Infinite Machine, a New York-based micromobility company, has introduced its latest innovation – the Olto, a seated electric scooter priced at $3,495. Set to hit the market later this year, this new offering combines affordability with modularity, potentially reshaping urban transportation.
The Olto boasts impressive specifications, including a 40-mile range powered by a swappable 48V lithium-ion battery. Its 750W rear hub motor propels the scooter to speeds of 20 mph in bike lanes, with an off-road capability of 33 mph. Safety features include a headlight with high and low beams and turn signals for enhanced visibility.
What sets the Olto apart is its adaptability. Users can customize their ride by attaching or detaching components typically found on larger cargo bikes, such as child carriers, rear racks, or baskets. The scooter even features fold-out pedals connected to the rear wheel via a chain, allowing riders to use it similarly to an e-bike. Additionally, the Olto’s dual-suspension frame can accommodate two riders.
While the price tag may seem substantial, it’s less than half the cost of Infinite Machine’s flagship model, the P1, which retails for $10,000. The company has already begun shipping the P1 to initial customers.
The Olto enters a competitive electric two-wheeler market, which has faced challenges, particularly in the United States. Major players like Rad Power Bikes have undergone restructuring, while international brands VanMoof and Cake have faced bankruptcy proceedings.
Infinite Machine, which caught attention with its P1 scooter design in 2023, secured $9 million in funding led by Andreessen Horowitz in late 2024. The company’s founder and CEO, Joseph Cohen, has expressed ambitions to have vehicles in major cities worldwide, though current focus remains on the U.S. market.
Cohen believes Infinite Machine’s strength lies in its product design, aiming to create vehicles that feel like “your favorite car” while being tailored for urban environments. As the company introduces the Olto, it seeks to carve out a niche in the evolving micromobility landscape.
