Lectrium

Incentives, incentives, incentives 💸💸💸 In Q1 2024, more than 75% of EV sales were eligible for the federal tax credit! This is an increase from just 1/4 of EV sales when the incentive was first introduced in 2022. Here is our list of potential reasons for this increase: 1. Expanded tax credit eligibility ☑️☑️: various updates to the federal tax credit program have allowed more EV models to qualify over time. 2. Increased EV model availability 🚙🚗: logically, automakers are introducing more EV models that meet the tax credit requirements, giving consumers a wider selection of eligible vehicles. Look out for new EV models coming out in 2025, such as the Fiat 500e and Kia EV3, which could potentially qualify! 3. Greater consumer awareness 🔍👤: enhanced marketing and education from OEMs and dealers around EVs have increased consumer awareness about the benefits and availability of the tax credit, helping more people consider an EV as their next car! What are other reasons for this increase? Let us know your thoughts in the comments below! Looking to highlight savings on your EV and PHEV inventory in a better way for your customers? Let’s connect 👉 https://lnkd.in/ebUsTjSs #electricvehicles #taxeligibility #dealerships #automotive

💡 This week we asked our audience in how many U.S. states they think owning an EV costs less than owning an ICE vehicle over a period of 5 years... Answer: 48 states! 🤯 According to Auto News and J.D. Power data, the total cost of owning an EV is lower than a comparable ICE vehicle in 48 out of 50 states. The analysis considered transaction prices, taxes, regional gasoline prices, electricity rates, and zero-emission vehicle incentives. Consumers often focus on the high initial price, but as we can see, the long-term savings of an electric vehicle are substantial! The transition to EVs involves a shift in thinking about total cost of owning that car, including fueling, maintenance, and incentives. Lectrium is here to enable dealers to educate their customers on these EV savings, and help their EV shoppers make more informed purchasing decisions. Learn more about how we do this 👉 https://www.lectrium.com/ #electricvehicles #dealerships #automotive #evsavings

RSVP today for our State of EVs dealer webinar to gain an edge in EV sales for your auto group! 📈⚡ Taking place at at on July 31st at 12:00 PM EST, hosted by EV experts on the Lectrium team. Stay tuned for special guest announcements! #automotive #ev #dealerships #electricvehicles

We can't believe NADA 2024 was 5 months ago! We just locked in our NADA 2025 booth in The Big Easy, New Orleans! ⚜️⚡ See you there?

Let's hear your thoughts! 💭⚡️

We continuously update our products to better the automotive industry & help dealerships sell more EVs and PHEVs, faster. Read about our recent product enhancements here! ⚡👇 #automotive #ev #dealerships #product #marketing

"The transition from selling traditional internal combustion engine (ICE) vehicles to selling EVs hasn’t been easy for many dealerships. Data show that EVs tend to sit on dealership lots longer than ICE vehicles (sometimes up to twice as long), a reality that causes dealers to accrue costs and sell fewer vehicles."🚗 Check out how Lectrium is working with dealerships to tackle these challenges 👉 https://lnkd.in/gGuE8mCy #electricvehicles #EVs #automotive #dealerships

We heard your feedback and added some new features & a fresh design to our EV Savings Badge! 🫡🚀 Check the improvements below 👇 and book a 15-min demo with us to see the new badge in action 👉 https://lnkd.in/ebUsTjSs

This July, we’re excited to offer dealerships an incredible opportunity! Sign up for an Annual Plan and enjoy 3 months of FREE access to our EV Savings Badge. 👏🚀 Our EV Savings Badge is already helping dealerships highlight EV savings and attract buyers, enhancing their sales strategy. EV Savings Badge Features: ⚡️ Showcase True EV Affordability: Highlight federal and state tax incentives. ⚡️ State-Based Fuel Cost Savings: Make it clear how much customers can save. ⚡️ Collect More Leads: Engage potential buyers by inquiring about their tax eligibility. Our badge is suitable for all brands, EVs, and PHEVs, both new and used. Ready to boost your sales? Take advantage of this limited-time offer and transform your dealership’s EV marketing! 📆 Book a meeting with us today to get started and discover how Lectrium can drive your success: https://lnkd.in/ebUsTjSs #EVSavings #Lectrium #ElectricVehicles

Welcome to Lectrium, Daniel Pardo Herrera! ⚡We are thrilled to announce that Daniel is joining Lectrium as our new Account Executive. Originally from Peru and currently based in Atlanta, Georgia, Daniel brings a wealth of sales and business development experience in the EV industry. He is excited to meet and work with dealerships across Georgia and the greater Southeast, and enable them sell more EVs with better data and tools for their customers. Fun fact: Daniel is an animal lover and enjoys going to concerts! He’s been to at least 40 concerts so far 🎸 We are confident he will be a valuable addition to our growing team. If you are an EV dealer based in the Southeast, don’t be shy! Connect with Daniel 👋 Welcome Daniel! We are excited to see the great things we will achieve together. 👏