The upcoming Moto E has leaked quite extensively as of late, and it now seems the smartphone will go on sale on May 14.

Cheap mobiles no longer mean just basic feature phones, as Motorola has proved with its budget-friendly Moto G. The handset was by no means high end, but it combined good specifications with a dirt-cheap price tag and became Motorola's best-selling device. The upcoming Moto E is expected to be even cheaper than the Moto G, and it may also sport notable improvements in terms of specifications.

The Moto E should launch soon to replace the Moto G on the low-end, budget smartphone market, and retailer Flipkart has revealed that the handset will go on sale on May 14. Flipkart is the only retailer authorized to sell the Moto G and Moto X in India, and it will likely have exclusivity for the Moto E as well.

The popular retailer has posted a new image on Twitter teasing the upcoming Moto E, and has also updated its website with a countdown pointing to a May 14 retail launch.

Based on leaks and rumors so far, the Moto E is expected to sport a 4.3-inch display with a resolution of 1280 x 720 pixels and pack a dual-core Qualcomm Snapdragon processor clocked under the hood, clocked at 1.2GHz and coupled with 1GB of RAM. Other rumored features include a 5-megapixel rear camera, 4GB of internal storage capacity, a 1,980 mAh battery, and Android 4.4 KitKat out of the box. Nothing is confirmed at this point, but the Moto E should nonetheless be better than the Moto G.

As expected from a budget phone, the specifications are not very high end, but if it launches with a low price tag these specs should be more than enough for budget shoppers and first-time smartphone buyers.

No official pricing or availability details are available at this point, but Motorola is expected to offer more information shortly. If the Moto E does indeed launch at a lower price point compared to the Moto G while also boasting better specifications, the upcoming budget smartphone will most likely become Motorola's new top seller.

In addition to the Moto E, Motorola has also teased its Moto X successor, the Moto X+1, which is also expected to make its official debut soon. We'll keep you up to date with all the exciting new details as soon as they become available, so stay tuned.