Top 5 Electric Bikes in India 2024: What’s Coming Next?

The electric bikes market in India is buzzing with excitement as we approach 2024. With rising fuel costs and growing environmental concerns, more people are turning to electric bikes as a sustainable and cost-effective mode of transportation. From sleek electric scooters to powerful electric motorcycles, the options are expanding rapidly, offering something for every type of rider.

In this article, we’ll take a look at the top 10 electric bikes in India for 2024, including upcoming models from major players like TVS and Hero Electric. We’ll explore the key features to keep an eye on, such as battery range, charging time, and smart connectivity options. We’ll also dive into the pricing and affordability of these new electric bikes, helping you understand what to expect in terms of cost. By the end, you’ll have a clear picture of what’s coming next in the world of electric bikes in India.

Top 5 Upcoming Electric Bikes in India

Ola Electric Lineup

Ola Electric, after dominating the electric scooter market, has set its sights on the motorcycle segment. The company has teased the battery pack of its upcoming motorcycles, with plans to launch three models: Cruiser, Adventure, and Diamondhead. These models are expected to hit the market in 2024 and 2025, with an estimated price starting from ₹1,50,000 . According to a document submitted to SEBI, Ola aims to commence deliveries of its electric motorcycles in the first half of FY 2026 .

Revolt RV400 Upgrade

The Revolt RV400, a popular electric bike, has proven its mettle with users reporting over 25,000 km of usage. The bike offers a range of 80-150 km per charge and takes 4.5 hours to fully charge its 3.24 kWh battery . Priced between Rs 1.34 Lakh and Rs 1.39 Lakh (ex-showroom, Delhi), the RV400 comes with features like keyless operation, 4G SIM connectivity, and artificial exhaust sounds . The bike’s mid-drive motor produces 3 kW of power and 170 Nm of torque, allowing it to reach a top speed of 85 km/hr .

Ultraviolette F77

Ultraviolette has updated its F77 electric motorcycle, now called the F77 Mach 2. Available in two variants – Standard and Recon – the bike offers impressive performance and features. The Standard variant, priced at Rs 2,99,000, comes with a 7.1kWh battery pack and a range of 211km. The Recon variant, priced at Rs 3,99,000, boasts a 10.3kWh battery pack with a range of 323km . Both variants feature three ride modes, a five-inch TFT display, and dynamic stability control .

Tork Kratos X

Tork Motors is gearing up to launch the Kratos X, its latest electric motorcycle, in India in June 2024. The bike is expected to be priced between INR 1,80,000 and INR 1,90,000 . The Kratos X shares design elements with its predecessor but comes with advanced features like an LED headlight, stylish bodywork, and a new TFT dash. It offers a range of 120 km per charge and delivers impressive power output .

Kabira Mobility KM5000

The Kabira Mobility KM5000 EV is set to launch on September 13, 2024, with an expected price of ₹3.15 Lakhs onwards . This electric sports bike boasts an impressive range of 344 km and can achieve a maximum speed of 188 kmph . The KM5000 features a 11.6 kWh battery capacity and a charging time of 2 hours, making it a strong contender in the electric motorcycle market .

Key Features to Look for in 2024 Electric Bikes

Battery Technology and Range

The heart of any electric bike lies in its battery pack. In 2024, consumers should pay close attention to the type of battery used. Lithium-ion batteries are becoming the preferred choice due to their higher charge density, low self-discharge levels, and lighter weight compared to lead-acid batteries . These batteries offer better range and faster charging capabilities, although they come at a higher cost.

Range is a crucial factor for electric bike buyers. The industry has seen significant improvements, with some models now offering impressive ranges. For instance, the Kabira Mobility KM5000 EV boasts a range of 344 km . When considering range, it’s essential to factor in your daily commute needs and choose a bike that comfortably exceeds this distance.

Motor Power and Performance

Electric motors are the driving force behind these eco-friendly bikes. There are two main types to consider: hub motors and frame-mounted (or mid-drive) motors. Hub motors, often found in the rear wheel, are easy to install and cost-effective. However, they can impact the bike’s handling due to increased unsprung weight .

Frame-mounted motors, on the other hand, offer better weight distribution and potentially more power. These motors are linked to a transmission drive, usually a belt or chain. While they may require more maintenance, they often provide superior performance, especially for those seeking a more dynamic riding experience .

Smart Connectivity Features

As technology advances, smart connectivity has become a key feature in electric bikes. Many 2024 models are expected to come equipped with digital dashboards and smartphone integration. These features allow riders to monitor battery levels, track their rides, and even adjust performance settings on the go .

