Alternet Sys Stock Price, News & Analysis

Alternet Systems (OTC Pink: ALYI) provided a management update regarding its electric motorcycle development program. The company is collaborating with MODUS Applied Innovations and iQSTEL to enhance its EV technologies. The pilot program for electric motorcycle rideshare and self-drive rentals in Africa is on track, aiming for a rollout next month. ALYI has secured an order for 2,000 electric motorcycles for deployment in Kenya's motorcycle taxi market, estimated at $4 billion. This initiative aims to create a comprehensive electric vehicle ecosystem in Sub Saharan Africa.

Alternet Systems (OTC Pink: ALYI) completed a review of its electric motorcycle development program with MODUS Applied Innovations. The review confirmed that ALYI is on track for its EV Rideshare and Self-Drive Rental pilot in Africa. An order for 2,000 electric motorcycles is set for delivery in Kenya, aiming to capture the $4 billion motorcycle ride-hail market. ALYI plans to implement a self-drive rental program similar to Bird's scooter model. Additionally, the company is creating an electric vehicle ecosystem in Sub-Saharan Africa.

Alternet Systems, Inc. (ALYI) announced plans to deliver its first rideshare electric motorcycles to Kenya by July 2021, targeting the $4 billion African motorcycle taxi market. The company aims to deploy 2,000 electric motorcycles, introducing a self-drive rental program similar to Bird's electric scooters. ALYI's broader strategy involves creating a comprehensive electric vehicle ecosystem in Sub Saharan Africa, emphasizing the importance of infrastructure such as charging stations and long-range batteries. The initiative is supported by funding from RevoltTOKEN.

Alternet Systems (ALYI) highlighted the recent surge of Ethereum and its impact on the Revolt Token, integral to ALYI's Electric Vehicle (EV) Ecosystem. Ethereum surpassed $3,000, realizing a year-on-year growth of 1.359%. Currently, Revolt Tokens can be acquired through cryptocurrency exchanges or wire transfers, with plans to enable credit card purchases soon. Additionally, the management update aligns ALYI's strategies with Tesla's successes in Carbon Credits and Bitcoin. ALYI remains optimistic about the future of Revolt Tokens and their market potential.

Alternet Systems, Inc. (ALYI) has released a management update in connection with its FY2020 Annual Report, focusing on its Electric Vehicle Ecosystem aimed at enhancing electric transportation technologies.

The company is progressing with an initial order of 2,000 electric motorcycles for Africa, targeting the boda boda market. A recent $1 million investment will expand ALYI's ecosystem, including geographical reach beyond East Africa. Furthermore, ALYI is leveraging cryptocurrency through Revolt Tokens to attract investments for its initiatives.

Alternet Systems, Inc. (ALYI) announced an update regarding its finance partner, RevoltTOKEN, which has launched the Revolt Token (RVLT) to support ALYI's Electric Vehicle (EV) Ecosystem. RVLT tokens are currently available for purchase and will soon be tradeable on exchanges like Coinbase. The Revolt Motorcycle marks the initial launch of ALYI's EV Ecosystem. CEO Henryk Dabrowski highlighted the positive impact of Coinbase's direct listing on the cryptocurrency market, emphasizing market maturity and growing acceptance.

On April 8, 2021, Alternet Systems, Inc. (ALYI) announced a new agreement to expand its electric vehicle ecosystem beyond rideshare services and its East African focus. This multitiered deal includes a strategic investment viewed as confirmation of ALYI's value potential. It is expected to strengthen ALYI's balance sheet in the coming year. Specific details will be shared in the FY2020 annual report. This development follows the release of a video showcasing ALYI's first electric motorcycle, highlighting the company's broader electric vehicle strategy.

Alternet Systems (USOTC: ALYI) released a strategic update on March 23, 2021, highlighting the significance of its Retro Revolt Electric Motorcycle demonstration. This motorcycle is part of ALYI's broader mission to develop an electric vehicle ecosystem, focusing on opportunities in Africa. The company aims to introduce advanced technologies without the burden of legacy systems, particularly targeting the boda-boda motorcycle taxi market. ALYI has formed partnerships with MODUS and iQSTEL to enhance its electric motorcycle design and is also promoting cryptocurrency through RevoltTOKEN to fund its ecosystem.

Alternet Systems, Inc. (USOTC: ALYI) announced that design partner MODUS will showcase a video demonstration of ALYI's Retro Revolt Electric Motorcycle. The demonstration highlights a new design feature, aimed at enhancing the motorcycle's cruising range, set to debut in the first 200 units pre-ordered for North America this year. The Retro Revolt is based on the classic BMW R71 frame and has a growing waitlist. The prototype image shared intentionally obscures details to protect intellectual property.