An excellent pick for budget-conscious buyers, the Optima CX 2.0 offers decent range and comfort, with an ultra-light build and easy maintenance.

Vida V2

Backed by Hero MotoCorp, the Vida V2 delivers balanced performance and tech appeal with a removable battery and customizable ride modes.

Komaki XGT KM

The most affordable option on the list, Komaki XGT KM offers essential features for local commuting, with safety add-ons like an anti-theft alarm.

Additional Features of Electric Scooters Under ₹1 Lakh

Electric scooters in the sub-₹1 lakh budget segment have evolved to offer more than just basic mobility. Many now include features typically found in premium models, enhancing safety, convenience, and the rider’s experience. Some of these include:

• Digital Instrument Clusters: Most scooters feature fully digital displays that show speed, range, battery status, trip meters, and sometimes smartphone notifications.

• Smartphone Connectivity: Dedicated mobile apps allow users to access navigation, geo-fencing, ride history, and remote diagnostics.

• Regenerative Braking: Helps improve battery efficiency by converting kinetic energy into electric charge during braking.

• Removable Batteries: Increases convenience, especially for users without access to home charging points—simply remove the battery and charge indoors.

• Anti-Theft Features: GPS tracking, central locking, and alarm systems are increasingly common in this price range.

• LED Lighting: Full LED headlamps, tail lamps, and indicators enhance visibility and give the scooter a modern aesthetic.

Suggested Read: Best Electric Scooters Under ₹50,000

Loan Providers for Electric Scooters under ₹1 Lakh

Electric scooter ownership is now more accessible thanks to competitive EV loan offerings from major Indian banks. These financing solutions help ease the upfront cost, allowing buyers to spread payments over manageable EMIs. 

Here’s the table of the current interest rates available from key lenders:

Disclaimer: Interest rates are indicative and may vary based on individual credit profiles and bank policies.

Why Choose an Electric Scooters Under 1 Lakh?

Electric scooters priced under ₹1 lakh strike a smart balance between affordability, efficiency, and functionality, making them ideal for modern urban mobility.

• Cost-Effective Mobility: With lower running costs and minimal maintenance, electric scooters are more economical than petrol-powered alternatives, costing as little as ₹0.30 per km.

• Eco-Friendly Transportation: These scooters produce zero emissions, helping reduce air pollution and supporting cleaner, more sustainable urban living.

• Government Incentives: Buyers can benefit from central FAME-II subsidies and state-specific incentives, making many models more affordable than their listed price.

• Ideal for Urban Commuting: Compact, lightweight, and easy to handle in traffic, electric scooters under ₹1 lakh are perfectly suited for daily short-distance city travel.

Suggested Read: Best Electric Scooters That Don’t Need a Driving Licence

Government Subsidies & Incentives on EVs

A subsidy on electric scooters and bikes refers to a financial incentive provided by the government to encourage the adoption of electric vehicles (EVs). This support typically reduces the upfront purchase cost, making EVs more affordable for consumers.

Here’s a breakdown of the key subsidy sources:

1. ⇒ Central Government (FAME-II Scheme): The Indian government offers subsidies through the FAME-II (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) scheme. This subsidy is calculated based on the battery capacity (₹15,000 per kWh up to a certain limit).
2. ⇒ State-Level Incentives: In addition to FAME-II, various states (like Delhi, Maharashtra, Gujarat, Tamil Nadu) offer additional subsidies, waivers on registration fees, road tax exemptions, or direct cash benefits to buyers of electric two-wheelers.

Conclusion

Electric scooters under ₹1 lakh in India present an excellent opportunity for consumers to transition to eco-friendly and cost-effective mobility solutions. With a variety of models offering diverse features, ranges, and performance metrics, buyers can select a scooter that best aligns with their commuting needs and budget.

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Frequently Asked Questions

What is the best electric scooter you can buy under ₹1 lakh?
The Ola S1 X and TVS iQube are among the top-rated electric scooters under ₹1 lakh, offering excellent range, features, and performance for daily city use.

Are there any electric bikes available under ₹1 lakh?
Yes, electric bikes like the Komaki Ranger and Tork Kratos R (base variant) occasionally come close to the ₹1 lakh mark with state subsidies, but most electric “bikes” (with a motorcycle body style) are slightly above this range.

Which are the most popular scooters under ₹1 lakh in India?
Popular scooters in this bracket include the Hero Electric Optima CX, Vida V2, and Komaki XGT KM, all known for decent performance and affordability.

What’s the best electric scooter under ₹1.5 lakh?
Top contenders under ₹1.5 lakh include the Ather 450S, Ola S1 Air, and TVS iQube ST, which offer premium features like smart displays, app support, and higher range.

Are there electric motorcycles under ₹1.5 lakh in India?
Yes, options like the Tork Kratos R (base) and Oben Rorr are electric motorcycles priced close to or slightly under ₹1.5 lakh after applying subsidies.

Which electric scooter is considered the best in India overall?
The Ather 450X and Ola S1 Pro consistently rank among the best for their performance, tech features, and reliability, though they cost more than ₹1 lakh.

Ola vs Ather – which EV scooter is better?
Ather is known for build quality and premium tech, while Ola offers more range and aggressive pricing. The choice depends on your preference for stability (Ather) or innovation and value (Ola).

Is it worth buying an electric scooter in India now?
Yes, with rising fuel prices, government subsidies, and lower maintenance costs, electric scooters offer long-term savings and are ideal for daily city commuting.

Which brand makes the most reliable electric scooters?
TVS, Ather, Ola, and Hero Electric are among the most trusted brands in India, known for solid after-sales service and nationwide availability.

What is the cheapest electric scooter available in India?
The Komaki XGT KM and some variants of Ampere and Bounce Infinity scooters start under ₹60,000, making them the most affordable options in the market.

How do I select the right electric scooter for my needs?
Consider factors like range, charging time, battery type, top speed, brand support, and whether it requires registration (speed above 25 km/h) before choosing.

Is the electric version of Honda Activa available or recommended?
As of now, Honda Activa Electric hasn’t launched in India. However, it’s expected soon. Until then, alternatives like TVS iQube or Ola S1 serve as excellent substitutes in terms of utility and value.