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Save Money on These Electric Bikes
Intending to curb pollution and make the earth a better place to live, India is one of the many countries that have pledged to take petrol and diesel-powered vehicles off the roads. The goal is to replace internal combustion engine (ICE) vehicles with electric vehicles (EVs). Their main characteristics include higher efficiency, low maintenance, and zero emission. Buyers in India already have several electric bike options to choose from, and with skyrocketing petrol prices, many plans to go all-electric.

While the electric car segment is yet in its initial stages, the battery scooty and bike market has a massive array of options to buy. The  best EV two-wheeler in India gives the liberty to use a two-wheeler without hunting for fuel stations, helping owners save significant amounts on petrol prices. Moreover, prospective buyers can use our two-wheeler loans to pay the electric bike price in EMIs without disturbing their budget. Several two-wheeler manufacturers have entered the market with electric bikes since the electric mobility sector is gaining traction in India. The process of buying an electric vehicle can be tricky since you must consider several factors before making a decision. In order to make an informed decision when buying your electric two-wheeler, keep the following factors in mind.
  • Battery and Charging System
  • Range and Speed
  • Technology Used
  • Licence Requirement
  • Price and Subsidies

Brands like Joy, Cybor, Revolt, Komaki, and Tork satisfactorily cater to the riders’ demands in the EV market. Here are some of the best electric vehicles and scooters for buyers in India.
 
  1. Revolt RV400


    Revolt RV400

      Although it looks like a regular commuter motorcycle, it does not make any noise at all when the rider turns the ignition on. That is because it is an e-bike packed with a 4kW motor and a 3.24kW removable battery. Disc brakes on both ends make it a safe ride for city travellers. It offers 170Nm of torque, 85km/hr of claimed top speed, 150km of riding range per charge, and a charging time of under five hours. Prospective buyers can make the purchase affordable with bike finance from Hero FinCorp and pay its price in affordable EMIs.
     
  1. Joy E-Bike Monster


    Joy E-Bike Monster
     
    Monster is a small-size electric vehicle packed with some decent specifications for its size. Its major attraction is the mono-shock suspension system that ensures a stable and smooth ride on bumpy roads. The bike gets fully charged in 5-5.5 hours and consumes only 3.3 units of electricity during the process. Its 72V lithium-ion battery covers 95km on a single charge.
     
Also Read :  Hero Flash Bike: Learn About its Specifications and Financing Options
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  1. Tork Kratos R


    Tork Kratos R

     
    The Kratos R has a certified range of 180km and a top speed of 105km/hr. It is packed with a 4kWh lithium-ion battery that can fast-charge to 80% in sixty minutes. Tork provides users free access to their fast-charging network for the first two years. Furthermore, the bike is loaded with some sought-after features like motor walk assist, geofencing, crash alert, vacation mode, and find my bike function. Available in red, black, blue, and white colours, buy this bike in India at regular battery scooty price.
     
  1. Komaki Ranger


    Komaki Ranger

     
    Fans of bullet bikes looking for their electric version will get the same look and feel with the Komaki Ranger. This electric vehicles in india has a huge 4kW battery that can cover a range of 180-220km on a single charge. What’s more, it has a 4000 Watt motor with features like mobile charging unit, Bluetooth sound system, and dual exhausts with sound and flame effects. Choose among the red, blue, and black variants and pay its price using bike finance.
     
  1. Cyborg Bob


    Cyborg Bob

    Cyborg Bob is a completely made-in-India product that Ignitron Motocorp has launched keeping young adults and teenagers in mind. The motorcycle's design is inspired by a dirt bike and runs at a top speed of up to 85 km/hr.
    A 2.88 kWh lithium-ion removable battery powers it and gives it a range of 110 km on a single charge. It can fast-charge up to 80% in three hours using a 15 Amp home charger. However, it takes 4-5 hours for a full charge using the same charger. Moreover, it has an IP67-certified LED display on the front that shows stats, including the time, battery remaining, bike settings control, etc.
 
Also Read : What is the future of electric scooters in India?
 
  1. Odysse Evoqis


    Odysse Evoqis


    The Odysse Evoqis is the best electric vehicles in india, with a sporty look like other petrol-powered bikes. Having a top speed of 80km/hr, it can easily glide through the city roads without hassle. A 4.32 KW lithium-ion battery powers it and provides it with a range of up to 100 km/h on a single charge. The owner can use a 15W charger to fully recharge the battery in six hours. Other features include a 3000 W motor power and keyless ignition. As far as the finances are concerned, we offer two-wheeler loans to help buyers cover the electric bike price in India. 
     
  1. Oben Rorr


    Oben Rorr

    Oben Electric is a Bangalore-based startup that has launched this perfect bike for short trips and city rides. The Oben Rorr can run at a top speed of 100km/hr and gives an impressive range of up to 200 km on a full charge. It has a 4kWh lithium-ion battery pack with a portable charger that can fully charge the battery from zero to 100% in two hours through a 15A power socket. Besides, the e-bike has a 6.5-inch display that shows basic stats and a driver alert system to keep the riders aware of their surroundings. Buyers can access several other in-built features using a dedicated Oben mobile app.
     
  1. PURE EV eTryst 350


    PURE EV eTryst 350

    Are you looking for a high-power electric vehicle or electric scooter in India? The Pure EV eTrust 350 is packed with a 4000-watt BLDC motor that takes the vehicle from 0 to 75 kmph in 11.6 seconds. Featuring a 3.5kWh battery, it provides a 90 to 140km range on a full charge, depending on the riding mode used. A home charger can fully charge the battery in six hours. Moreover, it has an LED display to indicate details like speed modes, battery status, etc.

These are some of India's best high-powered, stylish-looking electric vehicle options. Although manufacturers try hard to bring the EV prices at par with their petrol and diesel counterparts, aspiring buyers can get their bikes financed from Hero FinCorp to cover the cost and repay in EMIs.
 

How to Save Money on the Electric Vehicle?

 
Electric two-wheelers are typically more costly than their traditional counterparts, primarily due to the battery pack and electric powertrain. Despite this, there are ways to save money when purchasing an electric vehicle or scooter. By taking the following factors into consideration, you can find a cost-effective option that suits your needs.
 
  1. Incentive/Tax Benefits

    To promote the use of electric vehicles, the Indian government is incentivizing their purchase, and many state governments offer additional benefits. Furthermore, electric two-wheelers are subject to lower sales tax (GST) than petrol or diesel vehicles, which can lead to tax benefits for buyers. Before buying an electric two-wheeler, it's essential to research and considers the available incentives and tax benefits to make the most cost-effective choice.
     
  2. Insurance and Registration Cost:

    Low-speed electric scooters need not be registered, and they also do not need to be insured. Also, there is no need for a driving license to ride such electric scooters. So, if you are buying a low-speed electric two-wheeler, you will save on registration and insurance costs. Usually, low-speed electric scooters are equipped with low-capacity electric motors and battery packs and will have a riding range of around 50-60km. These types of Bikes are best suited for short-distance riding.
Want to buy an EV but worried about the electric scooter price in India? Get our two-wheeler loan and cover 95% of the cost at a competitive interest rate with minimal documentation.


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Did You Know

Disbursement

The act of paying out money for any kind of transaction is known as disbursement. From a lending perspective this usual implies the transfer of the loan amount to the borrower. It may cover paying to operate a business, dividend payments, cash outflow etc. So if disbursements are more than revenues, then cash flow of an entity is negative, and may indicate possible insolvency.

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