Confirming rumors, Google has unveiled the Chromecast with Google TV (HD) device that offers features from the $50 4K model at a significantly cheaper $30 price. Unlike the original $35 Chromecast, it comes with a remote control that eliminates the need for a smartphone, though you can control it with a mobile device as well. The other key feature is right there in the name — lower 1080p resolution, albeit with HDR support.
Source: Google now offers a cheaper, 1080p version of the Chromecast with Google TV | Engadget