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Tata Capital > Blog > Top 5 Electric Scooters Under 1 Lakh In India
It is widely believed that anything electric is expensive. And that might have been true earlier but not any longer. We live in exciting times where technology is advancing at an unfathomable speed. And most importantly, not at the cost of our environment. Electric scooters are part of that journey. There are many available in different price ranges, but here, we’ll be discussing the best electric scooters below 1 Lakh.
A recent study by Redseer estimated that electric two-wheelers will witness a whopping 78% growth by 2030. So, if you’re planning on buying an electric scooter, you’re ushering in the next generation of two-wheelers.
Today the market offers a variety of electric scooters at exciting prices. Choosing one that meets your needs but doesn’t strain your pocket can seem like looking for a needle in a haystack. But, worry no more because here we have sifted through the hay for you.
This blog explores the best electric scooters under 1 lakh so that you can book your dream two-wheeler tomorrow!
With rising pollution levels and exponential fuel prices, electric vehicles are gaining popularity. The advantages to owning an electric scooter are many. Not only do they have a low running cost, being powered by a rechargeable battery, but they are also eco-friendly and make less noise as compared to their fuel-driven counterparts. So, before you scroll further, give yourself a pat on the back for choosing the planet!
Here we have a consolidated list of the top electric scooters below 1 lakh so that soon you can drive your pride and joy home in no time!
We start the list with the in-demand Ola S1. You might know Ola as the Indian-born ridesharing company, but it is now expanding into the electric scooter market too. Ola launched the Ola S1 late last year and was greeted with immense popularity. The CMO of Ola even remarked that the number of people that pre-registered for the electric scooter was unprecedented. In the first quarter of the new financial year, Ola made the second highest sales, with 32,729 models sold to eager customers.
Below are the specifications of the Ola S1.
| Battery Capacity | 2.98 kWh |
| Charging Time | 5 hours |
| Range | 121 Kilometres |
| Highest speed | 90 Kmph |
| Price | Rs 97,706 |
Ola S1 is a top electric scooter for under 1 lakh in India. With its stylish design and affordable technology, its demand is sure to grow.
TVS is one of the oldest names in two-wheeler manufacturing. Founded in 1978, the Chennai-based company has continued to deliver powerful automation through the years. The TVS iQube Electric is no exception. It is an impressive launch and is definitely one of the best electric scooters under 1 Lakh in India currently.
Below are the specifications of the TVS iQube Electric.
| Battery Capacity | 3.04 kWh |
| Charging Time | 5 hours |
| Range | 75 kilometres |
| Highest speed | 78 Kmph |
| Price | Rs 92,989 |
The TVS iQube Electric comes with added features like parking assist, a large dashboard, and comfortable storage, making it a strong competitor on this list.
If you like a vintage touch to your scooters, look no further. This electric scooter has a stunning exterior with curved edges and a LED headlamp, and alloy wheels that will make heads turn. It was launched in 2014 and continues to be one of the top electric scooters under 1 lakh in India.
Additionally, Hero electric held the largest market share at 35% in the country in 2021. They are also rumoured to be acquiring a $250 million investment to expand its production and retain its position as the market leader.
Below are the specifications of the Hero Electric Photon.
| Battery Capacity | 1.87 kWh |
| Charging Time | 5 hours |
| Range | 108 Kilometres |
| Highest Speed | 45 Kmph |
| Price | Rs 80,940 |
This electric scooter comes packed with some exciting features like telescopic suspension, an anti-theft alarm, and an intelligent digital instrument cluster.
Okinawa Autotech was second to Hero Electric last year in terms of market share but has started FY2023 with a bang. In a matter of a mere four months, they stand No.1 with 35,386 models already home with their owners.
Electric scooters are the technology of the future, and the Ridge Plus embodies just that. With a chic, sharp look, its presence on the road is hard to miss. With the shortest charging time on this list, it is a worthy contender for the best electric scooter under 1 lakh.
Below are the specifications of the Okinawa Ridge Plus
| Battery Capacity | 1.75 kWh |
| Charging Time | 2-3 hours |
| Range | 120 kilometres |
| Highest Speed | 55 Kmph |
| Price | Rs 69.783 |
Okinawa Autotech is a relatively young company, having launched only in 2015, but their electric scooters are already making waves in the market with their visionary design and attractive prices.
The Bounce Infinity E1 is the last on our list of top electric scooters below 1 Lakh. Bounce, a Bangalore-based bike rental startup, launched the bounce Infinity E1 last year and began deliveries in April 2022. The company also plans to open a second manufacturing unit in south India with an annual capacity of 5,00,000 units.
What makes Bounce the most interesting electric scooter on this list is its unique ‘Battery as a Service’ or BaaS option. They are the first electric scooter manufacturer in the country to offer BaaS. This option allows you can buy the electric scooter for a nominal price of Rs 45,099 without the battery and the charger and instead take a monthly subscription plan. This is an economical alternative as it reduces the initial payment amount substantially.
Below are the specifications of the Bounce Infinity E1
| Battery Capacity | 1.9 kWh |
| Charging Time | 4-5 hours |
| Range | 85 Kilometres |
| Highest Speed | 65 Kmph |
| Price | Rs 69.999 |
This electric scooter below 1 Lakh has a minimalist design with attractive colour options for you to choose from.
Best Electric Scooters under 1 Lakh
| S.No | Electric Scooter | Price (INR) |
| Ola S1 | Rs 97,706 | |
| TVS iQube Electric | Rs 92,989 | |
| Hero Electric Photon | Rs 80,940 | |
| Okinawa Ridge Plus | Rs 69,783 | |
| Bounce Infinity E1 | Rs 69,999 |
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