A new EV at the Rs 1 lakh mark. Is it worth considering?
Published on Feb 12, 2023 07:00:00 AM
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Dao says it has 22 dealerships/service centres in India, and the company’s promise of free service for life will seem lucrative to some people, while others may prefer it for the convenience of its removable battery. However, at Rs 99,999 (ex-showroom, India, with FAME II subsidy), the Model 703 is priced very ambitiously, considering what it has to offer, and that is its Achilles heel. In Mumbai, it costs Rs 1.05 lakh, on road, and that puts it far too close to the likes of the TVS iQube.
The iQube has vastly more performance, range, features and quality – it is the better scooter in every aspect, not to mention the brand value, sales and service might of TVS. Taking all this into consideration, the Model 703 struggles to justify its price.
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