According to a report by Techmaniacs , the new Moto E is expected to be launched on 2015.
The new Moto E 2nd Gen may have 4.5-inch screen with qHD 960x540p display resolution which is similar to the previous Moto E. It is also said to have a 5MP camera (without LED Flash) and LTE connectivity. The report also states that the new Moto E will be same as the current model, which means a Snapdragon 400 processor clocked at 1.2GHz coupled with 1GB of RAM.
Although the report did not state the official price of Moto E, it mentioned that it will be "very low price." The device reportedly runs on Android Lollipop 5.0 with no lags and responsive software.
A hands-on session with the new smartphone lead to observations about it having a good grip despite its thickness, as well as a responsive software experience overall. Unfortunately though, this hasn't resulted in a hands-on image, what you see above is the first-gen Moto E. The new model will look pretty similar, however.
