Microsoft has announced today that it's bringing out a new version of the Xbox Elite Series 2 controller called the "Core", which features the "essential components" of the Elite Series 2 design at a lower price of £114.99 / $129.99 MRSP. The controller is available to pre-order now in certain markets, with a release date of September 21st.

"The Xbox Elite Wireless Controller Series 2 – Core includes the essential components you need to unleash your best game. Experience adjustable-tension thumbsticks, wrap-around rubberized grip, and shorter hair trigger locks. Enjoy limitless customization with exclusive button mapping options in the Xbox Accessories app. Stay in the game with up to 40 hours of rechargeable battery life1 and refined components that are built to last."

While the Elite Series 2 Core is missing certain components of the standard Elite Series 2 controller, you can add these to the Core with a special "Complete Component Pack" for £54.99 / $59.99.

Here's the difference between the standard Elite Series 2 and the "Core" without the component pack:

Xbox Announces New, Cheaper Version Of The Elite Series 2 Controller 2

Another major announcement today is that the Elite Series 2 will be coming to Xbox Design Lab this holiday, meaning that you'll be able to build your custom Elite Series 2 controllers with various different parts and/or colours.

Finally, Microsoft says that "we’ve heard players loud and clear" about the reliability of Xbox Elite controllers in the past, and has "continued to improve Elite Series 2 controllers to be more reliable than ever before with refined components that are built to last." Once again, this new Elite Series controller comes with a one-year warranty.

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Interested in picking up the new "Core" version of the Elite Series 2 controller? Tell us in the comments.