If you visit China, you'll find many Chinese people riding on a motorcycle-like vehicle. That is what we call E-bike or electronic bike. In my third year living in China, I just realized, when you are going somewhere by bus, 3 things will attract your eyes the most: 1. Luxury European Cars; 2. Smartphones; 3. Electronic Bike. People there like to ride their e-bike and as you know, China is the biggest smartphone market (moreover for Apple!). So, compiling the facts, Xiaomi CEO decided to invest...