ALYI - Alternet Systems Targets Underserved Niche In $567 Billion Electric Vehicle Market Opportunity
July 26 2018 - 11:56AM
InvestorsHub NewsWire
Alternet Systems Targets Underserved Niche
In $567 Billion Electric Vehicle Market
Opportunity
Dallas, TX -- July 26, 2018 -- InvestorsHub
NewsWire -- Alternet Systems, Inc. (USOTC:
ALYI) today announced two online presentations with new details
on the company’s recent launch of its ReVolt Electric Motorbikes
subsidiary. Alternet launched ReVolt as part of a strategy to
commercialize a proprietary lithium battery technology.
ReVolt is targeting a substantial but underserved segment of the
global electric vehicle (EV) market. According to a new
report published by Allied Market Research, the global EV market
was valued at an estimated $119 billion in 2017, and is
expected to reach an estimated $567 billion by 2025,
growing at a CAGR of 22.3% from 2018 to 2025. Currently the
number of motorcycle units sold annually on a global basis,
approximately 130 million, substantially exceeds the approximate 80
million automobile units sold annually. Alternet has
identified electric motorcycles as an underserved niche within a
giant market opportunity. With its first electric motorcycle
in pilot production and a limited commercial launch targeted for
this year’s holiday season, Alternet management recently published
two online presentations with new details about the company’s
ReVolt Electric Motorbikes subsidiary. One presentation is a
progress update on the pilot production to
include photos of the delivery of the pre-converted, retro-classic
designed motorcycle with side car, and the second presentation is
an overview of the company’s complimentary initiative to introduce
an electric vehicle purchase finance
capacity. Both presentations are available on the
company’s website.
Learn
more on the company's websites: www.lithiumip.com
and 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
https://www.otc-alyi.com/contact/
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