ALYI - Alternet Systems Highlights Mercedes-Benz EV Shared Ride Initiative In Europe
November 08 2019 - 9:21AM
InvestorsHub NewsWire
ALYI – Alternet Systems Highlights
Mercedes-Benz EV Shared Ride Initiative In Europe
Dallas, TX --
November 8, 2019 -- InvestorsHub NewsWire -- Alternet Systems, Inc.
(USOTC:
ALYI) today highlighted the Mercedes-Benz electric vehicle (EV)
shared ride initiative in Europe. ALYI management points to
the Mercedes-Benz European initiative as a validation for ALYI’s EV
shared ride initiative in Africa. In 2017, Mercedes-Benz Vans
joint ventured with Via, the developer of a shared ride technology,
to form ViaVan with the objective of working closely with cities
and public transit operators to power dynamic shared and electric
mobility services that complement existing transportation
infrastructure. Yesterday, ViaVan announced a new initiative
in Amsterdam.
ALYI is
developing $300 million in electric vehicle projects in Africa
targeting the shared ride market. The company has signed
orders to produce in Africa, electric motorcycles with a side car
initially for shared ride providers in Kenya. The company
successfully passed an electric motorcycle prototype testing
milestone recently and anticipates having its production design
pilot motorcycle completed any day. ALYI has also recently
announced a $100 million cryptocurrency investment strategy
targeted at expanding beyond the company’s existing $300 million in
electric vehicle projects in Africa.
For more
information, please visit: http://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.
Alternet
Systems, Inc. Contact:
Randell Torno
info@lithiumip.com
+1-800-713-0297
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