Some electric bikes now offer advanced driver-assistance systems (ADAS) for improved safety. These can include collision warnings, lane departure alerts, and adaptive cruise control, enhancing the overall riding experience and safety .

Charging Infrastructure

The growth of the electric bike market is closely tied to the development of charging infrastructure. In 2024, look for bikes that are compatible with fast-charging technology. Some models can now be fully charged in just over an hour, making them more practical for daily use .

The government has set ambitious targets for EV adoption, aiming for 80% of two-wheeler sales to be electric by 2030 . This push is supported by initiatives like the FAME II scheme, which has allocated significant funds for the development of charging infrastructure across the country .

When choosing an electric bike, consider the charging options available in your area and the bike’s compatibility with different charging systems. The convenience of home charging and access to public charging stations will play a crucial role in your overall electric bike experience.

Pricing and Affordability of New Electric Bikes

Budget-friendly Options

The electric bike market in India offers a range of affordable options. For budget-conscious consumers, models like the AMO Electric Jaunty, priced at Rs. 62,500, and the Yulu Wynn, available for Rs. 55,555, provide cost-effective entry points into electric mobility . These budget-friendly options make electric bikes accessible to a wider audience, helping to accelerate the adoption of eco-friendly transportation.

Mid-range Electric Bikes

In the mid-range segment, consumers have more choices with enhanced features. Popular models include the TVS iQube, priced between Rs. 97,299 and 1.20 Lakh, and the Bajaj Chetak, ranging from Rs. 99,998 to 1.56 Lakh . These bikes offer a balance between affordability and advanced features, catering to riders who seek better performance and longer range.

Premium Electric Motorcycles

For those looking for high-end options, premium electric motorcycles offer cutting-edge technology and performance. The Ola Electric Cruiser, expected to be priced over Rs. 2 lakhs, and the Harley-Davidson LiveWire, priced between Rs. 20.5 – 20.6 Lakhs, represent the luxury segment of electric two-wheelers . These premium models often boast superior range, power, and advanced features.

Government Incentives and Subsidies

To make electric vehicles more affordable, the Indian government offers various financial incentives. These include purchase incentives, road tax exemptions, and registration fee waivers . The FAME-II scheme, with a budget allocation of 10,000 Cr, provides subsidies for different categories of electric vehicles . For electric two-wheelers, the subsidy is Rs 15,000 per kWh, up to 40% of the vehicle’s cost . These incentives significantly reduce the effective cost of electric bikes, making them a more attractive option for consumers.

Conclusion

As we look ahead to 2024, the electric bike market in India is set for an exciting transformation. The upcoming models from major players like Ola Electric, Revolt, and Ultraviolette promise to shake up the industry with their advanced features and impressive performance. These new electric bikes are not just about eco-friendly transportation; they’re about pushing the boundaries of what’s possible in two-wheeled mobility.

For consumers, this evolution means more choices, better technology, and potentially more affordable options. The combination of improved battery technology, smart connectivity features, and growing charging infrastructure is making electric bikes a practical choice for daily commuters. With government incentives further sweetening the deal, we’re likely to see a significant shift towards electric mobility in India’s two-wheeler market. It’s an exciting time for riders who want to be part of this electric revolution.

FAQs

1. What does the future hold for electric bikes in India?
The outlook for electric bikes in India in 2024 is very positive, fueled by the growing trend towards eco-friendly electric mobility, technological progress, and supportive government policies. The evolving preferences of consumers and improvements in battery technology are making electric bikes increasingly attractive.

2. Which electric bike holds the top spot in India currently?
In terms of popularity, the leading high-speed electric scooters include the Ola S1 Pro, TVS iQube, Bajaj Chetak, Ather 450X, Hero Electric Optima, and Vida V1. For electric motorcycles, the Revolt RV400, Ultraviolette F77, and Oben Rorr are the front runners.

3. What are the details about the upcoming Royal Enfield electric bike in India?
The Royal Enfield Classic Electric is anticipated to be launched in India in January 2026. It is expected to be priced between ₹ 5,00,000 and ₹ 6,00,000. Currently, bikes similar to the Classic Electric available in the market include the Benelli 502C, Kawasaki Eliminator, and Royal Enfield Super Meteor 650.

4. Which EV two-wheeler is the bestseller in India?
Ola Electric leads the market, having sold 127,780 EVs year-to-date in 2024, marking a 28.5% increase. TVS Motor follows, with its top-selling model, the iQube, achieving sales of 98,658 units, reflecting a growth of 20.8%.

Read More –Top 5 Electric Cars in India Under 10 Lakhs for 2024