The disclosure is directed to a foldable motorized scooter having at least one front wheel and at least one rear wheel, configured to operate between an extended rideable position where the front wheel and the rear wheel are aligned along a longitudinal axis, and a folded stowed position wherein the at least one front wheel and the at least one rear wheel are concentrically parallel to each other along a transverse axis, the foldable motorized scooter equipped with a rechargeable power source.