Electric vehicles (EVs) have emerged to meet the need for alternative fuels. E-bikes/scooters offer several benefits over conventional bikes, like, low-maintenance costs, high efficiency, and zero emissions. Individuals who have decided to switch to a battery-powered bike or scooter may still need to learn the crucial aspects of choosing the best one.
Here is a quick guide to buy an electric bike:
– Motor Type
Chain/belt-driven and hub-mounted motors are the two technologies used to drive the wheel in an e-bike. The choice of motor depends on your preference of the e-bike.. Chain-driven electric bikes are considered good for top speed, performance, and acceleration. Chain/belt-driven motors can increase bike costs. It is easy to finance these e-bikes with lenders offering affordable bike loan interest rates.
– Type and Life of Battery
Batteries contain a variety of chemicals that are needed to power an electric two-wheeler. In India, most manufacturers use LA (Lead Acid) and LI (Lithium-ION) battery technologies. While comparing, EVs powered by LI batteries can perform better than LA batteries in most aspects. The use of an LI battery can increase the price of an e-bike. If a buyer’s budget allows, the LI-based vehicle will be a good choice.
– Build Quality and Seating Comfort
The materials used by manufacturers of electric two-wheeler vehicles are similar to conventional two-wheelers. Customers should check the seat comfort and material used in an electric bike for build quality. Reputed lenders can assist e-bike buyers with their motorcycle loans.
– Safety Features
Safety features are another important aspect that must be considered before buying an e-bike. One must compare the safety features offered by the manufacturers of electric vehicles. Today, e-bikes are inbuilt with advanced features like GPS, anti-theft alarms, rigid locking system, internet connectivity etc. These are some of the security features that must be considered.
– Pricing
Companies are developing solutions to make two-wheelers more affordable for consumers. One should look at low to mid-price ranges as per the budget. Customers can find good bikes at Rs. 70,000-1,00000. One looking for an advanced e-bike can apply for motorcycle loans to get adequate money to buy an advanced e-bike. Consumers looking for a decent e-bike may consider applying for a two-wheeler loan from a reputed financial institution.
– Warranty and Guaranty
Companies offer different warranties for motors and batteries of different electric two-wheelers. It can vary between two to four years. Compare the warranty and guarantee and read the terms and conditions of warranty carefully before deciding on a vehicle. Companies can only offer a warranty of up to three years on electric vehicle parts. E-bike buyers can get up to 100% finance with a motorcycle loan available with low bike loan interest rates, depending on their financial profile.
– Customer Support
Customers need to ensure service quality. Some companies are good with 24×7 Quality customer support. It is crucial to research and know which manufacturer has a wide network of support and service centres. It helps customers to get timely necessary repair and maintenance services for an e-bike/scooter.
– Brand and Services
Since the electric mobility sector is getting traction in India, many new startups are jumping into the markets to provide electric vehicles. Still, every startup may need more funding to manage its services properly. Therefore, customers need to check the business background of the startup before finalising their bikes or scooters.
This buying guide can help first-time buyers to choose the best electric two-wheeler. It is good to consider the financier with the best bike loan interest rate following a paperless application process for the convenience of customers.
