A two-speed transmission for transmitting a drive torque of a vehicle, having an input shaft drivable by a drive unit, a planetary gear system with sun gear, planet gears, planet carriers and ring gear and an output shaft, the sun gear having a rotationally fixed connection to the input shaft and the planet carrier having a rotationally fixed connection to the output shaft, and having a regulatable clutch system whereby the planet carrier can be fixed either relative to the input shaft or relative to the ring gear, and having an exclusively engageable and disengageable clutch system whereby the ring gear can be fixed relative to a housing that supports the planetary gear system.