The third generation of Moto E smartphone is now official as Lenovo owned Motorola continues this line of smartphone. As stated in the title, the Moto E3 is almost a carbon copy of Moto G4 Play smartphone.
It runs on Android 6.0.1 Marshmallow out of box and will have a micro SD card for expandable storage.
It consists of 8 mega pixel rear camera with LED flash and 5 mega pixel front facing snapper. It will be available in September 2016, just after Moto G4 Play launch.