Meet Olto: The $3,500 E-Scooter Gunning to Be the iPhone of Micromobility
After introducing a high-end, cyberpunk-style electrical motorbike that costs more than some utilized cars, Andreessen Horowitz-funded Brooklyn startup Infinite Machine is finally getting practical. It just unveiled the Olto: a $3,495 electrical scooter that looks …
It’s the second vehicle from Infinite Maker, whose first product, the P1, made headlines last year for its $10,000 rate tag, 55 miles per hour top speed, and Tesla Cybertruck-esque, American brutalist visual. A bike lane vehicle by Infinite Machine. Infinite Machine isn’t going after rideshare or rentals– it desires to sell personal vehicles to consumers the way Apple sells iPhones.
If it works, Infinite Machine may not just make scooters cool.
Sam Boolman is a contributing writer at ChainIntel.org with a long-standing interest in cryptocurrency, blockchain technology, and emerging financial trends. A self-directed trader who actively invests his own capital, Sam follows the markets closely and brings a hands-on perspective to the fast-paced world of crypto journalism.
With a background in business and digital media, Sam has written across a variety of sectors including tech, startups, and online finance. His curiosity and enthusiasm for the evolving digital economy fuel his exploration of Web3, decentralised finance, and market developments. Sam is passionate about making complex topics more accessible to everyday readers and continues to expand his knowledge through research, trading experience, and industry engagement.
