LOCIO

About LOCIO

LOCIO offers the LinkOne charging solution, which utilizes a MID-compliant energy meter to enable precise billing of home charging costs for electric company vehicles. This technology simplifies the reimbursement process for employees, eliminating the need for complex installations and ensuring accurate tracking of energy consumption.

```xml <problem> Employees using electric company cars often need to charge them at home, creating a need for accurate and verifiable reimbursement of electricity costs. Existing methods for tracking and billing these costs can be complex, lack precision, and create administrative overhead for both employees and employers. </problem> <solution> LOCIO provides a solution for precise billing of home charging costs for electric company vehicles. The LinkOne charging solution utilizes a MID-compliant energy meter to accurately track energy consumption during home charging. This eliminates the need for complex installations and simplifies the reimbursement process for employees. The system is immediately operational, compatible with all Type 2 wallboxes, and doesn't require a connection to the home network or mobile communications. </solution> <features> - MID-compliant energy meter for accurate measurement and billing of charging costs. - Compatibility with all Type 2 wallboxes, enabling immediate use without installation. - Automated reimbursement process, reducing administrative effort for companies. - Mobile app for employees to view charging data and generate expense reports. - Dashboard for fleet management to monitor charging costs and manage reimbursement rules. - Bluetooth data transfer, ensuring connectivity independent of home network or mobile reception. - Compatibility with PV systems, enabling accurate billing even when using self-generated solar power. </features> <target_audience> The primary customers are companies with electric vehicle fleets and their employees who need a simple, accurate, and verifiable solution for reimbursing home charging costs. </target_audience> <revenue_model> LOCIO generates revenue through the sale of LinkOne hardware and potentially through subscription fees for access to the fleet management dashboard and advanced reporting features. </revenue_model> ```

What does LOCIO do?

LOCIO offers the LinkOne charging solution, which utilizes a MID-compliant energy meter to enable precise billing of home charging costs for electric company vehicles. This technology simplifies the reimbursement process for employees, eliminating the need for complex installations and ensuring accurate tracking of energy consumption.

Where is LOCIO located?

LOCIO is based in Munich, Germany.

When was LOCIO founded?

LOCIO was founded in 2022.

Who founded LOCIO?

LOCIO was founded by Eduard Schlutius and Alexander Schlutius.

  • Eduard Schlutius - Co-Founder/CEO
  • Alexander Schlutius - Co-Founder
Location
Munich, Germany
Founded
2022
Employees
8 employees
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LOCIO

Score: 55/100
AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

LOCIO offers the LinkOne charging solution, which utilizes a MID-compliant energy meter to enable precise billing of home charging costs for electric company vehicles. This technology simplifies the reimbursement process for employees, eliminating the need for complex installations and ensuring accurate tracking of energy consumption.

locio.de500+
Founded 2022Munich, Germany

Funding

No funding information available. Click "Fetch funding" to run a targeted funding scan.

Team (5+)

Eduard Schlutius

Co-Founder/CEO

Alexander Schlutius

Co-Founder

Company Description

Problem

Employees using electric company cars often need to charge them at home, creating a need for accurate and verifiable reimbursement of electricity costs. Existing methods for tracking and billing these costs can be complex, lack precision, and create administrative overhead for both employees and employers.

Solution

LOCIO provides a solution for precise billing of home charging costs for electric company vehicles. The LinkOne charging solution utilizes a MID-compliant energy meter to accurately track energy consumption during home charging. This eliminates the need for complex installations and simplifies the reimbursement process for employees. The system is immediately operational, compatible with all Type 2 wallboxes, and doesn't require a connection to the home network or mobile communications.

Features

MID-compliant energy meter for accurate measurement and billing of charging costs.

Compatibility with all Type 2 wallboxes, enabling immediate use without installation.

Automated reimbursement process, reducing administrative effort for companies.

Mobile app for employees to view charging data and generate expense reports.

Dashboard for fleet management to monitor charging costs and manage reimbursement rules.

Bluetooth data transfer, ensuring connectivity independent of home network or mobile reception.

Compatibility with PV systems, enabling accurate billing even when using self-generated solar power.

Target Audience

The primary customers are companies with electric vehicle fleets and their employees who need a simple, accurate, and verifiable solution for reimbursing home charging costs.

Revenue Model

LOCIO generates revenue through the sale of LinkOne hardware and potentially through subscription fees for access to the fleet management dashboard and advanced reporting features.