This is the Xiaomi QiBike R1 road bike

Xiaomi News
by Andi
Wednesday, 16 March 2016 at 05:44
xiaomi iriding qicycle bike
Well after the first teaser this morning, the cat is already out of the bag and the first photo of Xiaomi’s Qibike R1 has been revealed along with smart features.
As we suggested from the teaser this morning, the Qibike R1 is a road bike but not a budget bike designed for tootling along the path, this is a serious enthusiasts bike with complete Shimano Ultegra groupset (gears, chainset and brakes) plus a carbon frame.
Xiaomi will have the frames made in Taiwan, which is basically the Mecca for bicycle manufacturing and where the majority of high-end bicycles and components are made.
xiaomi qibike r1 application
This isn’t an official release image of the bike so we don’t know the full specifications, but we do know that the bike will come with smart sensor and it’s own Strava like application to monitor your progress.
Pricing for the top of the range bike will be 19,999 Yuan (around $3000) but there are rumours that cheaper versions will also be available.
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