Motorola today announced the Moto E, a new low-cost handset meant to put a nail in the coffin of feature phones. The device bears a familial resemblance to last year's Moto X and Moto G, but downgrades specs to further drop the price. Motorola is offering 20 different interchangeable rear covers to allow for personalization of the phone, which is splash proof and scratch proof. The Moto E features a 4.3- inch display with Gorilla Glass 3 and a 1.2GHz dual-core Snapdragon 200 processor with 1GB of RAM and 4GB of internal storage. It comes with a 5-megapixel camera that can capture panoramas as well as 720p HD video. The phone also includes support for a microSD card up to 32GB, an FM radio, and a 1,980mAh battery that Motorola claims is good for a full day. The Moto E runs Android 4.4.2 KitKat and Motorola is guaranteeing at least one major system update in the future. The Moto E will be sold by 80 carriers in 40 countries in the next few weeks. It does not support LTE networks, but does support HSPA and CDMA in various geographies. The Moto E costs $129. Motorola also announced a refresh to the Moto G, which adds support for LTE and microSD cards. The Moto G + 4G will sell for $219 and goes on sale in early June.