ALYI Announces ReVolt Electric Motorbikes To Produce Lithium Battery Powered Motorcycles For US and International Markets
April 17 2018 - 9:29AM
InvestorsHub NewsWire
Dallas, TX -- April 17,
201 -- InvestorsHub NewsWire -- Alternet Systems, Inc. (USOTC:
ALYI) announces, ReVolt Electric Motorbikes, a new company
conceived by Alternet Systems, Inc. (USOTC: ALYI) and launched as
an Alternet subsidiary. Alternet is applying
its portfolio of lithium
battery technologies to empower commercially viable,
environmentally sustainable alternatives to existing consumer
markets. ReVolt has partnered with a manufacturing company to
first produce a motorcycle based on the 1930's BMW R71 motorcycle
with sidecar utilized by the German Army in WWII. The ReVolt
Classic Electric Motorbike with Sidecar will be powered by an
electric motor utilizing an Alternet Systems designed lithium
battery solution.
The pilot ReVolt Classic
Electric Motorbike with Sidecar is under construction now and
expected to be complete early this summer for evaluation and
testing. The company plans to have a limited production final
product ready for the holiday season. The pilot ReVolt
Classic Electric Motorbike will be on display at various trade
shows leading up to the holiday season.
This classic motorcycle design has been seen in countless movies to
include The Great Escape staring Steve McQueen, an avid motorcycle
enthusiast and racer. The movie includes a famous motorcycle
chase where Steve McQueen rides a
German Military motorcycle pursued by German soldiers riding the
same.
Long-Term Plan To Deliver Electric Motorbikes To Developing
Economic Markets
The long-term object of ReVolt Electric Motorbikes is to become a
leader in the production of electric motorbikes as daily drivers in
the developing economic regions of the world were motorcycles,
scooters and mopeds are the primary mode of transportation. The
current global market for motorcycles, scooters and mopeds is
approximately 130 million units per year resulting in $120 billion
in annual sales. As per capita income in developing economic
regions continues to improve, motorcycle, scooter and moped sales
are correspondingly expected to grow. Global automobile sales
in 2018 is expected to reach just 80 million
units.
ReVolt Electric Motorbikes strategic plan is to 1.) establish a
manufacturing capacity and to
2.) refine the Alternet Lithium Battery Technology through the
production and sales of a fun, useful and affordable electric
motorbikes based on classic motorcycle designs for the U.S.
consumer market. With a manufacturing capacity established
and a lithium battery technology on the market, ReVolt Electric
Motorbikes plans to begin delivering a line of daily driver
electric motorbikes to developing economic regions.
Keep up with ReVolt’s latest developments by checking back
periodically to the company’s website: www.revoltmotorbikes.com
Learn more on the company's website: www.otc-alyi.com or www.lithiumip.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
https://www.otc-alyi.com/contact/
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