Traditional Class-E circuit features fewer components, high reliability, and soft switching. However, due to the unidirectional excitation, the application of such a topology circuit is limited, i.e., usually used in low-power applications. To relieve this issue, this article proposes a switched-capacitor-based Class-E circuit, to extend the operating power range of the Class-E circuit. With the proposed new circuit, both constant current (CC) and constant voltage (CV) output modes can be achieved by switching the branch once without changing the switching frequency or compensation network. Compared with the existing CC and CV charging strategies, the proposed circuit has the advantages of fewer components, simpler implementation, and higher reliability. Moreover, the studied compensation network can also be extended to other inverter topologies. The working principle of the proposed circuit is described in detail, and the variable zero-voltage switching (ZVS) margin is introduced to make an accurate design of parameters. Subsequently, the influence of high-order harmonic components on the circuit and the sensitivity of parameters are analyzed. Finally, the proposed circuit is simulated and experimented on a 180–450-W prototype with CC and CV characteristics to verify the feasibility of the circuit and the accuracy of theoretical analysis.