Ather Energy 450X vs Honda Shine 125
Prices ex-showroom Delhi, checked 2026-09. On-road and running costs estimated for Delhi.
Ather Energy 450X and Honda Shine 125 are from different segments and turn up together on most shortlists. The 450X costs ₹58,000 more than the Shine 125, so the question is whether what it adds is worth roughly 71% extra.
The Shine 125 takes 3 of the 5 categories we score, so this is close and comes down to what you weight. Our overall ratings are 8/10 for the 450X and 7.5/10 for the Shine 125.
Category by category
Price
Shine 125
The Shine 125 starts ₹58,000 lower (₹82,000 against ₹1,40,000), about ₹1,840 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
Shine 125
Shine 125 has the better power-to-weight ratio: 94 against 77 bhp per tonne. It will feel quicker with a pillion and on overtakes.
Safety kit
Shine 125
Shine 125 adds combi-brake (cbs) 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.
Which one should you buy?
Buy the 450X if
- your priority is ride quality over range
- your priority is premium buyers
Buy the Shine 125 if
- you want the lower purchase price and EMI
- you ride two-up or on highways and want the stronger engine
- you live where Honda's bigger service network matters
- your priority is refined daily commuting
What each really costs
Base variants, Delhi, 30 km a day. Servicing and insurance are class-typical estimates.
| Cost | 450X | Shine 125 |
|---|---|---|
| Ex-showroom | ₹1,40,000 | ₹82,000 |
| On-road, Delhi | ₹1,46,900 | ₹95,000 |
| Energy, 5 years | ₹10,390 | ₹82,160 |
| Servicing, 5 years | ₹10,000 | ₹17,500 |
| Insurance renewals | ₹7,052 | ₹4,560 |
| Five-year total | ₹1,74,342 | ₹1,99,220 |
Full specification comparison
Better figure in each row is shown in green.
| Spec | Ather Energy450X | HondaShine 125 |
|---|---|---|
| Price | ||
| Starting ex-showroom | ₹1,40,000 | ₹82,000 |
| Rough EMI / month | ₹4,440 | ₹2,600 |
| Engine | ||
| Engine | — | 123.9 cc |
| Engine type | — | Single-cylinder, 4-stroke, air-cooled, OHC 2-valve, PGM-FI |
| Power | — | 10.6 bhp |
| Torque | — | 11 Nm |
| Claimed mileage | — | 55 kmpl |
| Cooling | — | Air-cooled |
| Transmission | Belt drive, PMSM motor | 5-speed |
| Starter | — | Self start only |
| 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 | — |
| Dimensions | ||
| Kerb weight | 111 kg | 113 kg |
| Fuel tank | — | 10.5 L |
| Seat height | 780 mm | 791 mm |
| Ground clearance | 170 mm | 162 mm |
| Wheelbase | 1296 mm | 1285 mm |
| Under-seat storage | 22 L | — |
| Brakes & suspension | ||
| Front brake | Disc | 240 mm disc / 130 mm drum |
| Rear brake | Disc | 130 mm drum |
| ABS / CBS | CBS with regen | CBS |
| Front suspension | Telescopic | Telescopic |
| Rear suspension | Monoshock | Twin hydraulic shocks, 5-step adjustable |
| Tyres | ||
| Front tyre | 90/90-12 | 80/100-18 |
| Rear tyre | 90/90-12 | 80/100-18 |
450X vs Shine 125: questions people ask
- Which is cheaper, the 450X or the Shine 125?
- The Shine 125 is cheaper by ₹58,000 at the base variant (₹82,000 against ₹1,40,000 ex-showroom Delhi).
- What is the on-road price difference between the 450X and Shine 125 in Delhi?
- About ₹51,900: roughly ₹1,46,900 for the 450X and ₹95,000 for the Shine 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 ₹1,99,220 for the Shine 125, including purchase, energy, servicing and insurance renewals. The 450X comes out ₹24,878 ahead.





