ALYI Stands To Benefit From Biden Support For Electric Vehicles
November 09 2020 - 9:35AM
InvestorsHub NewsWire
Dallas, TX -- November 9, 2020 --
InvestorsHub NewsWire -- Alternet Systems, Inc. (USOTC:
ALYI) today highlighted President Elect Biden’s support for the
Electric Vehicle (EV) industry and the potential benefit ALYI could
enjoy from the EV market wide momentum generated from EV conducive
policy. The Wall Street Journal published an article this
morning emphasizing President Elect Biden’s position on
EVs:
ALYI has made substantial progress this
year in advancing the development of its overall electric mobility
ecosystem. ALYI management expects November and December to
be exceptionally active for the company after recently executing a
milestone multiparty agreement instrumental in the rollout of an
electric vehicle race to be the anchor event in an annual electric
mobility symposium central to the company’s electric mobility
ecosystem. The company anticipates more details on the race to
revealed soon.
Management expects to imminently introduce
an additional new electric motorcycle design path expanding upon
its current BMW R71 electric clone and its current electric
motorcycle development for the African taxi (Boda)
market.
The company’s financing partner
RevoltTOKEN, continues to execute necessary steps required to
launch its Initial Cryptocurrency Offering (ICO). An update
from RevoltTOKEN is excepted later this
week.
“We are optimistic that ALYI is at the
right place with its electric mobility ecosystem at the right time
as new President prepares to enter the White House with electric
vehicles on his agenda,” said Randell Torno, CEO of
ALYI.
For more
information and to stay up to date on ALYI’s 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. Contact:
Randell Torno
info@lithiumip.com
+1-800-713-0297
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