- CEO
- Praveenkumar Vijayakumar
- Sector
- Commercial services
- Industry
- Miscellaneous commercial services
- Address
- Cheyenne United States
- IPO Date
- Dec 31, 2010
- Business
- LeapCharger Corporation is an electric vehicle (EV) charging infrastructure and energy management company that develops, deploys, and operates smart charging solutions for commercial, residential, and municipal environments. Originally incorporated in September 2009 under the laws of Nevada as GreenPlex Services, Inc., the company maintains its primary operational headquarters in Dubai, United Arab Emirates, and targets clean mobility infrastructure across the Middle East, North America, and Europe.
The company provides an integrated portfolio of electric vehicle charging equipment, digital platforms, and energy management solutions, comprising: commercial direct current (DC) fast-charging stations delivering 150kW+ high-output charging for highway corridors, fueling stations, and commercial hubs; alternating current (AC) Level 2 commercial chargers designed for residential communities, retail plazas, workplaces, and public parking structures; residential wall-mounted and portable home EV charging systems engineered for private residential usage; integrated digital-out-of-home (DOOH) advertising hardware featuring 55-inch multimedia screens embedded on charging stations to support ad monetization and reduce user charging expenses; a proprietary mobile software application for iOS and Android that provides real-time charger locator services, bay reservations, navigation, dynamic pricing, and automated payment processing; and cloud-based charging point management software offering remote hardware diagnostics, telemetry, smart load balancing, and fleet management functionality for site hosts and enterprise operators.
LeapCharger Corporation serves commercial property developers, fleet operators, municipal authorities, retail centers, and individual EV owners through a dual business model combining equipment sales and installation services with recurring revenue generated from charging fees, software subscriptions, and digital media advertising.
In recent developments, the company has undertaken major operational, strategic, and corporate transformations. Following its corporate rebranding from GreenPlex Services, Inc. and strategic pivot to the EV charging market in May 2023, LeapCharger entered into a partnership with property developer Zarwah Developments to install DC fast-charging networks across premier residential and commercial sites in Dubai. The company expanded its technical infrastructure by collaborating with Xotic Technology to incorporate advanced cybersecurity and data encryption protocols into its newly launched iOS application. To broaden consumer access, LeapCharger launched a retail initiative to distribute residential home chargers across leading supermarket chains in the United Arab Emirates and established a strategic procurement partnership with a major Middle Eastern ride-sharing operator spanning ten regional markets. The company was also selected for the Bedayat sustainability innovation accelerator program to support regional green transit initiatives. To advance international expansion, LeapCharger appointed European sustainability leadership and engaged strategic advisors to oversee its planned entry into the United States and Canada. Corporately, LeapCharger commenced trading on the Upstream trading platform under the ticker LCCN, recorded its first commercial revenues in the fourth quarter of 2023, appointed Victor Mokuolu, CPA PLLC as its independent auditor, and executed a capital restructuring involving the cancellation of 32 million shares of common stock.