IQST - iQSTEL Announces New Electric Vehicle Division Expanding On ALYI Initiative
June 17 2021 - 10:10AM
InvestorsHub NewsWire
New York, NY --
June 17, 2021 -- InvestorsHub NewsWire -- iQSTEL, Inc. (OTCQB:
IQST) today announced the company has undertaken the launch of
a new, dedicated Electric Vehicle (EV) Division to expand beyond
the work started in conjunction with iQSTEL’s initiative with
Alternet Systems, Inc. (ALYI).
See latest news
from ALYI:
ALYI EV
Rideshare And Self-Drive Rental Pilot On Track Targeting $4 Billion
African Market
iQSTEL is working with ALYI’s
MODUS EV design team to create an EV-Battery, IoTSmartEV device and
Motorcycle Dashboard Display.
Now iQSTEL plans to build a One-Stop-Shop (O-S-S) to offer an
overall, comprehensive EV Battery solution to include Battery
Chargers, Battery Management Software (BMS), integrated Internet of
Things (IoT) and Motorcycle Dashboard
Displays.
The new iQSTEL EV Battery
Division will benefit ALYI with our investment in new resources and
focus. At the same time, it will diversify iQSTEL and expand
our overall growth potential across Latin America and
Africa.
Look for more news soon on our
EV Battery Division business and marketing
plan.
About iQSTEL
Inc.:
iQSTEL Inc (OTC:
IQST) (www.iQSTEL.com)
is a US-based publicly-listed company offering leading-edge
Telecommunication, Technology and Fintech Services for Global
Markets, with presence in 13 countries. The company provides
services to the Telecommunications, Electric Vehicle (EV),
Liquid Fuel Distribution, Chemical and Financial Services
Industries. iQSTEL has 4 Business Divisions: Telecom, Technology,
Fintech and Blockchain, with worldwide B2B and B2C customer
relations operating through its subsidiaries: Etelix, SwissLink,
QGlobal SMS, SMSDirectos, IoT Labs, Global Money One and itsBchain.
The Company has an extensive portfolio of products and services for
its clients: SMS, VoIP, 4G & 5G international infrastructure
connectivity, Cloud-PBX, OmniChannel Marketing, IoT Smart Electric
Vehicle Platform, iQ Batteries for Electric Vehicles, IoT Smart Gas
Platform, IoT Smart Tank Platform, Visa Debit Card, Money
Remittance, Mobile Number Portability Application MNPA (Blockchain
Platform) and Settlement & Payments Marketplace (Blockchain
Platform).
Safe Harbor Statement: Statements in
this news release may be "forward-looking statements".
Forward-looking statements include, but are not limited to,
statements that express our intentions, beliefs, expectations,
strategies, predictions or any other statements relating to our
future activities or other future events or conditions. These
statements are based on current expectations, estimates and
projections about our business based, in part, on assumptions made
by management. These statements are not guarantees of future
performance and involve risks, uncertainties and assumptions that
are difficult to predict. Therefore, actual outcomes and results
may, and are likely to, differ materially from what is expressed or
forecasted in forward-looking statements due to numerous factors.
Any forward-looking statements speak only as of the date of this
news release and iQSTEL Inc. undertakes no obligation to update any
forward-looking statement to reflect events or circumstances after
the date of this news release.
iQSTEL
Inc.
IR US Phone: 646-740-0907, IR Email:
investors@iqstel.com
Source: iQSTEL Inc. and its
subsidiaries: www.iqstel.com
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