Alternet Systems Electric Motorcycle Positioned For Dual Income Streams From $22 Billion Market
June 01 2018 - 9:39AM
InvestorsHub NewsWire
Dallas, TX -- June 1, 2018 -- InvestorsHub
NewsWire -- Alternet Systems, Inc. (USOTC:
ALYI) today announced the company plans to establish two
revenue streams within the global electric motorcycle market
estimated by Global Market Insights to exceed $22 billion by
2024. In April this year, Alternet launched its new ReVolt
Electic Motorbikes business utilizing the company’s growing and
evolving portfolio of lithium battery technologies. 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.
ReVolt is developing a rugged, utility daily driver electric
motorcycle for introduction into the developing economic markets of
Africa next year. The recent report from Global Market
Insights validates Alternet’s strategy to establish a second
revenue stream within the global electric motorcycle market with
the sales of lithium-ion batteries to power any electric
motorcycle.
“Our
business focus is on rugged, sustainable power solutions,” said
Randell Torno, CEO of Alternet. “Our portfolio of technology is
centered today on lithium-ion batteries and that portfolio is
growing and evolving. We firmly believe the best way to
develop rugged and sustainable power solutions that are
consistently dependable is through the simultaneous integration of
those power solutions into rugged operating environments.
Hence the introduction of ReVolt and our ongoing military defense
work. Adding electric motorcycle lithium-ion battery sales to
ReVolt electric motorcycle sales is in line with Alternet’s focus
on rugged, sustainable power solutions.”
Learn
more about ReVolt’s on the company’s website: www.revoltmotorbikes.com
Learn
more about Alternet Systems on the company's website:
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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