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Ather Energy 450X vs Yamaha FZS V4

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

Ather Energy 450X and Yamaha FZS V4 are from different segments and turn up together on most shortlists. The FZS V4 undercuts the 450X by ₹19,598, 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 7/10 for the FZS V4.

Category by category

  • Price

    FZS V4

    The FZS V4 starts ₹19,598 lower (₹1,20,402 against ₹1,40,000), about ₹620 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

    FZS V4

    FZS V4 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

    FZS V4

    FZS V4 adds single-channel abs, tubeless tyres and traction control 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 25 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 FZS V4.

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 FZS V4 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-conscious commuters
Read the FZS V4 review

What each really costs

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

Cost450XFZS V4
Ex-showroom₹1,40,000₹1,20,402
On-road, Delhi₹1,46,900₹1,37,200
Energy, 5 years₹10,390₹89,630
Servicing, 5 years₹10,000₹30,000
Insurance renewals₹7,052₹6,584
Five-year total₹1,74,342₹2,63,414

Full specification comparison

Better figure in each row is shown in green.

SpecAther Energy450XYamahaFZS V4
Price
Starting ex-showroom₹1,40,000₹1,20,402
Rough EMI / month₹4,440₹3,820
Engine
Engine149 cc
Engine type1 Cylinder, Air Cooled, 2 Valves
Power12.2 bhp
Torque13.3 Nm
Claimed mileage60 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 kg136 kg
Fuel tank13 L
Seat height780 mm790 mm
Ground clearance170 mm165 mm
Wheelbase1296 mm1330 mm
Length2000 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 FZS V4: questions people ask

Which is cheaper, the 450X or the FZS V4?
The FZS V4 is cheaper by ₹19,598 at the base variant (₹1,20,402 against ₹1,40,000 ex-showroom Delhi).
What is the on-road price difference between the 450X and FZS V4 in Delhi?
About ₹9,700: roughly ₹1,46,900 for the 450X and ₹1,37,200 for the FZS V4, 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 ₹2,63,414 for the FZS V4, including purchase, energy, servicing and insurance renewals. The 450X comes out ₹89,072 ahead.

Read the full reviews

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