LeapCharger Finalizes Purchase Order for EV Vehicle Prototypes to Cement Strategic Partnership with Middle East's Largest Ride-Sharing Company

CARSON CITY, NV, Feb. 09, 2024 (GLOBE NEWSWIRE) -- via 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 thrilled to announce a significant milestone in its mission to revolutionize transportation. After intensive negotiations, LeapCharger has placed a purchase order for Electric Vehicle (EV) prototypes, marking a pivotal step towards solidifying our strategic partnership with the Middle East's premier ride-sharing company which operates across 10 countries.

This strategic alliance seeks to reshape the transportation landscape in the Middle East, offering sustainable transportation and EV charging solutions to a vast audience while advancing environmental stewardship. By merging state-of-the-art EV technology with innovative ride-sharing platforms, both entities are poised to spearhead the transition towards eco-friendly transportation in the region.

"We are excited to reach this critical juncture in our collaboration with the Middle East's foremost ride-sharing company," stated Praveenkumar Vijayakumar, CEO of LeapCharger. "Together, we aim to redefine transportation norms by providing efficient, environmentally-conscious mobility options that enhance the lives of millions. The prototypes we have ordered are expected to enable us to move forward with our strategic partner by meeting their significant demands to deliver tailor-made solutions in the form of EV cars and chargers."

As part of our commitment to transparency and stakeholder engagement, LeapCharger pledges to keep investors abreast of all developments. Over the next 60 days, as the EV prototypes are delivered, LeapCharger will provide regular updates on the progress of this groundbreaking partnership.

"We recognize the importance of keeping our investors informed and involved in our journey," added Vijayakumar. "We are dedicated to providing timely updates as we work towards the successful implementation of this strategic collaboration."

Additional information regarding our EV prototype purchase order will be released as such information becomes available. Further details about solidifying our strategic collaboration will also be released at a later time and as they become available. Until all details are finalized, we are unable to provide further information at this time. For the most current information and updates, please visit our social media pages, all of which are listed at the bottom of this release.