Xiaomi QiCycle foldable electric bike launched Chinese tech giant Xiaomi has unveiled its first foldable electric bike. WEISSThe latest electric bikes are all kinds of cool and innovative, but one thing they're generally not is cheap, rarely dipping below US$1,000. Coolpeds believes that the world needs a cheaper e-bike, one that doesn't skimp on style or lightweight design. The accompanying 36 V lithium-ion battery (which should be 12 Ah, though Coolpeds hasn't finalized that spec) rides in a leather-look bag hanging from the top tube. If Coolpeds can get it to market within that range, we have a feeling a lot of folks will be riding around the city on iBikes Credits: Gizmag.com

Source: Times of India July 13, 2016 12:29 UTC