Top 5 Electric Bikes Under 2 Lakh In India (2026)

Buying electric bikes in India offers numerous practical benefits over petrol bikes, including cost savings, easy maintenance, improved performance, and longevity, all while providing an uncompromising riding experience for those accustomed to motorbikes.

Lately, electric bikes from Ola, Ultraviolette, Revolt, Oben, Matter, and other companies have gained significant traction, capturing the interest of more riders all over India.

With so many options available, finding the right bike for you on a budget of 2 lakh, which we are comfortable spending on petrol bikes, can be overwhelming. In this article, we list the top 5 electric bikes under 2 lakh in India that focus on delivering overall value to users.

Why are electric bikes under 2 lakh so popular?

A budget of 2 lakh hits the sweet spot for most riders in India. Since many people already spend a similar amount on petrol bikes, choosing an electric bike at the same price feels reasonable, especially with the added advantages of better technology, design, and practicality.

Most of the petrol bikes priced around 2 lakh are under 200cc. These include popular daily commuter and performance bikes from brands such as Bajaj, Hero, and Honda. Most electric bikes are priced below ₹2 lakh to attract more riders and foster wider adoption. Let’s take a look at India’s top five electric bikes under 2 lakh.

1) Matter Aera

(Starting Price: ₹1.82 Lakh, Range: 172km)

Matter Aera brings a classic street bike design that feels bold and stunning. The highlights and design elements used on the bike, such as the graphics, curves, and contours, make the bike stand out on the roads and carry a distinctive road presence.

The bike was the first in India to offer a manual gearbox in an electric bike. Combined with the three ride modes and four manual gears, it facilitates efficient riding and delivers the power instantly when required.

What do you get in Matter Aera?

• 5 kWh battery pack that offers a claimed range of 172 km (True Range: 125 km)
• A PMS motor with a peak power output of 11.5 KW
• Top speed of 105 km/h and acceleration from 0-40 km/h in just 2.8 seconds
• Eco, City and Sport riding modes
• Front and Rear disk brakes with ABS
• 17-inch wheels are used both at the front and rear
• Kerb weight of 168 kgs and a ground clearance of 183 mm
• Comes with a Lifetime Battery Warranty and a 3-year motor warranty
• Flash Charging support (0-100%) in just 2 hours
• Prominent features include a 7-inch capacitive touchscreen instrument cluster, Bluetooth connectivity with phone, true hands-free navigation, OTA updates, USB charging port, Reverse Mode, Regenerative Braking, LED headlights and indicators, Riding Stats, MatterVerse App, Smart Park Assist, etc.
• Comes in two different variants (Aera 5000 & Aera 5000+). Both variants offer the same battery and performance but differ in terms of providing some smart features, such as Navigation, Analytics, and the Guide Me Home feature. 

Offered at a starting price of 1.82 Lakh, the bike is perfect for riders looking for a balanced everyday use companion. Its design, specs, performance, tech, and value for money make this a desirable option amongst the electric bikes under 2 lakh in India.

Learn more about > Matter Aera

2) Oben Rorr EZ Sigma

(Starting Price: ₹1.3 Lakh, Range: 175km on 4.4 kWh variant)

Oben Rorr EZ Sigma features a Stylish Neo-Classic Retro Design that reminds us of the 90s era. It has a sleek and lightweight design that many riders will appreciate for city riding. The graphics on the tank and the sides make the bike look aggressive and bold.

Oben Rorr EZ Sigma nicely balances the performance, range, riding experience and features that many users in India look for in electric bikes under 2 lakh. The bike is offered in 4 different colour variants (Phantom White, Electro Amber, Surge Cyan and Electric Red).

What do you get in Oben Rorr EZ Sigma?

• 3.4 kWh battery with 140 km range or 4.4 kWh battery with 175 km
• A PMS motor with a peak power output of 7.5 KW
• Top speed of 95 km/h and acceleration from 0-40 km/h in just 3.3 seconds
• Eco, City and Havoc riding modes
• Front disc brakes and Rear drum brakes
• 17-inch wheels are used both at the front and rear + tubeless tyres
• Kerb weight of 148 kgs and a ground clearance of 200 mm
• Comes with a 3-year standard battery and motor warranty
• Fast Charging support (0-80%) in just 2 hours
• Prominent features include a 5-inch TFT digital cluster, turn-by-turn navigation, USB charging port, Reverse mode, Regenerative braking, Under-seat storage, Driver Alert System, Unified Brake Assist, Battery Theft Protection, etc.
• Comes in two different variants (Sigma 3.4 kWh & Sigma 4.4 kWh)

Oben Rorr EZ Sigma is the newest addition to Oben’s lineup, offered at ₹1.3 Lakh. This makes the bike a great option for riders seeking a lightweight, everyday-use electric bike under 2 lakh in India.

Learn more about > Oben Rorr EZ Sigma

3) Kabira KM3000 Mark 2

(Starting Price: ₹1.5 Lakh, Range: 201km on 5.15 kWh battery variant)

Kabira KM3000 Mark 2 brings a classic sports bike design to electric bikes. Something that reminds you of a Kawasaki bike. The aggressive visuals, high-speed graphics and design, muscular build and lean-forward stance upon sitting.

The KM3000 looks very sporty right out of the box and feels like it is built for riders who enjoy superbike design in an electric vehicle. The bike promises great performance and riding experience, something you’d expect out of a sports bike.

