IQST - iQSTEL To Introduce Low-Cost Electric Motorcycles In Latam
July 07 2021 - 11:03AM
InvestorsHub NewsWire
New York, NY --
July 7, 2021 -- InvestorsHub NewsWire -- iQSTEL, Inc. (OTCQB:
IQST) today announced the expansion of its recently announced
Electric Vehicle (EV) One-Stop-Shop division
(EVOSS).
IQSTEL has
worked closely on the Alternet Systems, Inc. (ALYI)
Electric Motorcycle Initiative backed by Revolt Token.
IQSTEL’s EVOSS division has supported ALYI’s MODUS design team on
the development of EV Batteries,
EV Chargers,
Battery Management Software, IoT EV Connectivity, an EV Mobile App,
and an EV Dashboard Display. In the course of this work, IQSTEL has
worked with Chinese, American, and Indian, manufactures of EV
industry parts and
motorcycles.
IQSTEL has identified a large market opportunity to sell Low-Cost
Electric Motorcycles in Latam. The Latam Electric Motorcycle market
is incipient with the potential for tens of millions of electric
motorcycles to be deployed.
IQSTEL plans
to deliver its own Electric Motorcycle to the Latam market in
cooperation with its ongoing partnership imitative with ALYI.
IQSTEL will exclusively target the Latam market and not interfere
with ALYI’s Electric Motorcycle target markets in North America and
Africa. IQSTEL and ALYI are cooperating on the use of
intellectual property developed in conjunction with IQSTEL’s work
with ALYI and MODUS.
IQSTEL’s EVOSS Electric Motorcycle Division will offer a Low-Cost
Electric Motorcycle for the Latam market with high tech features
that include IoT Connectivity and Mobile Applications
Ecosystems. The EVOSS Electric Motorcycle initiative includes
a planned financing packaged to be offered through our IQSTEL
Fintech Division which recently launched the MasterCard Money One
(MAXMO) product and will soon launch Visa Money One (VIMO).
Look for more details on IQSTEL’s EVOSS Motorcycle for the Latam
market. IQSTEL anticipates the first EVOSS Electric
Motorcycles to rollout this year by the end of
Q4.
Leandro
Iglesias, CEO IQSTEL commented: “We are proud of our business
execution track record at IQSTEL backed by a corporate culture that
emphasizes delivering on committed plans. With our Telecom
Division, Blockchain Division, and Technology Division success
having respectively delivered on MNPA, IoTSmartGas, IotSmartTANK,
and MAXMO, we are confident in the future of our EVOSS Electric
Motorcycle objectives. Continuing to work with, and draw on
our experience with ALYI, MODUS and Revolt Token, we expect to
successfully penetrate the Latam market with our EVOSS Electric
Motorcycle Ecosystem.
Leandro Iglesias the CEO of iQSTEL, will serve as
the acting EVOSS CEO pending the conclusion of an executive search
to engage dedicated
leadership.
iQSTEL Inc
(OTCQB: IQST)
(www.iQSTEL.com)
is a US-based publicly-listed company with an Independent
Board of Directors offering leading-edge
Telecommunication, Technology and Fintech Services for Global
Markets, with presence in 15 countries. The company provides
services to the Telecommunications, Electric Vehicle
(EV), Financial Services, Chemical
and Liquid Fuel Distribution Industries. iQSTEL has 5 Business
Divisions: Telecom, Electric Vehicle
(EV), Fintech, Technology and Blockchain, with worldwide
B2B and B2C customer relations operating through its subsidiaries:
Etelix, SwissLink, QGlobal SMS, SMSDirectos, Global Money
One, IoT Labs and itsBchain. The Company has an extensive
portfolio of products and services for its clients: SMS, VoIP,
international fiber-optic connectivity for 5G, Cloud-PBX,
OmniChannel Marketing, EV Batteries, EV Chargers, EV Battery
Management System, EV IoT Connectivity, Mobile App For EV
Connectivity, EV Dashboard Display, Visa/Mastercard Debit
Card, Cryptocurrency Exchange Services, Money Remittance,
Mobile Top Up, IoT Smart Gas Platform, IoT Smart Tank
Platform, Mobile Number Portability Application MNPA (Blockchain
Platform) and Settlement & Payments Marketplace SPM (Blockchain
Platform).
Safe Harbor Statement: Statements in
this news release may be "forward-looking statements".
Forward-looking statements include, but are not limited to,
statements that express our intentions, beliefs, expectations,
strategies, predictions or any other statements relating to our
future activities or other future events or conditions. These
statements are based on current expectations, estimates and
projections about our business based, in part, on assumptions made
by management. These statements are not guarantees of future
performance and involve risks, uncertainties and assumptions that
are difficult to predict. Therefore, actual outcomes and results
may, and are likely to, differ materially from what is expressed or
forecasted in forward-looking statements due to numerous factors.
Any forward-looking statements speak only as of the date of this
news release and iQSTEL Inc. undertakes no obligation to update any
forward-looking statement to reflect events or circumstances after
the date of this news release.
iQSTEL
Inc.
IR US Phone: 646-740-0907, IR Email:
investors@iqstel.com
Source: iQSTEL Inc. and its
subsidiaries: www.iqstel.com
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