ALYI Electric Vehicles, Ecosystems, Cryptocurrency, and Global Brand Names All-In-One
September 24 2021 - 11:38AM
InvestorsHub NewsWire
Dallas, TX --
September 24, 2021 -- InvestorsHub NewsWire
-- Alternet
Systems, Inc. (USOTC:
ALYI) (“ALYI”) has recently announced that it expects to
generate its first revenue this year from the sale of electric
vehicles.
Specifically,
ALYI intends to generate $2 million by year end from the sale of
electric motorcycles. The company yesterday announced it might add
to the $2 million figure with the additional sales of three wheeled
electric vehicles under a second
contract.
ALYI
management repeatedly emphasizes that the electric vehicles are
just the tip of an overall electric vehicle
ecosystem backed by a dedicated cryptocurrency called
Revolt
Token.
Herein, ALYI
lays out its plan to assemble under one globally recognized brand
name, a comprehensive electric vehicle ecosystem
through a combination
of partnerships, contracts, acquisitions and
investments.
Much More To
An Electric Vehicle Than The Replacement Of A Combustion
Engine
Electric
vehicles require a whole new breed of design and engineering, from
the vehicle as a whole, down to each and every component part, from
the component function to the subcomponent function, and the
material it’s all made from. There is much more to an
electric vehicle than the replacement of a combustion
engine.
Battery
technology is a much talked about critical pacing item to the
overall advance of electric vehicles. However, the charging
network may be just as critical a pacing item. You currently
cannot simply pull into a charging station and in five minutes,
charge your car the way you would tank up on gas. What about
the source of electricity? All those cars will have to be
charged now the electric infrastructure that is already keeping on
all the lights and air conditioners, hot water heaters, computers,
and mobile phones.
What about the
manufacturing and assembly infrastructure, and the sales and
marketing support, and the distribution channels? Of course,
all of this will take investment capital to
build.
The Electric
Vehicle Is The Consumer Point Of Contact In The Overall EV
Ecosystem
An electric
vehicle is the point of consumer contact in an overall electric
vehicle ecosystem where all the components of the ecosystem come
together to deliver a transportation
service.
In a region
such as the United States, where the transportation market is
saturated with existing combustion engine vehicles, the rollout of
electric vehicles will be affected by getting consumers to exchange
combustion engine vehicles for electric
vehicles.
Electric
vehicle purveyors in the United States will have the advantage and
challenge of addressing existing consumer transportation
expectations formed around combustion engine
vehicles.
Electric
vehicle innovations that deviate from existing combustion engine
consumer expectations might be rejected by consumers regardless of
the advantages of any particular
innovation.
At the same
time, electric vehicle purveyors in the United States can avoid the
expense of innovation and produce a product that minimally utilizes
the advantages of electric power and is seemingly the same as the
consumers old combustion engine vehicle except for now being
powered by an electric
motor.
ALYI’s
Electric Vehicle Ecosystem
Strategy
ALYI is
building an entire electric vehicle ecosystem to address all
components of the comprehensive process behind the consumer
electric vehicle point of contact in the overall transportation
experience.
ALYI is
launching its electric vehicle ecosystem in Africa where the
transportation market is far from saturated and the opportunity
exists to introduce consumers to a transportation solution for the
first time, rather than convincing them to exchange one mode of
transportation for
another.
Africa and the
rest of the world’s developing economic regions where ALYI will go
next, provide a technology leapfrog opportunity. The United
States and other economically developed regions are resistant to
innovation when the innovation requires replacing an existing
solution. Purveyors in developed economic regions are
resistant to spending money on an innovation that may produce a
superior solution, when a passable and profitable solution is
already in place, and consumers are resistant to adopting any
change in their daily
routine.
The best
opportunity for electric transportation innovation resides in the
developing economic regions of the
world.
ALYI
Assembling Electric Vehicle Ecosystem Component Experts Under A
Global Brand
ALYI
management does not plan to build all the electric vehicle
ecosystem expertise in house. Such a strategy would be sheer
folly as the range of expertise is so
vast.
ALYI is
otherwise assembling the component expertise under one brand name
with the key strategic initiative being to make that brand name
globally recognized.
ALYI is
assembling the component expertise through a combination of
partnerships, contracts, acquisitions and investments. For
example, ALYI anticipates making two acquisitions prior to
year-end. One in conjunction with ALYI’s electric motorcycle
business and one in conjunction with the ALYI’s branding strategy
where ALYI will be connected with an existing, globally recognized
electric vehicle racing brand. ALYI has also made a strategic
investment in an innovative, technology driven, car rental company
concentrating on developing economic regions with a substantial
existing footprint in India.
Tapping Into
Cryptocurrency Innovations To Capitalize An Electric Vehicle
Ecosystem
ALYI elected
to be a publicly traded company in order to form capital necessary
to invest in its electric vehicle ecosystem
strategy.
ALYI has also
formed a partnership with Revolt Token to further access capital
for its electric vehicle ecosystem
strategy.
ALYI has
partnered with Revolt Token to finance ALYI’s growth by offering
democratized participation in the electric vehicle 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
Alternet Systems (CE) (USOTC:ALYI)
Historical Stock Chart
From Mar 2024 to Apr 2024
Alternet Systems (CE) (USOTC:ALYI)
Historical Stock Chart
From Apr 2023 to Apr 2024