ALYI Announces Nov 30th Shipment Date For First Electric Motorcycles - $2 Million 2021 Revenue Target In Sights

Rhea-AI Summary

Alternet Systems, Inc. (ALYI) announced the shipment of 2,000 electric motorcycles to Kenya, set to serve as motorcycle taxis starting November 30, 2021. The company aims to achieve a revenue target of $2 million in 2021 from these sales. ALYI focuses on developing an Electric Vehicle (EV) Ecosystem to enhance EV adoption in East Africa, including partnerships for financing through Revolt Tokens. This initiative establishes a comprehensive support system for electric vehicles, from design to infrastructure.

Positive

• Shipment of 2,000 electric motorcycles to Kenya.
• $2 million revenue target for 2021 from motorcycle sales.
• Focus on building a comprehensive Electric Vehicle Ecosystem.

Negative

• None.

DALLAS, Oct. 14, 2021 /PRNewswire/ -- Alternet Systems, Inc. (USOTC: ALYI) ("ALYI") today announced shipment on fulfillment on an order for 2,000 electric motorcycles to go into service in Kenya as motorcycle taxis or boda-bodas is schedule to begin on November 30, 2021.

ALYI is on track for the company to realize its recently announced $2 million 2021 revenue target anticipated from the sales of the electric motorcycles.

ALYI is an Electric Vehicle and overall Electric Vehicle Ecosystem company concentrating on the East African market with plans to expand into to the overall global developing economic market.

ALYI is building an entire Electric Vehicle (EV) Ecosystem that addresses the entire EV adoption environment from the perpetual design of best in class vehicles to the perpetual design of the myriad of mechanical and digital systems that go into a best in class vehicle; from the charging and maintenance infrastructure that goes into supporting consumer and commercial vehicles, to the EV value proposition itself that drives consumers and businesses to transition from combustion engines to electric powered vehicles.

ALYI has designed its EV Ecosystem solution to include democratized participation. ALYI has partnered with Revolt Token to finance ALYI's growth by offering participation in the EV ecosystem through the sale of Revolt Tokens.

To learn more about Revolt Token and how to participate in ALYI's electric vehicle ecosystem through the purchase of Revolt Tokens, visit  https://rvlttoken.com/.

For more information and to stay up to date on ALYI's overall latest developments, please visit www.alternetsystemsinc.com.

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

For more information, please visit: http://www.alternetsystemsinc.com
Alternet Systems, Inc. Contact:
Randell Torno
info@lithiumip.com
+1-800-713-0297

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SOURCE Alternet Systems, Inc.

FAQ

What is the significance of ALYI's electric motorcycle shipment to Kenya?

The shipment of 2,000 electric motorcycles marks ALYI's entry into the Kenyan market, targeting the boda-boda taxi service, which is a significant market for motorcycle taxis.

When will the electric motorcycles by ALYI be operational?

The electric motorcycles are scheduled to begin service in Kenya on November 30, 2021.

What is the revenue target set by ALYI for 2021?

ALYI has set a revenue target of $2 million for 2021, anticipated from the sale of electric motorcycles.

How is ALYI financing its growth in the electric vehicle sector?

ALYI is partnering with Revolt Token to finance its growth, allowing participation in its electric vehicle ecosystem.