A folding electrically powered vehicle includes a handlebar unit mounted at an upper end of a stem； a front wheel； an inverted U-shaped front suspension assembly including an intermediate joint pivotably mounted on a lower portion of the stem, a rearward curved frame member, and two foot rests； a front frame having two ends of a front portion pivotably secured to the two ends of the suspension assembly, the front frame including two rearward extending bars； a rear frame including two side bars pivotably secured to the rearward extending bars, two rear wheels, and a stop tube across front portions of the side bars； a seat assembly including two bottom tubes pivotably secured to two ends of the rearward extending bars respectively, and a pivotal seat back； and two shock absorbers each pivotably secured to the seat assembly and the rear frame.
