Xiaomi's foldable electric bicycle costs just $460
 

Xiaomi may not yet have a drone that can carry people, but at least it has an electric bicycle now, and it'll only cost you 2,999 yuan or about $460/£307. The Mi Qicycle is the second product from the Xiaomi-backed startup, iRiding, who release...

https://www.engadget.com/2016/06/23/...le-smart-bike/