China’s Dao EV Tech to produce 2Ws in India, plans export to US, Europe

The Chinese EV maker, formed by a group of investors from China, India and USA, opened bookings for its electric scooters in India on Thursday. Deliveries are scheduled for mid-January. After subsidies the scooter will cost INR 86,000 . The company plans to make India an export base and it will launch at least two new models every year, the company said.

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