Infinite Machine Unveils Affordable, Modular Olto Electric Scooter Backed by a16z

Infinite Machine, a New York-based micromobility startup supported by Andreessen Horowitz (a16z), has introduced its latest innovation: the Olto, a seated electric scooter designed with modularity and affordability in mind. The Olto, priced at $3,495, is slated to begin shipping later this year and aims to offer a versatile and accessible transportation solution.

The Olto boasts a range of 40 miles on a single charge, thanks to its easily swappable 48V lithium-ion battery. With a 750W rear hub motor, the scooter can reach a top speed of 20 miles per hour in bike lanes and up to 33 miles per hour in off-road conditions. Safety and visibility are enhanced by a headlight featuring both high and low beams, as well as integrated turn signals.

One of the key features of the Olto is its modular design, allowing users to customize the scooter with various attachments commonly found on cargo bikes, such as child carriers, rear racks, and baskets. Additionally, the scooter includes fold-out pedals connected to the rear wheel via a chain, providing a pedal-assist mode that functions similarly to an e-bike. The Olto’s dual-suspension frame is designed to accommodate two riders, further enhancing its practicality.

While the $3,495 price point is significant, it represents a substantial reduction compared to Infinite Machine’s flagship vehicle, the P1. The P1, with its Cybertruck-inspired design, is priced at $10,000 and has already begun shipping to initial customers.

The Olto enters a competitive and challenging market for electric two-wheelers, particularly in the United States. Several companies in this sector have faced difficulties, including layoffs and leadership changes at Rad Power Bikes, and bankruptcy restructurings for international brands like VanMoof and Cake.

Infinite Machine gained attention in 2023 with the design of the P1 scooter and subsequently secured $9 million in funding led by Andreessen Horowitz in late 2024. CEO Joseph Cohen expressed his vision for Infinite Machine to establish a global presence, with vehicles in major cities worldwide.

For now, Infinite Machine is concentrating on the U.S. market, acknowledging the hurdles in selling vehicles like the Olto. Cohen emphasized the company’s commitment to delivering a superior product experience, stating, “We think that what we can bring as an American company is an amazing product sensibility that doesn’t exist with the products in the market, and that’s the angle that we’re taking. We are coming into this category and saying, you know, these plastic things that look like printers, we can do it better. We can make something that feels like your favorite car — but not a car, but something that extends to the city.”