Switched reluctance motors (SRMs) face challenges in achieving high performances in terms of the power factor, torque per ampere, and torque ripples. Although several parameters impact their performance, magnetic saliency has a significant impact. This paper presents a study on the influence of the saliency ratio on the performance of switched reluctance motors. A detailed design procedure for a mid-drive electric motor for a high-performance electric bike is presented. A systematic methodology is adopted to estimate the power rating for desired vehicle performance while considering the vehicle’s mechanical and aerodynamic parameters. Additionally, the paper discusses and analyzes the design of two SRM motor configurations with different rotor poles (6/4 and 6/10) while performing magnetostatic analysis for generated torque validation. A parametric study is performed on the 6/10 SRM design for further improvement in the torque profile while keeping the same fill factor and electrical loading. Furthermore, the transient analysis in Ansys Maxwell 2D for both SRMs confirms the designed performance. The results shows that the SRM with higher rotor poles (6/10) is a better choice.