ALYI Announces M&A Pipeline For $365 Billion Electric Vehicle Market
March 26 2019 - 08:50AM
InvestorsHub NewsWire
ALYI Announces M&A Pipeline For
$365 Billion Electric Vehicle Market
Dallas, TX -- March 26, 2019 -- InvestorsHub NewsWire --
Alternet Systems, Inc. (USOTC:
ALYI) (“ALYI”) announced today releasing details on its merger
and acquisition pipeline (M&A) intended to expand its electric
vehicle (EV) production capacity and advance its technology
innovation. Last month, the company announced specific plans to
pursue the acquisition of a shuttered electric car manufacturing
plant. Subsequently, the company announced the shuttered car
plant acquisition was part of a larger overall M&A
initiative. Below and on the company’s website are the
details driving ALYI’s overall M&A strategy to include
specifics on the company’s current M&A pipeline.
ALYI M&A Overview
The future magnitude of the electric vehicle (EV) market is
certain. EV transportation will be the predominant mode of
transportation in the future. Market Research Future (MRFR)
forecasts that the EV market will reach a USD 356.5 billion valuation
by 2023, increasing from a USD 106.5 Billion valuation
calculated in 2016. The details of how the EV market grows
from where it is today to becoming the predominant mode of
transportation worldwide is less certain. ALYI is
implementing a plan designed to accommodate and capitalize on the
uncertainty.
The technology that powers future EV’s is likely not yet
invented or discovered. Lithium batteries are the predominant
energy storage solution today, but the scarcity of lithium and the
volatility of lithium batteries make it an unlikely long-term
solution. The lithium energy storage dominance is likely to
pass and a large infrastructure investment in a lithium energy
storage solution today could turn into a boat anchor tomorrow.
In fact, battery technology in general is likely to be
surpassed by the evolution of supercapacitors making battery
investment today a high-risk prospect. Going even one step
further, EV design so far has simply mirrored combustion engine
vehicle design only replacing the combustion engine with an
electric motor. What likely makes more sense, is a smaller
electric motor for every wheel synchronized by software.
How does one build a mass EV production capability today using
the technology available today and maintain the flexibility to
deliver the EV product tomorrow using the technology yet to be
discovered? The short answer is probably that a mass
production capacity is premature and likely to not be
sustainable. Not naming any names here, but I think you can
guess at an endeavor that meets the definition of a premature mass
production attempt that will likely not sustain in the
long-term.
Here at ALYI we believe the strategy is to coordinate existing
technologies into just-in-time production scenarios for specific
orders. In other words, we will continue to design EV
products such as our ReVolt Electric Motorcycle and coordinate
production capacity, but not pull the trigger until we have
orders. We don’t believe the market is mature enough to
justify building inventory. The inventory could be outdated
overnight.
ALYI M&A To Diversify Product Line
We do believe the market is ready for a diverse line of EV
products and we intend to diversify beyond our existing electric
motorcycle product. A great deal of investment has gone into
EV’s market wide and many such investments have failed to make it
to revenue production and are now otherwise dormant. At ALYI,
we see a tremendous opportunity to purchase such dormant
investments at a discount of the original investment. In this
manner, we can mitigate the risk of the technology becoming
outdated before we can generate revenue. We have a current
pipeline of dormant EV production assets that are in various stages
of acquisition vetting and negotiation.
China represents the leading market today for EVs. As
such, China is likely to also lead the EV technology
revolution. Accordingly, our pipeline of potential
acquisitions includes assets in China.
ALYI M&A To Drive Innovation
Hera at ALYI, we believe the core of any sustainable EV strategy
will be driven by technology innovation. Hence, we have
initiated our hemp energy storage initiative investing in the
likelihood that neither lithium nor batteries will represent the
future of energy storage in the EV sector. We are similarly
exploring other technologies that will provide ALYI both short-term
and long-term differentiation in the evolution of the EV
market. We are certain that a merger and acquisition strategy
will serve ALYI well in its objective of leading with technology
innovation.
Now that we have outlined our strategy for using mergers and
acquisitions to reach our EV diversification objectives and
technology innovation goals, shareholders can look forward to soon
hearing about specific merger and acquisition opportunities.
Stay tuned.
About ALYI
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. ALYI has recently announced $2 million in orders of its
Revolt Electric Motorcycles. ALYI also recently launched a hemp
energy storage initiative.
Research Report Speculative Buy Rating And $0.09 Target
PPS
Goldman Small Cap Research recently issued a research report
update on the Company. The report confirms 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-update
or http://www.GoldmanResearch.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.
For more information, please visit: http://www.alternetsystemsinc.com
Alternet Systems, Inc. Contact:
Randell Torno
info@lithiumip.com
+1-800-713-0297
Alternet Systems (CE) (USOTC:ALYI)
Historical Stock Chart
From Feb 2024 to Mar 2024
Alternet Systems (CE) (USOTC:ALYI)
Historical Stock Chart
From Mar 2023 to Mar 2024