A folding and portable electric scooter assembled from structural members including a body member, a cover member, a seat frame and handles. When the electric scooter is not in use, a user needs only employ three simple actions to facilitate rapid folding away of a portable electric scooter, namely to fold down handles into the cover member, and fold away the cover member and the seat frame into the body member, whereupon, the user can pull a pull rod configured atop the cover member to easily pull along the electric scooter by means of auxiliary wheels connected to the body member, similar to the pulling of a baggage.