A three wheeled stand-up or sit down foldable and portable electric personal mobility vehicle for fulfilling the needs of a broad spectrum of users including the handicapped and recreational users. The personal mobility vehicle has two major parts, including a front wheel frame assembly and a rear frame chassis assembly. These major parts are configured to easily fold into a smaller size so that the vehicle can be easily transportable and more conveniently stored. Furthermore, a versatile seat and seat post are implemented to enable a user to sit or stand, and the seat can be easily removed, without tools, to create more space should a user wish.