Motorola is one of those brands who are more original in terms of phone designs , setting up its own design language ( rather than copying iPhone or anyone else )
If Lenovo is kills Moto, then its no good for them as well. Compared to Lenovo,Moto has strong identity in mobile phone industry. This is what Lenovo is trying to tap on.
When original moto e came there was some rumours about 50 USD moto c is in the works
Given that the existing E lineup is XT15xx and this is XT10xx actually points to an even lower spec/budget phone rather than a new E.
Maybe we're going to see a new series that is rebranded across markets as either Lenovo or Moto. Since this was expected to be the Lenovo C2 it isn't a hard push to say this could become a Moto C.