Ather Energy 450X vs Honda SP 125
Prices ex-showroom Delhi, checked 2026-09. On-road and running costs estimated for Delhi.
Ather Energy 450X and Honda SP 125 are from different segments and turn up together on most shortlists. The 450X costs ₹49,364 more than the SP 125, so the question is whether what it adds is worth roughly 54% extra.
The 450X takes 3 of the 6 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 SP 125.
Category by category
Price
SP 125
The SP 125 starts ₹49,364 lower (₹90,636 against ₹1,40,000), about ₹1,570 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
SP 125
SP 125 has the better power-to-weight ratio: 92 against 77 bhp per tonne. It will feel quicker with a pillion and on overtakes.
Safety kit
Tie
Braking and safety equipment are matched.
Features
450X
450X gets regenerative braking, companion app, over-the-air updates and hill hold and 4 more items.
City manners
450X
450X is 5 kg lighter and lower in the seat (780 mm), which you feel in traffic and when parking.
Which one should you buy?
Buy the 450X if
- your priority is ride quality over range
- your priority is premium buyers
Buy the SP 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 daily commuting
What each really costs
Base variants, Delhi, 30 km a day. Servicing and insurance are class-typical estimates.
| Cost | 450X | SP 125 |
|---|---|---|
| Ex-showroom | ₹1,40,000 | ₹90,636 |
| On-road, Delhi | ₹1,46,900 | ₹1,04,500 |
| Energy, 5 years | ₹10,390 | ₹70,985 |
| Servicing, 5 years | ₹10,000 | ₹17,500 |
| Insurance renewals | ₹7,052 | ₹5,016 |
| Five-year total | ₹1,74,342 | ₹1,98,001 |
Full specification comparison
Better figure in each row is shown in green.
| Spec | Ather Energy450X | HondaSP 125 |
|---|---|---|
| Price | ||
| Starting ex-showroom | ₹1,40,000 | ₹90,636 |
| Rough EMI / month | ₹4,440 | ₹2,870 |
| Engine | ||
| Engine | — | 123.9 cc |
| Engine type | — | 1 Cylinder, Air Cooled, 2 Valves |
| Power | — | 10.7 bhp |
| Torque | — | 10.9 Nm |
| Claimed mileage | — | 63 kmpl |
| Cooling | — | Air-cooled |
| Transmission | Belt drive, PMSM motor | 5 Speed |
| 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 | 100 km/h |
| Dimensions | ||
| Kerb weight | 111 kg | 116 kg |
| Fuel tank | — | 11 L |
| Seat height | 780 mm | 790 mm |
| Ground clearance | 170 mm | 160 mm |
| Wheelbase | 1296 mm | 1285 mm |
| Length | — | 2027 mm |
| Width | — | 785 mm |
| Height | — | 1091 mm |
| Under-seat storage | 22 L | — |
| Brakes & suspension | ||
| Front brake | Disc | Drum, 130 mm |
| Rear brake | Disc | Drum, 130 mm |
| ABS / CBS | CBS with regen | CBS |
| Front suspension | Telescopic | Telescopic |
| Rear suspension | Monoshock | Hydraulic Type |
| Tyres | ||
| Front tyre | 90/90-12 | 80/100-18 |
| Rear tyre | 90/90-12 | 100/80-18 |
450X vs SP 125: questions people ask
- Which is cheaper, the 450X or the SP 125?
- The SP 125 is cheaper by ₹49,364 at the base variant (₹90,636 against ₹1,40,000 ex-showroom Delhi).
- What is the on-road price difference between the 450X and SP 125 in Delhi?
- About ₹42,400: roughly ₹1,46,900 for the 450X and ₹1,04,500 for the SP 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 ₹1,98,001 for the SP 125, including purchase, energy, servicing and insurance renewals. The 450X comes out ₹23,659 ahead.
