Xiaomi just launched an affordable, foldable electric bike

  Xiaomi’s latest gadget has a massive 5,800mAh battery, Bluetooth 4.0 LE, IPX5 water resistance rating, a 1.8″ screen with 160 x 128px resolution and costs CNY 3,000 ($455/€400). Did I forget to mention it’s an electric bike? It is. The Xiaomi QiCycle features a patented folding design that’s based around a main beam that…