Yes. That's the drawback of the battery life. Once it's down in charge & discharge cycles for new battery you have to pay ₹21k each. TVS uses 3 battery. How it's better than petrol model?. It's about all electric vehicle not just TVS.
The main difference is iQube comes with 5 inch TFT display, and iQube S comes with 7 inch TFT display, the colour variants are different for these two models. Other things such as the engine, charging time, storage capacity remains the same between the two models. Price of iQube S is slightly higher than iQube. Hope this helps.
If you are looking for TVS showroom, please google for your nearest TVS showroom. You can also use the below link for Dealer locator www.tvsmotor.com/iqube?gclid=Cj0KCQjw7KqZBhCBARIsAI-fTKL_1DQ1aa_2aqklq9hxa5H1pyYLqrzpVUBWyLNMwju3qh_Tv94lERIaAks2EALw_wcB