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    Home»Markets»Meet Olto: The $3,500 E-Scooter Gunning to Be the iPhone of Micromobility – Decrypt
    Meet Olto: The ,500 E-Scooter Gunning to Be the iPhone of Micromobility – Decrypt
    Markets

    Meet Olto: The $3,500 E-Scooter Gunning to Be the iPhone of Micromobility – Decrypt

    By Crypto EditorJune 14, 2025No Comments3 Mins Read
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    Meet Olto: The $3,500 E-Scooter Gunning to Be the iPhone of Micromobility – Decrypt

    In short

    • Infinite Machine simply unveiled the Olto, a $3,495 linked e-scooter constructed to be street-legal with out a bike license.
    • Designed for bike lanes, it incorporates a 750W motor, 40-mile vary, swappable battery, GPS, LTE, and modular equipment.
    • Backed by Andreessen Horowitz, the Olto is a bid to convey smooth, software-first design to U.S. micromobility, at a extra affordable value.

    After launching a high-end, cyberpunk-style electrical bike that prices greater than some used vehicles, Andreessen Horowitz-funded Brooklyn startup Infinite Machine is lastly getting sensible.

    It simply unveiled the Olto: a $3,495 electrical scooter that appears prefer it escaped from an industrial designer’s temper board. (That is not shocking for the reason that firm was based by brothers Joseph and Eddie Cohen, each erstwhile Apple staff.)

    It’s the second car from Infinite Machine, whose first product, the P1, made headlines final yr for its $10,000 price ticket, 55 mph prime pace, and Tesla Cybertruck-esque, American brutalist aesthetic. That mannequin generated a flurry of tech press, however its value and motorcycle-level specs made it a distinct segment toy for rich hobbyists.

    The Olto, in contrast, doesn’t require a motorbike license, and is designed to stay on metropolis streets and in bike lanes.

    It’s constructed from metal and aluminum, has a 750W software-limited motor (able to 2kW), and ships with a detachable battery that may be charged indoors, providing round 40 miles of vary on a single cost. It appears slick, rides quick (as much as 33 mph in off-road mode), and can promote for one-third the value of its large sibling.

    The corporate is taking $100 deposits on the car, which is meant to ship within the fall.

    Drop your cell phone into the handlebar holder and the Olto provides Bluetooth unlocking, GPS and LTE monitoring, a built-in alarm system, and even Apple AirTag integration. Just like the P1, it runs its personal OS and helps over-the-air firmware updates, which means Infinite Machine can push new options or diagnostics with out a journey to the store.

    One other cool function: an open-face helmet that locks to the seat when not in use, so it is at all times out there.

    There’s additionally a full ecosystem within the works: modular equipment like cargo racks, little one carriers, passenger seats, and customized baggage will mount on to the Olto’s chassis. And the corporate is emphasizing safety and serviceability, two sore spots that helped sink different, now-defunct e-bike manufacturers.

    Infinite Machine raised $9 million from Andreessen Horowitz’s American Dynamism fund, the identical enterprise group backing area startups, protection contractors, and crypto infrastructure performs. The guess: that there’s a sturdy enterprise in constructing extremely designed, software-integrated electrical automobiles for U.S. cities.

    That will sound optimistic. Micromobility within the U.S. has been an trade of false begins. From Hen’s public flameout to Revel’s pivot to EV charging, the scooter area is suffering from smooth {hardware} and damaged enterprise fashions. However Infinite Machine isn’t going after rideshare or leases—it desires to promote private automobiles to customers the way in which Apple sells iPhones.

    If it really works, Infinite Machine won’t simply make scooters cool. It would make them viable.

    Edited by Andrew Hayward

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