DALLAS, April 24, 2018 /PRNewswire/ --
Alternet Systems, Inc. (USOTC: ALYI) has launched an Electric
Vehicle (EV) business called ReVolt Electric Motorbikes utilizing
the company's portfolio of patented lithium battery technologies
developed by Air Products and Chemicals, Inc. (NYSE: APD) and
tested by Nissan Motor Company, Ltd. A recent research report
released by Global Market Insights, Inc., predicts that the EV
market will surpass $9 billion by
2024. Forbes reports in a recent article that battery technology
and charging infrastructure are the essentials necessary to see the
EV market continue to grow.
Alternet secured the lithium battery technology patents form Air
Products and Chemicals last year. Alternet plans to further develop
and commercialize its lithium battery technology by applying the
technology to specific industrial and consumer applications. The
recent launch of ReVolt Electric Motorbikes is Alternet's first
initiative to apply its lithium battery technologies.
The Alternet lithium battery technologies were originally
developed to provide a stable, long-lasting and safe solution for
the growing electric vehicle (EV), and Hybrid Electric Vehicle
(HEV) market in addition to the portable power (PP) market for the
growing number of personal electronic devices. Among other
features, the Alternet lithium battery technologies expand the
operating temperature window of lithium-ion batteries compared to
currently available lithium-ion batteries thus improving safety by
reducing the risk of combustion and also improving efficiency by
reducing or eliminating a supplemental battery cooling
function.
Alternet has launched ReVolt Electric Motorbikes as a subsidiary
to integrate Alternet's patented lithium battery technology into a
new line of Electric Motorcycles for both domestic and
international markets. ReVolt will start with the production of
retro-classic designs for the US market and later introduce a
utility daily driver for everyday transportation in developing
economic regions. The first motorcycle, currently in pilot
production, is based on BMW's classic, WWII era, R71 motorcycle
with sidecar. ReVolt is planning to produce a limited edition of
the retro-classic electric motorcycle later this year in time for
the holiday season.
Alternet's ReVolt Electric Motorbikes plans to become a world
leader in the production of electric motorcycles by 1.) first
establishing a manufacturing capacity and to then 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:
http://www.revoltmotorbikes.com.
Learn more on the company's website: http://www.otc-alyi.com
or http://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/
SOURCE Alternet Systems, Inc.