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Heard about InHouston from Mr. Eric Standlee and Mr. Julian Vera.
Niche (Services/Products your company provides:)
High-end Electric Vehicles
I am a Mechanical Engineering student at the University of Houston and automotive entrepreneur; Founder and CEO of The Lumen Motors Company. Very interested in science, technology, engineering, and entrepreneurship in those areas.
Have Attended Live InHouston Netweaving Events (ever):
would like to, going to the next one
For Lumen Motors, our initial customers include high-end auto enthusiasts as well as people who would like a high-end performance car yet one that is very practical and affordable for use while staying at zero-emissions.
Our target market is the luxury high performance (Grand Tourer) car market.
Urgent Needs and Compelling Desires of Target Market(s)
As electric vehicles are becoming more widespread, most automotive markets are highly underserved. The current Grand Tourer segment of the automotive market currently lacks a "green" alternative, more specifically, there aren't any hybrid nor all-electric luxury high performance Grand Tourers. Many owners of these cars cannot fully enjoy their car due to high running and maintenance costs. An all-electric alternative will allow for a more practical use with substantially lower port-purchase costs as well as performance increases. Customer validation points in the direction that there is a demand for an electric vehicle in this segment. In the general electric vehicle market, electric range and charging times are still the most important issues that need to be solved. Our battery technology helps solve that problem; we estimate at least 280 miles per charge and a full charge in just 30 minutes.
Opportunities said Target Market(s) would love to invest in
Due to the demand and the underserved market, the opportunity exists to create an all electric car company to grow from a niche market and eventually offer vehicles to many markets/price ranges.
What does your company do to focus on its purpose?
Lumen Motors' purpose is to create the world's best electric vehicles. We constantly work on customer validations and working with the customer needs in order to build a product that surpasses their expectations.
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