After the Ninbot scooter, Xiaomi eyes the bicycle market news
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After the Ninbot scooter, Xiaomi eyes the bicycle market

After the Ninbot scooter, Xiaomi eyes the bicycle market

Xiaomi gives cool (or lazy?) folks in China the option to move around on its very affordable Ninebot mini. It's a sure shot way to neglect your fitness, but if you don't want to fall into that trap, there's a healthier -- albeit pricier -- alternative in the making.

Xiaomi have invested in iRiding, a startup that makes a $3000 'smart' bicycle. This is the very bicycle that Xiaomi will sell.

It'll be sold through Xiaomi's e-commerce platforms under the QiCycle brand.

The bike comes with sensors and such, and with a weight of just 7 kilograms (15.4pounds), the bike is fairly lightweight. It works on a hybrid system, with energy harnessed from pedalling and electric batteries.

After the Ninbot scooter, Xiaomi eyes the bicycle market

According to folks privy to the matter, the Taiwan-assembled bike will soon have a more affordable sibling, directly under the Xiaomi brand. This version is expected to sell at a more Xiaomi-esque $450-500.

With each passing year, Xiaomi's interest -- and portfolio -- expands towards being a lifestyle brand. Action cameras, phones, tablets, smart home accessories, a scooter, are a few things that Xiaomi already has in the offering.

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