ALYI Revolt Token Democratized EV Ecosystem Expected To Generate Over $1 Million In Revenue By Year End
September 07 2021 - 1:53PM
InvestorsHub NewsWire
Dallas, TX --
September 7, 2021 -- InvestorsHub NewsWire
-- Alternet
Systems, Inc. (USOTC:
ALYI) (“ALYI”) today confirmed the company expects to begin
generating revenue before the end of the year from the company’s
Electric Vehicle (EV) Ecosystem business. On Thursday this week,
September 9th, 2021, the company will publish details on
the anticipated sources of revenue and specific revenue
targets.
ALYI is
building an entire EV Ecosystem that addresses the entire EV
adoption environment from the perpetual design of best in class
vehicles to the perpetual design of the myriad of mechanical and
digital systems that go into a best in class vehicle; from the
charging and maintenance infrastructure that goes into supporting
consumer and commercial vehicles, to the EV value proposition
itself that drives consumers and businesses to transition from
combustion engines to electric powered vehicles.
ALYI has designed its EV ecosystem solution to include democratized
participation. ALYI has partnered with ReovltTOKEN to finance
ALYI’s growth by offering participation in the EV ecosystem through
the sale of Revolt Tokens.
To learn more
about RevoltTOKEN and how to participate in ALYI’s electric vehicle
ecosystem through the purchase of Revolt Tokens,
visit https://rvlttoken.com/.
ALYI has
seeded an extensive overall Electric Vehicle Ecosystem Business
Strategy with an Electric Motorcycle
Business.
ALYI’s
Electric Motorcycle Business is heavily weighted on delivering a
Rideshare solution in Africa to replace existing combustion engine
powered motorcycle taxis with electric
motorcycles.
The global
motorcycle taxi market was valued by
Verified Market
Research at $16 billion
in 2018 and expected to grow to over 29 billion by
2026.
ALYI will not
just generate revenue selling electric motorcycles into the taxi
market, ALYI will also generate revenue from participating in the
taxi market itself as it evolves into a Rideshare business
model.
Not only does
participation in the taxi market provide more resiliency for ALYI’s
electric motorcycle business, but it also provides the potential
for higher profit margins than typical EV businesses are designed
to generate.
Tesla, for
instance, reported a 24% gross
margin as of June 30, 2021. Uber reported a 46% gross
margin as of June 30, 2021. ALYI plans to generate
revenue not just from the sale of EVs, but also, for instance, from
the rideshare business the company is delivering EVs
to.
Management
plans to elaborate further on its overall revenue targets and gross
margin expectations later this week on Thursday, September
9th, 2021, in conjunction with a schedule management
update to provide the latest details on the company’s progress on
delivering 2,000 electric motorcycles in Africa to serve the
motorcycle taxi (boda-boda) market. The company has already
indicated it expects over a million in revenue this year. The
update will provide more details on anticipated sales before the
end of the year to include a specific revenue
target.
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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