ALYI Growing EV Sales and EV Ecosystem Revenue Update Coming Tomorrow
Alternet Systems (OTC Pink: ALYI) will release a progress report on its 2022 strategic outlook on February 18, 2022, aiming for $10 million in organic revenue and a $50 million stretch goal. The company is producing two electric motorcycle models and a three-wheeled Baja vehicle, having partnered with MODUS and iQSTEL for manufacturing in China. ALYI's electric motorcycles are part of a broader Electric Vehicle Ecosystem, which is expected to enhance revenue and shareholder value through strategic partnerships, including those with Waterpure International and Priority Aviation.
- Targeting $10 million in organic revenue with a potential $50 million stretch goal.
- Production of electric motorcycles and a three-wheeled Baja vehicle has commenced.
- Manufacturing partnership established in China to boost production capabilities.
- Strategic partnerships expected to enhance revenue beyond vehicle sales.
- None.
Dallas, Texas, Feb. 17, 2022 (GLOBE NEWSWIRE) -- Alternet Systems, Inc. (OTC Pink: ALYI) today confirmed the company will publish a progress report update tomorrow, Friday, February 18th, on the company’s 2022 strategic outlook to reach
The company has begun producing and delivering an initial two electric motorcycle models and a separate three wheeled electric Baja vehicle. After an in-depth design and pilot program with MODUS and iQSTEL (OTCQX: IQST), ALYI established a manufacturing partnership in China to produce the electric motorcycles.
ALYI’s electric motorcycles are just one component of ALYI’s overall Electric Vehicle (EV) Ecosystem.
Last month, ALYI published a 2022 strategic outlook presentation that explained how the various components of the company’s EV Ecosystem fit together to drive revenue and shareholder value.
ALYI recently reported the company’s strategy to generate revenue beyond its electric vehicle sales by tapping into its potential to realize income through its EV Ecosystem partnerships is firming up and looking to move ALYI closer to its stretch revenue goal.
In the update presentation tomorrow, ALYI management will give a progress report update to its 2022 strategic outlook providing details on how the company’s revenue growth outlook is improving. The update will include specifics on ALYI’s partnerships with Waterpure International, Inc. (OTC Pink: WPUR) and Priority Aviation, Inc. (OTC Pink: PJET).
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.
Alternet Systems, Inc.
Rndell Torno
info@lithiumip.com
+1-800-713-0297
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