Alternet Systems, Inc. Readies For A July Surge As Its ReVolt
EV Motorcycle Nears Market Delivery (OTCMKTS: ALYI)
July 16, 2021 -- InvestorsHub NewsWire -- via Digital Journal
-- Alternet Systems, Inc. (OTC Pink: ALYI) is on
pace to have its best year ever. In fact, with several catalysts
expected, July could prove to be the most transformational period
in its history.
On Wednesday, ALYI announced that it remains on pace to initiate
the debut of its planned annual electric vehicle (EV) race and
symposium in Nairobi, Kenya. More than a gathering of the brightest
minds in the EV sector, ALYI expects it will also be an opportunity
to create and enter into substantial business generating
opportunities. In fact, that’s one of the primary goals of the
event.
It’s also a time where ALYI can show off its electric vehicle
technology and highlight its developing rideshare program for the
African market. Moreover, they plan to introduce a self-drive EV
bike rental program to further target this densely populated market
with fewer vehicles per capita. Additionally, ALYI expects that its
technologies, services, and products will be instrumental in
helping Africa build out a robust transportation infrastructure,
with its rideshare initiatives playing a significant
role.
Best of all, the event will present a prime opportunity to show
off its ReVolt EV motorcycle, it’s flagship EV product that is
expected to have its first delivery this month. In fact, having
already secured a 2000-unit order for its ReVolt motorcycle in
Kenya, the remainder of this year can be an opportune time to show
why ALYI believes it’s a best-in-class EV option, especially for
the African boda-boda markets.
Targeting Africa’s $4 Billion Market
Opportunity
Keep in mind, ALYI’s innovative ReVOLT EV motorcycle has already
sparked interest in the industry, thanks to its classic design,
innovative mechanisms, and energy efficiency that make it an ideal
vehicle for densely populated rideshare markets.
In fact, as noted, the company is already preparing to enter
Africa’s $4 billion motorcycle taxi and ride-hail market following
an order for 2000 motorcycles for the Kenyan market. Better still,
the first of these deliveries are scheduled for July 2021, and ALYI
believes that the benefits offered by its electric motorcycle and
its supporting ecosystem will enable it to quickly expand its
market share across the rest of the continent.
In addition to its rideshare trial program, ALYI also announced
the development of a self-drive rental program that utilizes its
electric motorcycles. To drive additional revenues, ALYI plans to
rent out shared EV motorcycles in Kenya that can be unlocked via a
smartphone app and operated by the user, similar to how shared
electric scooter business Bird has generated millions by renting
out electric scooters in metropolitan areas.
The self-drive rental program is an excellent addition to the
company’s rideshare service and is a perfect complement to the
African market, whose densely populated cities and the low number
of vehicles per capita present a compelling market opportunity.
It’s easy to implement as well. Users of the service would simply
jump on an electric motorcycle and drive themselves to their
destination, eliminating the need to wait for a driver. Indeed, the
business can be a substantial revenue driver to ALYI over the
coming quarters.
Best of all, as the program would bypass the need to pay a
driver for these rides, the business model could deliver
substantial high-margin revenues without an inordinate amount of
capital exposure.
Supplying an All-Encompassing Electric Vehicle
Ecosystem
One of the most important takeaways for near and long-term
investors is that ALYI’s EV motorcycle program is only the
beginning of the company’s broader aim to build a wholly-owned
electric vehicle ecosystem.
In fact, that’s important to the mission, with ALYI
understanding that the success of any electric vehicle is dependent
on the simultaneous availability of the entire network of solutions
necessary to support it.
That network would comprise many companies that provide
components that allow electric vehicles to function, including the
availability of power, charging stations, long-range batteries, and
internet access for software upgrades. Thus, while the launch of
ReVolt is a catalyst, investors should know that it’s only the
first step in ALYI’s overall business strategy. By developing and
supporting an entire ecosystem of services to support them, the
company expects to generate consistent and long-term revenue
streams from its customers.
Moreover, through its innovative approach and commitment to
developing a comprehensive EV ecosystem, ALYI is already well on
its way to becoming a leader within the boda-boda rideshare market.
Better still, ALYI received critical funding from its financing
partner and electric vehicle ecosystem collaborator RevoltTOKEN, and other partnerships are helping
to create value as well.
IQST Brings New Opportunities
One of the most exciting collaborations is ALYI’s joint efforts
with iQSTEL (OTC:
IQST). Investors should follow this partnership closely as it
could prove transformational in helping ALYI offer products that
are both powerful and competitively superior.
The partnership between ALYI and IQST is primarily focused on
developing groundbreaking battery technologies that can transform
the electric vehicle industry. HD thin-film technology and
industrial hemp are two of its novel energy solutions in
development, demonstrating the ability to offer a more robust and
energy-efficient alternative to current electric vehicle batteries.
These technologies have enormous potential, and successfully
creating that solution could pave the way for a wide range of uses
beyond electric motorcycles.
Other development-stage products and services being developed
with IQST include battery geolocation, maintenance processes,
online diagnostic communications, and remote configuration. The
cutting-edge advantages offered by the two could also accelerate
ALYI’s pioneering presence in the sector. In fact, ALYI believes
that the unique strengths of its technologies could be
industry-leading, creating an opportunity to generate significant
returns through business partnerships and licensing agreements.
H2 2021 is Set to Continue ALYI’s Rapid
Expansion
Indeed, if ALYI stays true to its plan, the back half of this
year could be a substantial value-creating period of growth. It
could also keep them a significant player in the African rideshare
markets.
And with its improved balance sheet, partnerships with industry
experts, and the imminent launch of its ReVolt electric motorcycle
in Kenya, the company is well-positioned to seize on massive
opportunities as early as this month.
Undoubtedly, ALYI has ambitious plans. Still, they are certainly
not out of reach. And with financing available and partnerships
creating potentially best-in-class products, they can reap the
rewards from its mission sooner rather than later.
Better still, if ALYI hits its stride in July, its stock could
be presenting a compelling investment opportunity, especially at
its current share price. And, with at least one catalyst imminent
and several more expected soon after, prices at these levels may
not last much longer. Indeed, trading ahead of expected news could
be a wise decision.
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Source - https://www.digitaljournal.com/pr/alternet-systems-inc-readies-for-a-july-surge-as-its-revolt-ev-motorcycle-nears-market-delivery-otcmkts-alyi
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