ALYI - Alternet Systems Announces $1 Million ReVolt Electric Motorcycle Order
September 07 2018 - 9:03AM
InvestorsHub NewsWire
Dallas, TX -- September 7, 2018 -- InvestorsHub
NewsWire -- Alternet Systems, Inc. (USOTC:
ALYI) today announced an order for 100 of its ReVolt
Electric Motorcycles. The price per unit is $10,000
making the order total $1 million. The ReVolt Electric
Motorcycle is a stylish retro design with a rugged structure coming
with two saddle seats and a side car. This order is intended
to support a new inner-city shared ride initiative in Africa.
Electric rickshaws similar to the motorized
rickshaws common in the streets in India are already finding their
way to Africa in Uber like services. Uber itself recently announced
a shift away from cars to electric bikes and scooters for short
inner-city trips. Inner-city electric scooter service
providers such as Lime and Bird have already reached billion-dollar
valuations. The North American market alone for electric
scooters is expected to reach $795 billion by 2025.
Alternet’s ReVolt Electric Motorcycle is currently in pilot
production. The order is contingent on a successful test of
the pilot electric motorbike expected to take place before the end
of this year. If the test is successful, the first 30
electric motorcycles will then go into production. The total
order calls for a phased delivery over a 2-year
period.
ReVolt
is founded on Alternet Systems overarching strategy to
commercialize advanced energy storage technologies by integrating
the technologies into specific products and services. The
company plans to imminently launch a new website with more details
on the its latest advanced energy storage developments, progress
with ReVolt Electric Motorbikes and other projects underway to
commercialize advanced energy storage
technologies.
Learn
more on the company's website (soon to be updated): www.lithiumip.com
Learn
more about ReVolt Electric Motorbikes:
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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