ALYI EV Battery Strategy Keeps Pace With "It's All About The Batteries" Outlook
Dallas, Texas--(Newsfile Corp. - September 10, 2020) - Alternet Systems, Inc. (OTC Pink: ALYI) today highlighted an article in Barron's featuring an electric vehicle (EV) battery technology backed by Bill Gates and Tesla co-founder, J.B. Straubel. The article characterizes the essential role of advancing battery technology to the ultimate widespread adoption of electric vehicles. Barron's: Another EV Stock Is Coming. This Time It's All About the Batteries. With ALYI's primary focus currently...
2020-09-10 11:40 AM EDT
ALYI Award Winning EV Design Team With More Than 200 Patentable Claims To Be Featured Tomorrow
Dallas, Texas--(Newsfile Corp. - September 10, 2020) - Alternet Systems, Inc. (OTC Pink: ALYI) today confirmed its award winning design team with over 200 patentable claims will be introduced tomorrow, Friday, September 11, 2020 to feature ALYI's future electric vehicle design momentum stemming from lessons learned through work on ALYI's Rideshare ReVolt Electric Motorcycle designed to augment the current Sub-Saharan motorcycle taxi (boda boda) market capacity and in the long-term, evolve the...
2020-09-10 9:15 AM EDT
ALYI Design Team Targets EV Battery Cost And Driving Range Improvements Alongside GM And Tesla
Dallas, Texas--(Newsfile Corp. - September 9, 2020) - Alternet Systems, Inc. (OTC Pink: ALYI), like all electric (EV) vehicle industry participants, recognizes that battery cost and driving range are key factors in clearing the way to the widespread adoption of electric vehicles. Recent battery technology advances are now bringing the EV industry close to a wide spread adoption "tipping point".
2020-09-09 9:16 AM EDT
ALYI EV Initiative Synced With African Financial Market Improving Risk Profile
Dallas, Texas--(Newsfile Corp. - September 8, 2020) - Alternet Systems, Inc. (OTC Pink: ALYI) today highlighted Senegalese President, Macky Sali's initiative to correct the risk profile of sovereign debt in Africa reported in Bloomberg today. "This negative-risk perception is not in tune with the reality of our continent," Sali told the gathering that included the IMF's Kristalina Georgieva. "People think that this is a problematic continent and demand a rate of return that is unparalleled...
2020-09-08 12:42 PM EDT
ALYI EV Battery Technology Under the Spotlight This Friday
Dallas, Texas--(Newsfile Corp. - September 8, 2020) - Alternet Systems, Inc. (OTC Pink: ALYI) today announced the company's battery innovations will be one topic included in the company's industrial design team presentation this Friday, September 11, 2020. The ALYI award winning design team with over 200 patentable claims will be introduced Friday to feature ALYI's future electric vehicle design momentum stemming from lessons learned through work on ALYI's Rideshare ReVolt Electric Motorcycle...
2020-09-08 10:19 AM EDT
ALYI EV Battery Design Draws On Patented Lithium Battery Technology
Dallas, Texas--(Newsfile Corp. - September 4, 2020) - Alternet Systems, Inc. (OTC Pink: ALYI) today announced groundbreaking electric vehicle battery innovation progress that management anticipates could generate an independent stream of revenue adding to the company's current $300 million in projected electric vehicle revenue. The current management team initiated their tenure at ALYI when the company acquired a portfolio of patented battery technologies. The company subsequently initiated...
2020-09-04 11:10 AM EDT
ALYI Electric Vehicle Design Program in the Spot Light
Dallas, Texas--(Newsfile Corp. - September 3, 2020) - Alternet Systems, Inc. (OTC Pink: ALYI) prepares to reveal and feature its industry leading, innovative electric vehicle design program behind the ALYI Rideshare Electric Motorcycle designed to augment the current Sub-Saharan motorcycle taxi (boda boda) market capacity and in the long-term, evolve the entire motorcycle fleet into a safer and environmentally sustainable ecosystem. Next week, on Friday, September 11, 2020, the company's...
2020-09-03 11:00 AM EDT
ALYI Announces Future Electric Vehicle Design Presentation
Dallas, Texas--(Newsfile Corp. - September 2, 2020) - Alternet Systems, Inc. (OTC Pink: ALYI) today announced a presentation next week to be published online from the company's industrial design firm behind the Revolt Electric Motorcycle. The presentation will highlight lessons learned through work on the current version of the Revolt Electric Motorcycle and how those lessons are driving the next generation of innovation. While a hint or two might be released on the current ReVolt Electric...
2020-09-02 2:56 PM EDT
ALYI $100 Million Electric Vehicle Funding Deal Moves Forward
Dallas, Texas--(Newsfile Corp. - September 2, 2020) - Alternet Systems, Inc. (OTC Pink: ALYI) today released new information from its investment partner RevoltTOKEN (www.revolttoken.com). ALYI has entered into a comprehensive funding agreement with RevoltTOKEN that includes an existing $25 million first tranche investment commitment at $0.05 per share. ALYI has initiated a $2.5 million draw down on the first $25 million to begin construction on a 100-acre facility in Africa. Overall,...
2020-09-02 11:47 AM EDT
ALYI Chooses Bigger Investment Market with Less Competition
Dallas, Texas--(Newsfile Corp. - September 1, 2020) - Alternet Systems, Inc. (OTC Pink: ALYI), in advance of a funding release schedule for tomorrow from its investment partner RevoltTOKEN (www.revolttoken.com), announced today its optimism in the success of both realizing its $100 million funding object through RevoltTOKEN's upcoming ICO, and exceeding far beyond its initial $300 million African electric mobility sales goals. ALYI management highlighted today that most other notable electric...
