ALYI To Accelerate EV Rollout Expansion To New Cities By Accepting Cryptocurrency

Rhea-AI Summary

Alternet Systems, Inc. (OTC Pink: ALYI) has announced an expansion of its electric vehicle (EV) rollout, moving beyond its current operations in Addis Ababa and Nairobi. The company is fulfilling a $2 million order and anticipates reaching $10 million in EV sales this year. As part of the rollout, ALYI will also accept cryptocurrency for purchases. The updates coincide with upcoming news from Revolt Token Corporation regarding the EV sales program.

Positive

• Expansion of EV operations to new cities.
• Current order fulfillment of $2 million indicates strong demand.
• Projected sales growth to $10 million this year.
• Introduction of cryptocurrency payments could attract more customers.

Negative

• None.

Dallas, Texas, Feb. 25, 2022 (GLOBE NEWSWIRE) -- Alternet Systems, Inc.’s (OTC Pink: ALYI) today announced the company will expand its electric vehicle rollout to new cities beyond Addis Ababa and Nairobi in conjunction with the acceptance of cryptocurrency for purchases.

ALYI is currently delivering electric motorcycles and three wheeled electric Bajas in Addis Ababa, Ethiopia and Nairobi, Kenya.  The EVs are being delivered into the local taxi and delivery markets.  ALYI is fulfilling an initial $2 million order and anticipates EV sales from its current program to grow to a potential $10 million in sales this year.

ALYI is now preparing to introduce a new EV sales program expected to geographically and monetarily expand sales.

Revolt Token Corporation (RVLT) yesterday announced RVLT CEO Henryk Dabrowski will publish a management update next week on Tuesday, March 1, 2022.

Revolt is an Ethereum-based asset committed to financing the development of a comprehensive electric vehicle (EV) ecosystem in the African rideshare market.

Revolt Token specifically backs the growth of the Alternet Systems, Inc.’s (OTC Pink: ALYI) Electric Vehicle (EV) Ecosystem which now includes Waterpure International, Inc. (OTC Pink: WPUR), and Priority Aviation, Inc. (OTC Pink: PJET).

RVLT’s update next week will include details on ALYI’s new EV sales program to include cryptocurrency payments.

Learn more about Revolt Token at 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.

Alternet Systems, Inc.
Randell Torno
info@lithiumip.com
+1-800-713-0297

FAQ

What is the latest news on Alternet Systems, Inc. (ALYI)?

Alternet Systems, Inc. announced an expansion of its electric vehicle operations and will begin accepting cryptocurrency for purchases.

How much is Alternet Systems anticipating in sales this year?

ALYI anticipates reaching $10 million in sales this year from its electric vehicle program.

In which cities is ALYI currently operating?

Alternet Systems is currently operating in Addis Ababa, Ethiopia, and Nairobi, Kenya.

What is the value of ALYI's current order?

ALYI is fulfilling an initial order worth $2 million.

What can we expect from Revolt Token regarding ALYI's EV program?

Revolt Token is set to release a management update that will include details on ALYI's new EV sales program and cryptocurrency payments.