A brand new electric folding bike is out by Xiaomi and here are the specs:

– IDbike Torque Measurement Method (TMM) intelligently measures the torque you apply and adjusts power based on your pedaling

– Companion smartphone app displays in-depth info: bike status, GPS navigation, ride stats

– 250W, 36V high speed motor

– Panasonic 18650 20 x 2900mAh lithium-ion battery cells (same battery used by Tesla) with self-developed Battery Management System (BMS) that lets you go 45km on a single charge

– Shimano Nexus 3-speed hub

– Foldable and compactly lean at 14.5 kg

– Provides real-time stats: speed, distance, power, dynamic power, calories consumed

– Price: RMB2,999