ALYI Points To Tesla Flaws And Alternatively Introduces Electric Vehicle Innovation Consolidation Strategy
March 27 2019 - 09:18AM
InvestorsHub NewsWire
ALYI Points To Tesla Flaws And
Alternatively Introduces Electric Vehicle Innovation Consolidation
Strategy
New York, NY -- March 27, 2019
-- InvestorsHub NewsWire -- www.nextbigticker.com -- In a bold
move, Alternet Systems, Inc. (USOTC:
ALYI) took a shot at Tesla’s (NASDAQ:
TSLA) overall electric vehicle strategy. ALYI made some
compelling arguments that the key technologies behind the
inevitable future of eclectic vehicles just haven’t been invented
yet.
“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.”
ALYI pointed out in a not too subtle
manner that Tesla has probably built too big, too fast based on
technology that is not sustainable.
“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.”
ALYI is apparently now on the hunt for all
the orphaned EV related technology innovations that might prove to
be the future of the EV market. ALYI plans to start rolling
them up in an M&A campaign. ALYI just might be on to
something here.
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.
Source: www.nextbigticker.com
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