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Ferrato FEV 650 vs Yamaha R15 V4

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

Ferrato FEV 650 and Yamaha R15 V4 are from different segments and turn up together on most shortlists. The FEV 650 undercuts the R15 V4 by ₹15,693, a gap big enough to notice on the EMI but not to decide the argument on its own.

The FEV 650 takes 4 of the 7 categories we score, so this is close and comes down to what you weight. Our overall ratings are 6/10 for the FEV 650 and 7.5/10 for the R15 V4.

Category by category

  • Price

    FEV 650

    The FEV 650 starts ₹15,693 lower (₹1,59,999 against ₹1,75,692), about ₹500 a month less on a standard loan.

  • Running cost

    FEV 650

    The FEV 650 is electric and costs a fraction per kilometre to run, though its purchase price and battery replacement risk need weighing against that.

  • Performance

    R15 V4

    R15 V4 has the better power-to-weight ratio: 128 against 53 bhp per tonne. It will feel quicker with a pillion and on overtakes.

  • Safety kit

    R15 V4

    R15 V4 adds dual-channel abs and traction control that the FEV 650 does not have on any variant.

  • Features

    FEV 650

    FEV 650 gets turn-by-turn navigation, usb charging port, keyless start and regenerative braking and 4 more items.

  • City manners

    R15 V4

    R15 V4 is 23 kg lighter and taller in the seat (815 mm), which you feel in traffic and when parking.

  • Warranty

    FEV 650

    FEV 650 comes with 3 years of standard warranty against 2 on the R15 V4.

Which one should you buy?

Buy the FEV 650 if

  • you want the lower purchase price and EMI
  • a longer standard warranty gives you peace of mind
  • your priority is daily commuting without petrol
  • your priority is riders who want a bike, not a scooter
Read the FEV 650 review

Buy the R15 V4 if

  • you ride two-up or on highways and want the stronger engine
  • dual-channel ABS is non-negotiable for you
  • you are a new rider or shorter and want the lighter bike
  • you live where Yamaha's bigger service network matters
Read the R15 V4 review

What each really costs

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

CostFEV 650R15 V4
Ex-showroom₹1,59,999₹1,75,692
On-road, Delhi₹1,63,747₹2,04,939
Energy, 5 years₹13,375₹97,510
Servicing, 5 years₹10,000₹30,000
Insurance renewals₹7,860₹9,836
Five-year total₹1,94,982₹3,42,285

Full specification comparison

Better figure in each row is shown in green.

SpecFerratoFEV 650YamahaR15 V4
Price
Starting ex-showroom₹1,59,999₹1,75,692
Rough EMI / month₹5,070₹5,570
Engine
Engine155 cc
Engine type1 Cylinder, Liquid Cooled, 4 Valves
Power18.1 bhp
Torque233 Nm14.2 Nm
Claimed mileage46 kmpl
CoolingLiquid-cooled
TransmissionAutomatic6 Speed
Electric
Peak motor power6.5 kW
Battery4.4 kWh
Claimed range198 km
Charging time5 hrs
Top speed95 km/h140 km/h
Dimensions
Kerb weight164 kg141 kg
Fuel tank11 L
Seat height700 mm815 mm
Ground clearance170 mm
Wheelbase1405 mm1325 mm
Length2065 mm1990 mm
Width695 mm725 mm
Height1065 mm1135 mm
Brakes & suspension
Front brakeDisc, 240 mm, 2 piston caliperDisc, 282 mm, 2 piston caliper
Rear brakeDisc, 240 mm, 1 piston caliperDisc, 220 mm, 1 piston caliper
ABS / CBSCBSDual Channel ABS
Front suspensionTelescopic SuspensionUpside Down Front Forks
Rear suspensionMono Shock SuspensionLinked-Type Monocross Suspension
Tyres
Front tyre110/70-R17100/80-17
Rear tyre130/70-R17140/70-R17

FEV 650 vs R15 V4: questions people ask

Which is cheaper, the FEV 650 or the R15 V4?
The FEV 650 is cheaper by ₹15,693 at the base variant (₹1,59,999 against ₹1,75,692 ex-showroom Delhi).
What is the on-road price difference between the FEV 650 and R15 V4 in Delhi?
About ₹41,192: roughly ₹1,63,747 for the FEV 650 and ₹2,04,939 for the R15 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 ₹1,94,982 for the FEV 650 and ₹3,42,285 for the R15 V4, including purchase, energy, servicing and insurance renewals. The FEV 650 comes out ₹1,47,303 ahead.

Read the full reviews

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