2020-09-01 1:08 PM EDT
ALYI $100 Million Funding Partner Set To Make Announcement Tomorrow
Dallas, Texas--(Newsfile Corp. - September 1, 2020) - Alternet Systems, Inc. (OTC Pink: ALYI) intends to feature a news release tomorrow, September 2, 2020, from its funding partner, RevoltTOKEN (www.revolttoken.com). RevoltTOKEN has recently secured what it refers to as "the last key component" necessary to proceed with a $100 million investment transaction to fund ALYI's $300 million electric mobility initiative in Africa that could soon be a $500 million initiative. ALYI New Electric...
2020-09-01 9:08 AM EDT
ALYI Stands Out Among Electric Vehicle IPOs and SPACs
Dallas, Texas--(Newsfile Corp. - August 31, 2020) - Alternet Systems, Inc. (OTC Pink: ALYI) today highlighted its innovative fundraising approach for its innovative electric vehicle EV solution. While a herd of companies pursue traditional IPOs and SPAC mergers, ALYI stands out in the EV fundraising market with its cryptocurrency strategy. ALYI - SPAC
2020-08-31 11:10 AM EDT
ALYI May Surpass $100 Million Investment Target
Dallas, Texas--(Newsfile Corp. - August 28, 2020) - Alternet Systems, Inc. (OTC Pink: ALYI) today confirmed the company's funding partner, RevoltTOKEN (www.revolttoken.com) will present a comprehensive update next Wednesday, September 2, 2020 on the $100 million transaction intended to fund ALYI's electric mobility business. RevoltTOKEN has just secured the last key component necessary to proceed with the funding transaction. In addition to featuring the key component now in place, the...
2020-08-28 12:35 PM EDT
ALYI One Key Step Closer To $100 Million Investment
Dallas, Texas--(Newsfile Corp. - August 27, 2020) - Alternet Systems, Inc. (OTC Pink: ALYI) today announced the company's funding partner, RevoltTOKEN (www.revolttoken.com) will present a comprehensive update next Wednesday, September 2, 2020 on the $100 million transaction intended to fund ALYI's electric mobility business. RevoltTOKEN has just secured the last key component necessary to proceed with the funding transaction. ALYI has entered into a comprehensive funding agreement with...
2020-08-27 3:21 PM EDT
ALYI New Electric Motorcycle Orders Could Edge Revenue Potential To $500M
Dallas, Texas--(Newsfile Corp. - August 27, 2020) - Alternet Systems, Inc. (OTC Pink: ALYI) today announced that it expects a new fleet order for its ReVolt Electric Motorcycle to double the Company's current production outlook. Earlier this month, the Company announced entering into discussions regarding additional fleet orders. Management now expects to sign an order resulting from those discussions by the end of September. ALYI currently has already entered into an initial $20 million...
2020-08-27 12:32 PM EDT
ALYI Finances Exhibit Stable Foundation for Supporting $300 Million Electric Vehicle Initiative
Dallas, Texas--(Newsfile Corp. - August 26, 2020) - Alternet Systems, Inc. (OTC Pink: ALYI) today published a management update in conjunction with the recent filing of the company's Q2 2020 financial report. ALYI has developed a multi-passenger electric motorcycle for deployment into the rideshare market in Africa where Uber and Lyft have already deployed operations and begun to move into the motorcycle rideshare sector. Motorcycle ride hailing apps are gaining more and more market attention...
2020-08-26 1:21 PM EDT
ALYI Electric Vehicle Delivery Strategy Echoed By Canoo Pending Merger With Hennessy
Dallas, Texas--(Newsfile Corp. - August 25, 2020) - Alternet Systems, Inc. (OTC Pink: ALYI) again highlighted the latest electric vehicle industry news about subscription electric van startup Canoo Holdings going public through a SPAC merger with Hennessy Capital Acquisition IV (NASDAQ: HCAC). The deal values Canoo at $2.4 billion. The most recent news from Canoo emphasizes the high potential for electric delivery vehicles to fill the final mile delivery market echoing ALYI's preceding...
2020-08-25 9:00 AM EDT
ALYI Goes Ford v Ferrari in Its Own Electric Way
Dallas, Texas--(Newsfile Corp. - August 21, 2020) - Alternet Systems, Inc. (OTC Pink: ALYI) today revealed its long-term strategy to enter into electric vehicle (EV) international racing. An EV racing initiative has been underway at ALYI for two years and in the coming weeks, the company expects to make details of the initiative public. ALYI management emphasizes that it is not inventing a new strategy with its entry into EV racing. Automobile manufacturers have participated in racing for...
2020-08-21 11:02 AM EDT
ALYI Q2 Results Demonstrate Consistent Base Supporting $300 Million Growth Strategy
Dallas, Texas--(Newsfile Corp. - August 20, 2020) - Alternet Systems, Inc. (OTC Pink: ALYI) today announced publishing its Q2 financial report with OTC Markets. The report shows the company's base consulting revenue continues sustaining operations without relying on raising funds to otherwise cover basic costs. The company's recent $25 million investment commitment can otherwise be dedicated to ALYI's $300 million electric vehicle initiative. ALYI has scheduled an earnings update next week on...
2020-08-20 9:37 AM EDT
ALYI Sharing Economy EV Model Receives Validation With $2.4B Canoo SPAC Merger
Dallas, Texas--(Newsfile Corp. - August 19, 2020) - Alternet Systems, Inc. (OTC Pink: ALYI) today highlighted the latest electric vehicle industry news about subscription electric van startup, Canoo Holdings going public through a SPAC merger with Hennessy Capital Acquisition IV. The deal values Canoo at $2.4 billion. Similar to ALYI's sharing economy business model targeting its ReVolt Electric Motorcycle for deployment into a Ride Share solution in Africa, Canoo plans to make its electric...
2020-08-19 10:54 AM EDT