Xiaomi Launches Foldable Electric Bike QiCycle At a Price Of $450 (indianexpress.com)

Xiaomi on Thursday unveiled its first ever electric bike -- the QiCycle Electric Folding Bike. The bike, made of carbon fibre, packs a host of sensors and weighs just 7kg. From a report on IndianExpress:QiCycle has an integrated electric motor, which can be used for propulsion. The bike is powered by 250W-36V electric motor, and uses Torque Measurement Method (TMM) to assist the rider's pedal-power. It comes with Shimano Gear Shifters to let users switch gears based on the terrain. It also has a bike computer display to show all the fitness-related parameters such as calories burned, distance traveled, speed, etc. Xiaomi says the QiCycle has a large Panasonic 18650 battery, which can last up to 45 kms on a single charge. Qicycle can be folded and kept in the trunk of a car.The QiCycle is priced at roughly $450, and is currently only available for sale in Chinese cities.