ALYI - Alternet Systems Inc Electric Vehicle Strategy Validated by Latest Industry Research and 2023 Forecast with CAGR of 20%
October 30 2018 - 10:51AM
InvestorsHub NewsWire
ALYI - Alternet Systems Inc
Electric Vehicle Strategy Validated by Latest Industry Research and
2023 Forecast with CAGR of 20%
Dallas, TX -- October
30, 2018 -- InvestorsHub NewsWire -- Alternet Systems, Inc.
(USOTC:
ALYI) (“ALYI”) today announced a new Electric Vehicles Motor Market 2018 Industry
Research Report that management views as a validation of the
company’s electric vehicle strategy. The Industry includes a
global forecast to 2024 with electric vehicle growth anticipated to
expand at a CAGR of 20% through 2023.
Alternet has recently announced 2018 revenue reaching $1 million in
conjunction with current orders for ReVolt
Electric Motorcyles. Goldman
Small Cap Research recently issued an updated research report on
ALYI. The report includes a 'speculative-buy' rating
with a target price-per-share of $0.09. The
report provides an in-depth overview and analysis of Alternet's new
strategy, new orders, and upcoming milestones. To view the report,
along with disclosures and disclaimers,
visit https://www.alternetsystemsinc.com/research-rpt/
or http://www.GoldmanResearch.com.
Management indicates that the company will engage Goldman to issue
another update in the event the company reaches its first million
in revenue by year end, 2018.
Alternet Launches Hemp Supercapacitor
Initiative
Alternet recently announced engaging Clarkson University Professor David
Mitlin as part of a new initiative to explore hemp-based
technologies for energy storage. Professor Mitlin is a leading
expert in electrochemistry and a pioneer in the use of hemp as a
clean, renewable energy in the form of a
supercapacitor. Supercapacitors are ideal components for
electric vehicles and other high impact electric applications.
Mitlin has successfully used hemp bast - the fiber left over from
processing hemp - to construct carbon nanosheets that compete with,
and in some respects, outperform the supercapacitor performance
derived from graphene nanosheets.
About : Alternet Systems, Inc.: Alternet
Systems, Inc. (OTC
- ALYI) is focused on offering varied,
environmentally sustainable, energy storage solutions for targeted
markets, including consumer electric vehicles and military
applications. The first product category is lithium battery-powered
motorcycles, to be followed by motorbikes. These products are
released through its newly launched ReVolt Electric Motorbikes
subsidiary.
http://www.AlternetSystemsInc.com
Learn more about ReVolt
Electric Motorbikes: http://www.revoltmotorbikes.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
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