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Ather Energy 450X vs Yamaha FZ V3

Prices ex-showroom Delhi, checked 2026-09. On-road and running costs estimated for Delhi.

Ather Energy 450X and Yamaha FZ V3 are from different segments and turn up together on most shortlists. The FZ V3 undercuts the 450X by ₹23,642, a gap big enough to notice on the EMI but not to decide the argument on its own.

The 450X takes 4 of the 7 categories we score, so this is close and comes down to what you weight. Our overall ratings are 8/10 for the 450X and 6.5/10 for the FZ V3.

Category by category

  • Price

    FZ V3

    The FZ V3 starts ₹23,642 lower (₹1,16,358 against ₹1,40,000), about ₹750 a month less on a standard loan.

  • Running cost

    450X

    The 450X is electric and costs a fraction per kilometre to run, though its purchase price and battery replacement risk need weighing against that.

  • Performance

    FZ V3

    FZ V3 has the better power-to-weight ratio: 90 against 77 bhp per tonne. It will feel quicker with a pillion and on overtakes.

  • Safety kit

    FZ V3

    FZ V3 adds single-channel abs and tubeless tyres that the 450X does not have on any variant.

  • Features

    450X

    450X gets regenerative braking, companion app, over-the-air updates and hill hold and 5 more items.

  • City manners

    450X

    450X is 24 kg lighter and lower in the seat (780 mm), which you feel in traffic and when parking.

  • Warranty

    450X

    450X comes with 3 years of standard warranty against 2 on the FZ V3.

Which one should you buy?

Buy the 450X if

  • you are a new rider or shorter and want the lighter bike
  • a longer standard warranty gives you peace of mind
  • your priority is ride quality over range
  • your priority is premium buyers
Read the 450X review

Buy the FZ V3 if

  • you want the lower purchase price and EMI
  • you ride two-up or on highways and want the stronger engine
  • you live where Yamaha's bigger service network matters
  • your priority is budget-first fz buyers
Read the FZ V3 review

What each really costs

Base variants, Delhi, 30 km a day. Servicing and insurance are class-typical estimates.

Cost450XFZ V3
Ex-showroom₹1,40,000₹1,16,358
On-road, Delhi₹1,46,900₹1,32,700
Energy, 5 years₹10,390₹97,510
Servicing, 5 years₹10,000₹30,000
Insurance renewals₹7,052₹6,368
Five-year total₹1,74,342₹2,66,578

Full specification comparison

Better figure in each row is shown in green.

SpecAther Energy450XYamahaFZ V3
Price
Starting ex-showroom₹1,40,000₹1,16,358
Rough EMI / month₹4,440₹3,690
Engine
Engine149 cc
Engine type1 Cylinder, Air Cooled, 2 Valves
Power12.2 bhp
Torque13.3 Nm
Claimed mileage46 kmpl
CoolingAir-cooled
TransmissionBelt drive, PMSM motor5 Speed
Electric
Peak motor power6.4 kW
Battery3.7 kWh
Claimed range161 km
Charging time5.5 hrs
Top speed90 km/h115 km/h
Dimensions
Kerb weight111 kg135 kg
Fuel tank13 L
Seat height780 mm790 mm
Ground clearance170 mm165 mm
Wheelbase1296 mm1330 mm
Length1990 mm
Width780 mm
Height1080 mm
Under-seat storage22 L
Brakes & suspension
Front brakeDiscDisc, 282 mm, 2 piston caliper
Rear brakeDiscDisc, 220 mm, 1 piston caliper
ABS / CBSCBS with regenSingle Channel ABS
Front suspensionTelescopicTelescopic Fork
Rear suspensionMonoshock7-Step Adjustable Monocross Suspension
Tyres
Front tyre90/90-12100/80-17
Rear tyre90/90-12140/60-R17

450X vs FZ V3: questions people ask

Which is cheaper, the 450X or the FZ V3?
The FZ V3 is cheaper by ₹23,642 at the base variant (₹1,16,358 against ₹1,40,000 ex-showroom Delhi).
What is the on-road price difference between the 450X and FZ V3 in Delhi?
About ₹14,200: roughly ₹1,46,900 for the 450X and ₹1,32,700 for the FZ V3, base variants, including road tax, registration and insurance.
Which costs less to own over five years?
Our estimate for five years at 30 km a day in Delhi is ₹1,74,342 for the 450X and ₹2,66,578 for the FZ V3, including purchase, energy, servicing and insurance renewals. The 450X comes out ₹92,236 ahead.

Read the full reviews

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