This company provides EV battery health checks and State of Health (SoH) certification services for the used electric vehicle market. They offer transparent data on battery performance and real-world range to build buyer confidence and support dealer sales processes. Services are tailored for car dealers, remarketers, and leasing companies to maximize resale values and de-risk transactions.
Funding
Funding not disclosed
Founders
Product
Problem
Used electric vehicle (EV) sales are often hindered by consumer concerns regarding battery health, longevity, and potential range degradation. Car dealers lack a standardized, reliable method to assess and communicate the true condition of EV batteries, leading to reduced sales and lower prices. This uncertainty impacts buyer confidence and slows the adoption of EVs in the used car market.
Solution
Generational provides electric vehicle battery health checks and State of Health (SoH) certification services, enabling car dealers to verify battery performance and reassure customers about longevity and range. Using cloud-based EV State of Health (SoH) certification, dealers can increase stock turn and reassure customers about battery health, warranties, and real-world range. For leasing companies, Generational's battery assessments and remote monitoring improve residual values of EVs, making leases more profitable and cheaper for customers. Fleets can leverage hardware-free EV monitoring to reduce operating costs, save money on electricity, cut maintenance fees, and improve driver engagement.
Target Audience
The primary customers are car dealers, leasing companies, and fleet managers involved in the sale, leasing, and operation of electric vehicles, as well as individual EV owners.
Features
- Cloud-based EV State of Health (SoH) certification for car dealers
- Battery assessments and remote monitoring for leasing companies
- Hardware-free EV monitoring solution for fleets
- Solutions for individual EV owners to monitor range, performance and battery health