The Chinese company has just launched his new product which is Xiaomi First Electric Bike. The cost of the bike is just $261. The full name of the bike is Xiaomi QiCycle Electric Bike. The Look of the bike is qi=uite impressive. It is 7.8 kg carbon fiber electric folding bike. The battery mounted in the top tube is of 2900mAH Li-ion and it is provided with a Battery Managment System (BMS). It can be recharged in three hours and the company claims it will last for 45km.
The price which at 2,999 Chinese Yuan (approx. £300) means that the Xiaomi QiCycle seems to represent extraordinary value.