Yamaha Ray ZR 125 vs Ola Electric S1 Z
Prices ex-showroom Delhi, checked 2026-09. On-road and running costs estimated for Delhi.
Yamaha Ray ZR 125 and Ola Electric S1 Z are from different segments and turn up together on most shortlists. They are priced within ₹1,821 of each other, so this comes down to what each does with the money.
The S1 Z takes 5 of the 7 categories we score. Our overall ratings are 6.5/10 for the Ray ZR 125 and 6.5/10 for the S1 Z.
Category by category
Price
S1 Z
The S1 Z starts ₹1,821 lower (₹79,999 against ₹81,820), about ₹50 a month less on a standard loan.
Running cost
S1 Z
The S1 Z 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 44 bhp per tonne. It will feel quicker with a pillion and on overtakes.
Safety kit
S1 Z
S1 Z adds combi-brake (cbs) that the Ray ZR 125 does not have on any variant.
Features
S1 Z
S1 Z gets rear monoshock, led tail lamp, turn-by-turn navigation and ride modes and 2 more items.
City manners
Ray ZR 125
Ray ZR 125 is 24.200000000000003 kg lighter and lower in the seat (785 mm), which you feel in traffic and when parking.
Warranty
S1 Z
S1 Z comes with 3 years of standard warranty against 2 on the Ray ZR 125.
Which one should you buy?
Buy the Ray ZR 125 if
- you ride two-up or on highways and want the stronger engine
- you are a new rider or shorter and want the lighter bike
- your priority is first scooter
- your priority is city commuting
Buy the S1 Z if
- you want the lower purchase price and EMI
- a longer standard warranty gives you peace of mind
- you live where Ola Electric's bigger service network matters
- your priority is first scooter
What each really costs
Base variants, Delhi, 30 km a day. Servicing and insurance are class-typical estimates.
| Cost | Ray ZR 125 | S1 Z |
|---|---|---|
| Ex-showroom | ₹81,820 | ₹79,999 |
| On-road, Delhi | ₹94,800 | ₹85,800 |
| Energy, 5 years | ₹92,430 | ₹6,685 |
| Servicing, 5 years | ₹17,500 | ₹10,000 |
| Insurance renewals | ₹4,552 | ₹4,120 |
| Five-year total | ₹2,09,282 | ₹1,06,605 |
Full specification comparison
Better figure in each row is shown in green.
| Spec | YamahaRay ZR 125 | Ola ElectricS1 Z |
|---|---|---|
| Price | ||
| Starting ex-showroom | ₹81,820 | ₹79,999 |
| Rough EMI / month | ₹2,590 | ₹2,540 |
| 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 | V belt automatic automatic | Automatic |
| Electric | ||
| Peak motor power | — | 4 kW |
| Battery | — | 3.1 kWh |
| Claimed range | — | 179 km |
| Top speed | 90 km/h | 70 km/h |
| Dimensions | ||
| Kerb weight | 99 kg | 123.2 kg |
| Fuel tank | 5.2 L | — |
| Seat height | 785 mm | 791 mm |
| Ground clearance | 145 mm | 160 mm |
| Wheelbase | 1280 mm | 1359 mm |
| Length | 1880 mm | 1900 mm |
| Width | 685 mm | 820 mm |
| Height | 1190 mm | 1272 mm |
| Brakes & suspension | ||
| Front brake | Drum, 130 mm | — |
| Rear brake | Drum, 120 mm | — |
| ABS / CBS | UBS | CBS |
| Front suspension | Telescopic fork | Twin Telescopic |
| Rear suspension | Unit swing | Mono Shock |
| Tyres | ||
| Front tyre | 90/90-12 | 90/90-R12 |
| Rear tyre | 110/90-10 | 90/90-R12 |
Ray ZR 125 vs S1 Z: questions people ask
- Which is cheaper, the Ray ZR 125 or the S1 Z?
- The S1 Z is cheaper by ₹1,821 at the base variant (₹79,999 against ₹81,820 ex-showroom Delhi).
- What is the on-road price difference between the Ray ZR 125 and S1 Z in Delhi?
- About ₹9,000: roughly ₹94,800 for the Ray ZR 125 and ₹85,800 for the S1 Z, 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 ₹2,09,282 for the Ray ZR 125 and ₹1,06,605 for the S1 Z, including purchase, energy, servicing and insurance renewals. The S1 Z comes out ₹1,02,677 ahead.





