price of only $129 in the US and £89 in the UK.

The Moto E may not be packed with the best specifications on the block, but it will certainly get the job done. Especially for the money. As far as specifications go, the Moto E has a 4.3-inch display covered by Gorilla Glass with a resolution of 960×540 (256ppi), 1.2Ghz dual-core Snapdragon processor, Adreno 302 GPU, 1GB of RAM, 4GB of internal storage, a 1,980mAh battery, and runs Android 4.4.2.

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