The highly anticipated Nothing Phone (1), the first smartphone from Carl Pei's Nothing, was released last month. Although the firm hasn't really discussed its upcoming smartphone, several reports suggest that one may be in the works. But it won't be the Nothing Phone (2) or the second version, or whatever they might term it.
Rumour has claimed that Nothing could be developing a "Lite" version of the Nothing Phone, which is anticipated to be released prior to the company getting busy with the second generation of handsets.

Nothing Phone (1) Lite specifications (rumored)
Although it may seem odd, it appears that the rumored phone will be a more affordable version of the Phone (1). According to the source, features like the Glyph user interface and wireless charging may be reduced to Nothing. However, the processor, display, and camera sensors will be the same in the "Lite" version.
Additionally, a charger can be included in the packaging to make up for the absence of wireless charging. The rumored phone may have a slightly larger 5,000 mAh battery, which is interesting.
Nothing Phone (1) price in India (rumored)
Though the RAM and storage choices are unknown, the article speculates that the Lite version may cost roughly Rs 24,999 for the 6GB/128 GB edition, which would make it more enticing to some customers. It should be emphasized that Nothing has denied that it is working on any such phone.
Also, Read - Nothing Phone (1) to be sold through an invite-only system.
Nothing Phone (1) Lite India launch Date (rumored)
The launch of the Nothing Phone (1) Lite could coincide with India's forthcoming holiday season. The Lite version will also be offered for sale on Flipkart, much like the original model. During the holiday season, the price of the Phone (1) may go below Rs 30,000, according to the report.
Mentioned That nothing Phone 1 Lite Is Just rumours officially Nothing reacted And They said No Lite Phones Are Coming...