ALYI - Alternet Systems Enters $9 Billion Electric Vehicle Market With Patented Technology Forbes Describes As Essential
April 24 2018 - 10:03AM
InvestorsHub NewsWire
ALYI - Alternet Systems Enters $9 Billion
Electric Vehicle Market With Patented Technology Forbes Describes
As Essential
Dallas, TX -- April 24,
2018 -- InvestorsHub NewsWire -- 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: 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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