ALYI Confirms Upcoming Electric Motorcycle Pilot Report

Rhea-AI Summary

Alternet Systems, Inc. (OTC Pink: ALYI) has announced a scheduled report regarding its electric motorcycle pilot program, set for July 29, 2021. The company confirmed an order for 2,000 electric motorcycles, aimed at launching an EV rideshare and rental solution in Africa, starting with Kenya. This initiative is part of a broader plan to build an EV ecosystem that advances the sector and promotes sustainable transportation. The pilot program will last approximately ninety days, showcasing results as it progresses, while ALYI partners with ReovltTOKEN to finance its growth.

Positive

• Confirmed order for 2,000 electric motorcycles.
• Launch of comprehensive EV rideshare and rental solutions in Africa.
• Pilot program expected to last approximately ninety days.

Negative

• None.

Dallas, Texas, July 23, 2021 (GLOBE NEWSWIRE) -- Alternet Systems, Inc. (OTC Pink: ALYI) (“ALYI”) today confirmed a scheduled electric motorcycle pilot report to provide a comprehensive update on the pilot progress so far and an overview of what to expect going forward.  The pilot report will be published next week on Thursday, July 29^th, 2021.

Last week, ALYI confirmed an order for 2,000 electric motorcycles.  The order supports the planned rollout of a comprehensive Electric Vehicle (EV) Rideshare and rental solution in Africa beginning with electric motorcycles. ALYI has recently launched a comprehensive pilot bringing together a host of partners in Kenya to support a soup to nuts eco-friendly electric motorcycle alternative to Africa’s robust motorcycle taxi market currently dominated by combustion engine bikes.

ALYI is building a comprehensive EV ecosystem solution designed to advance the entire EV sector with perpetual contribution to EV technology advanced by the ongoing participation of EV industry leaders. 

ALYI is targeting the participation of brand name EV industry leaders in an annual EV symposium and conference anchored by an EV race event in Kenya.  The objective of the EV symposium and conference is to advance EV technology by building EV solutions for the African market – a power constrained, rugged environment with one of the lowest per capita transportation deployments in the world.  EV solutions for the African market will be applicable the world around.  EV solutions designed and built in Africa also contribute to building an autonomous African economy. ALYI plans to make a major announcement next month regarding the EV race that management expects will garner substantial attention to ALYI’s overall EV Ecosystem strategy.

ALYI has seeded its EV ecosystem solution with the development of its own EV motorcycle business. ALYI has recently initiated an Electric Motorcycle pilot program in Kenya which is already generating results expected to set ALYI’s EV business apart from the competition.

ALYI has published an overview of the pilot program highlighting the pilot objectives.  As the pilot ramps up this month, ALYI management plans to begin sharing featured moments of the pilot program in progress to include pictures and videos.  The pilot is expected to go on for approximately ninety days.

The pilot is being conducted in conjunction with the 2,000 electric motorcycle order, the fulfillment of which is being finalized with results from the pilot.

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

To learn more about RevoltTOKEN and how to participate in ALYI’s electric vehicle ecosystem through the purchase of Revolt Tokens, visit www.revolttoken.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

FAQ

What is the significance of the electric motorcycle pilot report by Alternet Systems (ALYI)?

The electric motorcycle pilot report, scheduled for July 29, 2021, will provide updates on the pilot program's progress and future expectations.

How many electric motorcycles has Alternet Systems (ALYI) ordered?

Alternet Systems has confirmed an order for 2,000 electric motorcycles.

Where is Alternet Systems (ALYI) launching its electric motorcycle program?

Alternet Systems is launching its electric motorcycle program in Kenya, aimed at creating an EV rideshare and rental solution.

What is the duration of the electric motorcycle pilot program by Alternet Systems (ALYI)?

The electric motorcycle pilot program is expected to last approximately ninety days.

How is Alternet Systems (ALYI) financing its electric vehicle ecosystem?

Alternet Systems is partnering with ReovltTOKEN to finance its growth by offering participation in the EV ecosystem through the sale of Revolt Tokens.