This paper presents an algorithm for local motion planning in environments populated by moving elliptical obstacles whose velocity, shape and size are fully known but may change with time. We base the algorithm on a collision avoidance vector field (CAVF) that aims to steer an agent to a desired final state whose motion is described by a double integrator kinematic model. In addition to handling multiple obstacles, the method is applicable in bounded environments for more realistic applications (e.g., motion planning inside a building). We also incorporate a method to deal with agents whose control input is limited so that they safely navigate around the obstacles. To showcase our approach, extensive simulations results are presented in 2D and 3D scenarios.