They definitely will, but I suspect the "next gen" will be sometime in 2026 (For the Vision Pro.) The cheaper/more consumer vision will likely be smaller/lighter and released in 2025.
There is just so much tech packed into the Vision Pro, super high-res OLED displays, a ton of camera sensors. Lidar sensors, two SOCs, a cooling fan, the external lenticular display, the internal optics, eye tracking, etc.
My real question is what gets cut for the cheaper model. The displays are critical (You can't have crappy passthrough as then you won't want to use it - see Meta Quest Pro.) That means cameras are also critical. The external display is critical if Apple wants people to be able to use this around other people. The processors could be lessened I guess (And maybe they just release with an old gen M2, when it is two years old.) Eye tracking/hand tracking are needed to not have multiple different interface modes.