LeapCharger Corporation (OTC:LCCN) Stock Gains Momentum: Rallies 9%
The electric vehicle charging space is literally going to be the infrastructural oil that is going to lubricate the growth of the electric vehicle industry as a whole. Naturally, there is considerable attention given to companies involved in the sector.
LeapCharger Corporation (OTC:LCCN) possesses innovative and disruptive technology that helps in supplying sustainable and environmentally friendly solutions. On December 1, the company announced that it had been successful in the launch of its advanced iOS app. The company noted in its news release that the app would help in completely changing the way in which consumers experience electric vehicle charging.
The company revealed several reasons why the LeapCharger app could be path-breaking in the electric vehicle industry. It would offer users an intelligent and smooth platform for navigating, locating, and then optimizing their charging sessions. The emphasis of the app is on the convenience of the user.
Hence, the app would also provide information on the availability of charging stations in real time, in addition to charging speeds and carbon footprint reduction data. Due to the presence of sustainability metrics, it would be possible for a user to keep track of the reduction in carbon footprint following each charge. The company believes that such a feature would contribute to a greener future.
The Chief Executive Officer of LeapCharger, Praveenkumar Vijaykumar, spoke about the development as well. He called it a significant new milestone for the company as well as its shareholders. He stated that the next step for the company was to install its own electric vehicle charging stations.
He added that the establishment of those charging stations was imminent. He stated that in the coming weeks, it was the intention of the company to speed up the process related to its business plan. Vijaykumar is expected to hit further milestones in that journey.