What features does the Kabira KM3000 Mark 2 have?

• 4.1 kWh battery with 178 km range or 5.1 kWh battery with 201 km claimed range
• A BLDC motor with a peak power output of 12 KW
• Top speed of 120 km/h and acceleration from 0-40 km/h in just 2.9 seconds
• Eco, City and Sports riding modes
• Both Front and Rear disc brakes, Dual-channel CBS
• Kerb weight of 152 kgs and a ground clearance of 175 mm
• Comes with a 3-year or 30,000 km standard battery and motor warranty
• Onboard charger (0-100%) in just 3.2 hours
• Prominent features include a 5-inch TFT digital cluster, TPMS, OTA Updates, LED headlights, tailights and indicators, Regenerative Braking, 13 litres of frunk Storage, and Reverse Mode. 
• Comes in two different variants (KM3000 with 4.1 kWh battery & KM3000 V with 5.15 kWh battery)

For someone who loves the sportsbike design, but needs it under 2 lakh and in electric, Kabira KM3000 Mark 2 can be a good choice. The EV comes at a starting price of just ₹1.5 lakh and offers great performance with a top speed of 120 km/h and acceleration from 0-40 km/h in just 2.9 seconds.

4) Revolt RV400

(Starting Price: ₹1.4 Lakh, Range: 150km claimed)

Revolt RV400 is one of the earliest additions to electric bikes in India. It carries a sleek, street-bike design that cannot go unnoticed. The bike doesn’t look very electric; instead looks like a regular bike without too much jargon.

The bike is targeted towards daily commuters and riders who ride in traffic and on busy roads. Its distinctive LED headlights and taillights, side panels, and minimal graphics are sure to impress the rider who likes clean, street-style bikes.

What do you get in Revolt RV400?

• 4.1 kWh battery with 150 km claimed range
• A Hub motor with a peak power output of 4.1 KW
• Top speed is 85 km/h
• Eco, Normal and Sports riding modes
• Both Front and Rear disc brakes (240mm)
• Kerb weight of 115 kgs and a ground clearance of 200 mm
• Comes with a 5-year or 75,000 km standard battery and motor warranty
• Normal charger (0-80%) in just 3.5 hours
• Prominent features include an LCD digital display, turn-by-turn navigation, mobile connectivity, OTA updates, reverse mode, regenerative braking, geofencing, tow and theft notifications, etc.

Revolt RV400 is one of the first electric bikes launched in India. It has a wide range of users, mostly urban commuters who use it as a primary, everyday-use bike. It comes at a starting price of ₹1.4 Lakh and offers a clean, sleek design and features you’d need for daily use.

Learn more about > Revolt RV400

5) Ola Roadster X+

(Starting Price: ₹1.34 Lakh, Range: 501 km in 9.1 kWh variant)

Ola Roadster X+ is a commuter bike focused on daily commuters who seek range from their bikes. It is one of the latest additions to Ola’s electric bike lineup and is offered in 2 battery pack variants – 4.5 kWh and 9.1 kWh, with the highest claimed range of 501 km/charge.

The bike carries a sleek, aerodynamic design that makes it stand out from the competition. It is built for city riding – upright sitting posture, linear power delivery, and a good range suitable for the majority of riders.

What do you get in Ola Roadster X+?

• 4.5 kWh battery with 252 km range or 9.1 kWh battery with 501 km claimed range
• A Mid-drive motor with 58 Nm of torque
• Top speed of 125 km/h and acceleration from 0-40 km/h in 2.7 seconds
• Eco, Normal and Sports riding modes
• Front disc brakes and Rear drum brakes
• Kerb weight of 131.4 kgs and a ground clearance of 180 mm
• Comes with a 3-year standard battery and motor warranty
• Normal charger (0-80%) in just 5.9 hours
• Prominent features include a 4.3-inch LCD digital display, Bluetooth connectivity, turn-by-turn navigation, OTA updates, Reverse Mode, Regenerative Braking, and Live Vehicle Tracking. 

Ola Roadster X+ offers a great deal in terms of features, performance and range it has to offer. The starting price of the bike is 1.34 Lakh and goes all the way up to 1.9 Lakh for the 9.1 kWh battery variant. The bike offers the best range among the electric bikes available in the Indian market.

Learn more about > Ola Roadster X+

Final Thoughts:

This is a short list of the top five electric bikes in India under 2 lakhs. Each bike provides something unique, whether you’re looking for a smooth daily commuter, a sporty machine, or a bike that can travel a long distance on a single charge.

So, how can you get the best electric bike under 2 lakh for your needs?

• Need a bike that offers great range – If you are someone who seeks great range out of your electric bike, you can go with Ola Roadster X+.
• Need a sports-style bike – Need a sports or superbike styled electric bike under 2 Lakhs? Kabira KM3000 Mark 2 can be a good choice.
• Need overall value-for-money bike – If you are looking for a bike that offers a balance of performance, tech, range and reliability? Matter Aera can be a great option for riders who value this.
• Need a sleek, lightweight city bike – If you like lightweight electric bikes which offer decent performance and range, but are super easy to ride within city conditions? Oben Rorr EZ or Revolt RV400 can be a choice for you.

As you make your decision, consider your daily riding needs, charging convenience, service network availability in your area, and which features matter most to you.