ALYI Highlights Essential IQST EV Battery Technology Contribution As Potential Market Leader
October 14 2021 - 09:14AM
InvestorsHub NewsWire
Dallas, TX --
October 14, 2021 -- InvestorsHub NewsWire
-- Alternet
Systems, Inc. (USOTC:
ALYI) (“ALYI”) has released a snapshot taken in the design shop
of its Retro Revolt Electric Motorcycle prototype number two in
final assembly. The first
prototype was released earlier this year. The purpose of
the second prototype initiative was to move the motor to the rear
hub making more frame space available for increased battery
capacity.
ALYI EV
Research and Development Workshop with Revolt Rear Wheel Motor
Hub
ALYI EV Research and Development
Workshop
ALYI has undertaken the design and
development of an electric motorcycle intended to build, advance,
and expand the company's overall proprietary electric vehicle
intellectual property.
As part of the ongoing research
initiative, ALYI has engaged iQSTEL (OTCQX:
IQST) to design a battery solution that meets the challenging
requirements specific to an electric motorcycle constrained by
limited space for a battery. ALYI indicates that IQST has clearly
set itself apart in the electric motorcycle market for battery
solutions and expects IQST to even be potentially recognized
industry wide as a leading solution for smaller electric vehicle
battery solutions.
The ALYI Retro Revolt Electric
Motorcycle is a byproduct of the company's research initiative. To
support the company's ongoing electric vehicle research and to also
support the company's branding as an electric vehicle market
contender, ALYI will produce a limited series of Retro Revolt
Electric Motorcycles for sale in North America.
ALYI is a
comprehensive electric vehicle
ecosystem company.
ALYI management repeatedly
emphasizes that the electric vehicles are just the tip of an
overall electric vehicle ecosystem.
ALYI has recently published an overview of its electric vehicle
ecosystem strategy covering both the design and production of
electric vehicles and the array of impacts and considerations
necessary for electric vehicles to replace combustion engine
powered transportation to include the increased production of
electricity:
ALYI –
Understanding The Cryptocurrency Backed EV Ecosystem Behind The EV
Company
ALYI is launching its electric
vehicle ecosystem in Africa where the transportation
market is far from saturated and the opportunity exists to
introduce consumers to a transportation solution for the first
time, rather than convincing them to exchange one mode of
transportation for another.
Africa and the rest of the
world's developing economic regions where ALYI will go next,
provide a technology leapfrog opportunity. The United
States and other economically developed regions are resistant
to innovation when the innovation requires replacing an existing
solution. Purveyors in developed economic regions are resistant to
spending money on an innovation that may produce a superior
solution, when a passable and profitable solution is already in
place, and consumers are resistant to adopting any change in their
daily routine.
ALYI believes the best opportunity
for electric transportation innovation resides in the developing
economic regions of the world.
ALYI is kicking off its electric
vehicle ecosystem strategy in Africa with the
introduction of electric motorcycles into the motorcycle taxi
market. ALYI has recently announced that it expects to generate its
first revenue this year from the sale of electric motorcycles
in Africa designed for the motorcycle taxi market.
Specifically, ALYI intends to generate $2 million by year
end from the sale of electric motorcycles.
ALYI has partnered with Revolt
Token to finance ALYI's growth by offering democratized
participation in the electric vehicle ecosystem through the sale of
Revolt Tokens.
To learn more about Revolt Token
and how to participate in ALYI's electric vehicle ecosystem through
the purchase of Revolt Tokens, visit https://rvlttoken.com/.
For more information and to stay up
to date on ALYI's overall latest developments, please
visit www.alternetsystemsinc.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
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