Lectrium provides automotive dealerships with tools like the EV Savings Badge and EV Range Map to enhance the sales process for electric vehicles by presenting personalized savings and incentives to potential buyers. This addresses barriers to EV adoption, such as affordability and charging access, by equipping dealers with real-time data on federal tax incentives and state rebates.
Funding
$1.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
UXVVFounders
Product
Problem
Automotive dealerships face challenges in effectively communicating the financial and practical benefits of electric vehicles (EVs) to potential buyers. Customers often perceive EVs as too expensive and express concerns about range and charging accessibility, hindering EV adoption.
Solution
Lectrium provides a suite of tools designed to enhance the EV sales process by highlighting personalized savings and benefits directly on dealership websites. The EV Savings Badge personalizes federal tax incentives, state rebates, and fuel cost savings for each EV in the dealership's inventory. The EV Range Map addresses range anxiety by visualizing charging locations and potential destinations. By integrating real-time data on incentives and charging infrastructure, Lectrium empowers dealerships to address customer concerns and accelerate EV sales.
Target Audience
Lectrium primarily targets automotive dealerships looking to increase EV sales by effectively communicating the financial and practical advantages of electric vehicles to potential buyers.
Features
- EV Savings Badge: Calculates and displays personalized savings, including federal tax incentives, state rebates, and fuel cost savings, for each EV VIN.
- Customizable branding: The EV Savings Badge can be tailored to match the dealership's or OEM's brand guidelines.
- EV Range Map: Visualizes charging locations and potential destinations to alleviate range anxiety.
- Real-time data updates: Best-in-class data on EV specifications, federal guidelines, and state programs are updated in real time.
- Lead collection form: Captures leads from interested customers.
- Integration with dealership websites: Seamlessly integrates with existing dealership websites.
- EV CO₂ Savings Badge: Highlights the CO₂ savings of driving an EV.