The Motovolt Urbn E-bike has just been launched for Rs 49,999 (ex-showroom)

This low-speed e-moped weighs only 40kg, and can carry a payload of 120kg

It gets a removable battery with a charging time of four hours

While it accelerates from 0-25kmph in under 10 seconds and also has pedal assist

The Urbn e-bike gets a telescopic fork and dual shock absorbers, along with disc brakes at both ends

It also gets a LCD digital console, along with smartphone connectivity

Available in four funky colours

Bookings have begun on the company's website, and in over 100 retail stores