LeapCharger to Enter Into Electric Vehicle Car Segment

LeapCharger to Enter Into Electric Vehicle Car Segment

Time Stamp: January 24, 2024 9:10 AM
Source Node: 3083361

CARSON CITY, NV, Jan 24, 2024 - (NewMediaWire) - LeapCharger Corporation (OTC: LCCN) ("LeapCharger" or the "Company"), an electric vehicle (EV) charging company with disruptive and innovative technology providing eco-friendly and sustainable solutions, is proud to announce its strategic leap into developing a line of electric vehicles. This bold move marks a significant milestone in the company's commitment to sustainable transportation and positions LeapCharger as a comprehensive player in the evolving EV ecosystem.

With years of expertise in developing cutting-edge EV charging stations, LeapCharger now aims to seamlessly integrate charging infrastructure with its own electric vehicle brand, creating a holistic approach to sustainable mobility. This strategic expansion aligns with the global shift towards cleaner transportation solutions and positions LeapCharger as a key player in shaping the future of the automotive industry.

LeapCharger's foray into creating its own EV vehicle brand and line represents a natural progression, leveraging the company's in-depth understanding of the EV landscape. By combining charging technology with its own vehicle line, LeapCharger aims to provide customers with a seamless and integrated experience, addressing the growing demand for electric mobility solutions.

This diversification is not only a testament to LeapCharger's adaptability but also a strategic move to capitalize on the expanding market for electric vehicles. As governments worldwide implement stricter emission standards and consumers increasingly embrace sustainable transportation options, LeapCharger is poised to be at the forefront of this transformative industry.

The Company's CEO, Praveenkumar Vijayakumar, expressed enthusiasm about this strategic move, stating, "LeapCharger's goal has always been to be at the forefront of innovation in the electric mobility sector. Our entry into the EV car sector is a natural evolution that allows us to provide end-to-end solutions for our customers. We believe this expansion will not only contribute to the growth of the company but also play a pivotal role in shaping the future of sustainable transportation.

"We are in the midst of finalizing terms and specific details related to our EV line, and expect to have an announcement in short order. We will be developing both a sedan and an SUV to meet the ever-growing demands of our customers and EV enthusiasts worldwide," concluded Vijayakumar.

LeapCharger remains committed to delivering high-quality, eco-friendly products and services. The Company looks forward to the exciting journey ahead as it ventures into the world of electric vehicles, contributing to a greener and more sustainable future.

Additional information regarding our new brand of EV vehicles will be released as it becomes available. For the most current information and updates, please visit our social media pages, all of which are listed at the bottom of this release.

DISCLAIMER

This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended. Any offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

ABOUT LEAPCHARGER CORPORATION

LeapCharger Corporation is an emerging growth company that aims to provide high-quality electric vehicle (EV) charging solutions to consumers and businesses. Our operations are based in the UAE and we aim to expand operations into other regions such as North America, EU and South Asia in the near future. Our charging stations will be strategically placed in high-traffic areas, ensuring that EV owners have easy access to our services. We offer a user-friendly mobile app that allows customers to easily locate our charging stations, reserve charging spots, and pay for their charging sessions. We have also integrated advertising solutions in our charging stations to generate additional income. In addition to our commercial offerings, we will also partner with residential communities and property owners to install charging stations in their buildings. Additionally, we understand that our customers prioritize efficiency and convenience, so we are installing 150kW+ charging stations at highway exits and petrol pumps. These stations offer a higher charging speed, allowing drivers to get back on the road quickly. One of the ways we achieve this is by offering lower charging rates than our competitors, thanks to our innovative use of advertising revenue. Our charging stations are equipped with 55-inch screens, which serve to provide our clients with a valuable marketing channel and also serve as marketing channels for our LeapCharger brand.

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements (including within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended, and Section 27A of the United States Securities Act of 1933, as amended) concerning the Company, expected listing and trading, the Company's technology and future anticipated growth. Forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as "may," "will," "should," "would," "expect," "plan," "believe," "intend," "look forward," and other similar expressions among others. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties and are not guarantees of future performance. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors, including, without limitation: risks related to LeapCharger's operations, such as additional financing requirements and access to capital; competition; the ability of LeapCharger to protect its intellectual property rights; and other risks set forth in the Company's filings with OTC Markets ("OTCM") and/or the Securities and Exchange Commission (the "SEC"). Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including those described in LeapCharger's periodic reports filed with the SEC or OTCM, and that actual results may differ materially from those contemplated by such forward-looking statements. Except as required by applicable law, the Company undertakes no obligation to revise or update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.

Periodically, and as legally required, the Company may make new and material information available on its website, www.leapcharger.com, or through Company sponsored social media, which may be accessed by clicking on the below links:

Instagram: https://www.instagram.com/leapcharger/
Twitter: https://x.com/LeapCharger?s=20
LinkedIn: https://www.linkedin.com/company/leapcharger/

Contact:
Praveenkumar Vijayakumar
+1 917 391 0061
praveen@leapcharger.com
LeapCharger Corporation

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