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. 拢300) means that the Xiaomi QiCycle seems to represent extraordinary value.