FasterCapital has partnered with ME Motorino Elettrico to enhance the latter's market presence and expansion in the U.S. and Europe through funding and technical support for their customizable electric scooter line.

Information on the Target

ME Motorino Elettrico, founded by Fabio Lettieri, is a cutting-edge electric scooter company based in Italy. The company specializes in customizable electric scooters characterized by a patented lightweight X-shaped frame, which combines premium materials and innovative design. ME Motorino Elettrico aims to provide a compelling blend of sustainability, performance, and personal expression to environmentally aware urban riders.

The company’s offerings include two models: the ME 2.5, priced at €5,490, and the ME 6.0, at €6,690. Each design features exceptional engineering, ensuring high durability alongside ease of customization through distinct aesthetics and practical electric powertrain features.

Industry Overview in Italy

The electric two-wheeler market in Europe, including Italy, is witnessing an impressive growth trajectory, with an anticipated compound annual growth rate (CAGR) of approximately 28.8% from 2022 to 2027. Despite the rapid expansion, co