Regenerative braking performance of an electrically powered vehicle is closely related to driving distance per battery charge. An electric vehicle uses appropriate amounts of mechanical braking force and electromagnetic regenerative braking force to recover energy and increase driving efficiency. In particular, when it drives on a downhill road, energy recovery rate is maximized through regenerative braking during coasting based on the mass inertia of the vehicle. Since an electric two-wheeled vehicle covered in this paper is lighter than an electric four-wheeled vehicle, the improvement of its driving distance per battery charge through regenerative braking is different from an electric four-wheeled vehicle. This study compared the driving characteristics of an electric two-wheeled vehicle based on regenerative braking. Two driving test modes were simulated with a chassis dynamometer system. By analyzing the measurement of a chassis dynamometer, the driving characteristics of a two-wheel electric vehicle, such as driving efficiency, were analyzed. In addition, test results were reviewed to draw the limitations of conventional test methods for regenerative braking performance of an electric two-wheel vehicle.