ALYI Electric Vehicle Market Expansion Gains Momentum
09 August 2021 - 11:53PM
InvestorsHub NewsWire
Dallas, TX --
August 9, 2021 -- InvestorsHub NewsWire
-- Alternet
Systems, Inc. (USOTC:
ALYI) (“ALYI”) today announced CEO Randell Torno is in Addis
Ababa, Ethiopia to reconfirm a letter of
intent (LOI) for an order of electric vehicles to be delivered
by ALYI. The original LOI was executed last
September.
Last week,
Dr. Torno
was in Nairobi, Kenya in conjunction with an electric
motorcycle pilot to advance a 2,000-vehicle order targeting the
Kenyan motorcycle taxi
market.
ALYI
anticipates the engagement in Ethiopia to run at a parallel pace to
the engagement in Kenya. While an initial order size has not
yet been determined, the launch of a pilot is
imminent.
ALYI has
designed its EV ecosystem solution to include democratized
participation. ALYI has partnered with Revolt Token to finance
ALYI’s growth by offering participation in the EV ecosystem through
the sale of Revolt Tokens.
To learn more
about Revolt Token and how to participate in ALYI’s electric
vehicle ecosystem through the purchase of Revolt Tokens,
visit www.RVLTtoken.com.
For more
information and to stay up to date on ALYI's overall latest
developments, please visit 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.
For more information, please
visit: http://www.alternetsystemsinc.com
Alternet Systems, Inc. Contact:
Randell Torno
info@lithiumip.com
+1-800-713-0297
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