Thursday, June 4

Infinite Machine, a New York-based micromobility startup, has introduced a new modular seated electric scooter called the Olto, priced at $3,495 and slated to ship later this year. Designed for versatility and urban commuting, the Olto aims to blend the functionality of an e-bike with the comfort and customization of a small cargo vehicle.

The Olto features a 750W rear hub motor capable of reaching 20 miles per hour on bike lanes and up to 33 mph off-road. It draws power from a swappable 48V lithium-ion battery with a claimed range of 40 miles. The vehicle includes high/low beam headlights and turn signals for improved visibility, and Infinite Machine says it supports two riders via a dual-suspension frame.

“Our goal is to create vehicles that extend into the city like your favorite car — but not a car,” said Infinite Machine founder and CEO Joseph Cohen in an earlier interview. “We can make something that feels premium in a market full of plastic scooters that look like printers.”

Modularity is a central design element of the Olto, with optional accessories including a child seat, rear rack, or cargo basket. It also has fold-out pedals and a chain connected to the rear wheel to enable pedal-assist functionality, allowing the Olto to double as an e-bike.

The launch follows Infinite Machine’s high-profile debut of the Cybertruck-inspired P1 scooter in 2023, a $10,000 vehicle that marked the company’s entrance into the competitive electric two-wheeler space. The startup secured $9 million in funding in late 2024 in a round led by Andreessen Horowitz.

Despite ambitions to expand globally, Infinite Machine is currently focused on building a foothold in the U.S., a challenging market for e-mobility startups. Other players in the space, including Rad Power Bikes, VanMoof, and Cake, have faced layoffs, bankruptcies, or restructuring amid tightening consumer demand and economic headwinds.

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Todd Gilbert has been covering the global electric vehicle industry for EVMagz.com since becoming a reporter in 2018, with a focus on EV manufacturing, battery technology, charging infrastructure, and clean mobility policy across major international markets. With a background in business journalism, he brings a sharp analytical perspective to industry trends and corporate strategy. Outside of work, Todd enjoys early-morning cycling, home coffee roasting, and restoring vintage mechanical watches.

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