Ather Energy 450X vs Yamaha Ray ZR 125
Prices ex-showroom Delhi, checked 2026-09. On-road and running costs estimated for Delhi.
Ather Energy 450X and Yamaha Ray ZR 125 are from different segments and turn up together on most shortlists. The 450X costs ₹58,180 more than the Ray ZR 125, so the question is whether what it adds is worth roughly 71% extra.
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 Ray ZR 125.
Category by category
Price
Ray ZR 125
The Ray ZR 125 starts ₹58,180 lower (₹81,820 against ₹1,40,000), about ₹1,850 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
Ray ZR 125
Ray ZR 125 has the better power-to-weight ratio: 81 against 77 bhp per tonne. It will feel quicker with a pillion and on overtakes.
Safety kit
450X
450X adds front disc brake and rear disc brake that the Ray ZR 125 does not have on any variant.
Features
450X
450X gets regenerative braking, companion app, over-the-air updates and hill hold and 4 more items.
City manners
Ray ZR 125
Ray ZR 125 is 12 kg lighter and taller in the seat (785 mm), which you feel in traffic and when parking.
Warranty
450X
450X comes with 3 years of standard warranty against 2 on the Ray ZR 125.
Which one should you buy?
Buy the 450X if
- a longer standard warranty gives you peace of mind
- your priority is ride quality over range
- your priority is premium buyers
Buy the Ray ZR 125 if
- you want the lower purchase price and EMI
- you ride two-up or on highways and want the stronger engine
- you are a new rider or shorter and want the lighter bike
- you live where Yamaha's bigger service network matters
What each really costs
Base variants, Delhi, 30 km a day. Servicing and insurance are class-typical estimates.
| Cost | 450X | Ray ZR 125 |
|---|---|---|
| Ex-showroom | ₹1,40,000 | ₹81,820 |
| On-road, Delhi | ₹1,46,900 | ₹94,800 |
| Energy, 5 years | ₹10,390 | ₹92,430 |
| Servicing, 5 years | ₹10,000 | ₹17,500 |
| Insurance renewals | ₹7,052 | ₹4,552 |
| Five-year total | ₹1,74,342 | ₹2,09,282 |
Full specification comparison
Better figure in each row is shown in green.
| Spec | Ather Energy450X | YamahaRay ZR 125 |
|---|---|---|
| Price | ||
| Starting ex-showroom | ₹1,40,000 | ₹81,820 |
| Rough EMI / month | ₹4,440 | ₹2,590 |
| Engine | ||
| Engine | — | 125 cc |
| Engine type | — | 1 Cylinder, Air Cooled, 2 Valves |
| Power | — | 8.0 bhp |
| Torque | — | 10.3 Nm |
| Claimed mileage | — | 49 kmpl |
| Cooling | — | Air-cooled |
| Transmission | Belt drive, PMSM motor | V belt automatic automatic |
| Electric | ||
| Peak motor power | 6.4 kW | — |
| Battery | 3.7 kWh | — |
| Claimed range | 161 km | — |
| Charging time | 5.5 hrs | — |
| Top speed | 90 km/h | 90 km/h |
| Dimensions | ||
| Kerb weight | 111 kg | 99 kg |
| Fuel tank | — | 5.2 L |
| Seat height | 780 mm | 785 mm |
| Ground clearance | 170 mm | 145 mm |
| Wheelbase | 1296 mm | 1280 mm |
| Length | — | 1880 mm |
| Width | — | 685 mm |
| Height | — | 1190 mm |
| Under-seat storage | 22 L | — |
| Brakes & suspension | ||
| Front brake | Disc | Drum, 130 mm |
| Rear brake | Disc | Drum, 120 mm |
| ABS / CBS | CBS with regen | UBS |
| Front suspension | Telescopic | Telescopic fork |
| Rear suspension | Monoshock | Unit swing |
| Tyres | ||
| Front tyre | 90/90-12 | 90/90-12 |
| Rear tyre | 90/90-12 | 110/90-10 |
450X vs Ray ZR 125: questions people ask
- Which is cheaper, the 450X or the Ray ZR 125?
- The Ray ZR 125 is cheaper by ₹58,180 at the base variant (₹81,820 against ₹1,40,000 ex-showroom Delhi).
- What is the on-road price difference between the 450X and Ray ZR 125 in Delhi?
- About ₹52,100: roughly ₹1,46,900 for the 450X and ₹94,800 for the Ray ZR 125, 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 ₹2,09,282 for the Ray ZR 125, including purchase, energy, servicing and insurance renewals. The 450X comes out ₹34,940 ahead.
