The Olto features a 750W motor, a 40-mile range powered by a swappable 48V lithium-ion battery, and can reach speeds of 20 mph on bike lanes and 33 mph off-road.

Its modular design allows for the attachment of accessories such as child carriers, rear racks, or baskets, and includes fold-out pedals for pedal-assist propulsion.

Founded by former Apple employees Joseph and Eddie Cohen, Infinite Machine aims to offer a sleek design in U.S. micromobility at a more affordable price compared to their previous model, the P1, which cost $10,000.

New York-based startup Infinite Machine has launched the Olto, a modular seated electric scooter priced at $3,495, designed for street use without requiring a motorcycle license.

The company secured $9 million in funding from Andreessen Horowitz's American Dynamism fund, reflecting investor confidence in stylish, software-integrated electric vehicles for urban areas.

Safety features are a priority, with the scooter equipped with a headlight featuring high and low beams and turn signals for improved road visibility.

Innovative features of the Olto include Bluetooth unlocking, GPS tracking, an alarm system, and Apple AirTag integration, all accessible via a mobile phone.

Unlike many failed rideshare models in the micromobility industry, the company aims to sell personal scooters directly to consumers.

The Olto promotes security and serviceability, addressing common issues faced by other e-bike brands in the market.

Despite its higher price tag, the Olto is significantly cheaper than Infinite Machine's flagship P1 scooter, making it a more accessible option for urban commuters.

Customers can secure their Olto with a $100 deposit, with plans for shipping set for fall 2025.

The electric scooter market in the U.S. has faced challenges, with brands like Rad Power Bikes experiencing layoffs and others like VanMoof and Cake undergoing bankruptcy restructurings.