Alternet Systems, Inc. (OTC Pink: ALYI) has been busy building EV transportation solutions that may not only transform markets but its company as well. And following its careful navigation through pandemic-related challenges last year, ALYI's planned releases for Summer 2021 could possibly bring the transformation sooner rather than later.
Investors are buzzing following a recent announcement from the company that in addition to its 2000-bike deal in Kenya expected to close in July, ALYI will target a massive opportunity through a new UN pilot E-Boda-Boda (Electric Motorcycles designed for ride-sharing) program. This could become a huge deal for ALYI, and its powerful technologies could eventually make them a significant player in expanding this efficient EV rideshare platform into popularity worldwide.
Keep in mind, the motorcycle rideshare market is an estimated $4 billion opportunity throughout all of Africa. And, with dense populations and low vehicle ownership per capita, making the option a preferred method of travel in urban areas is a perfect market fit. Further, as the demand for "green" products increases, the advantages offered by an electric motorcycle rideshare service could not only be of great use to the African market but quickly expand to other highly populated cities around the world.
With this in mind, ALYI announced a pilot project to support the UN initiative to explore breaking the barriers to the widespread adoption of electric motorcycles. The goal is to help policymakers understand that the transition to EV transportation is feasible and capable of offering a transportation alternative that is both more efficient and better for the environment.
The company's original focus in Kenya was enough to generate significant investor interest, especially with that country presenting a perfect market for energy-efficient, cost-effective, and high-mobility EV solutions. Recognizing the opportunity, ALYI responded with its ReVolt Electric Motorcycle, which made headlines worldwide due to its classic-styled design being augmented with a powerful electric motor. These bikes are included in the company's deal to deliver 2000 units to the Kenyan market this summer. Analysts covering the sector think they are the perfect vehicle to exploit the market potential.
Self-Driving Option Brings More Opportunities
Last week, the company made another announcement saying they intend to maximize value from other technologies in its portfolio. In addition to the newly announced pilot rideshare service, ALYI plans to launch a self-drive rental program in Kenyan markets similar to the electric scooter rental company Bird, which has generated billions in revenue renting electric scooters in urban areas. ALYI, too, plans to offer its bikes in a self-driving format, allowing consumers to unlock the bikes from designated docking locations via a smartphone app.
The self-driving option could prove to be a massive opportunity in areas with lower rates of rideshare drivers, giving consumers the ability to drive themselves using ALYI's safe, highly mobile, and eco-friendly electronic motorcycles. Not only does this give consumers a more comprehensive range of transportation options within ALYI's ecosystem, but it also creates an additional revenue stream thanks to self-driving rental fees bypassing the need to supplement a driver.
Further, ALYI's self-driving rental motorcycles could offer a more effective, street-legal, and safe form of transportation. The option could also be appealing to locals who wish to avoid driving and parking fees and tourists wanting a more cost-effective and fun method of temporary transportation. ALYI's pilot program intends to best optimize its bikes for each specific market.
Building an Ecosystem To Maximize Value
Indeed, as a pioneer in the electric motorcycle industry, ALYI has a head start to capitalize on multiple EV market opportunities. Its electric vehicle support network consists of charging stations, power outlets, and long-range batteries. These components are essential to making electric vehicles more energy-efficient and to enable updates and enhancements in the software applications that support them.
Better still, to attract the best manufacturers, businesses, and investors in the electric vehicle industry, ALYI is organizing an annual electric vehicle race and symposium to be held in Kenya. The event will feature a host of conferences and exhibitions designed to showcase the various advantages of electric vehicles and rideshare solutions.
RevoltTOKEN, ALYI's financial partner and supporter in developing its electric vehicle ecosystem, has already supplied critical funds that will support this venture and its continued rollout into Kenya and other African countries. RevoltTOKEN is expected to contribute upwards of $100 million in financing.
Back Half Of 2021 Can Be Transformative
The remainder of 2021 can be huge, especially with ALYI targeting its portfolio toward various underserved markets while simultaneously building upon some of the industry's most hyped technologies.
Its electric motorcycles are powerful, easy to drive, and energy-efficient. And their applications in rideshare and self-drive rental markets could quickly earn industry and consumer attention. By seizing upon this carefully calculated opportunity, the company can earn substantial revenues not only through its motorcycle sales but through its ecosystem of replacement part offerings and ride-sharing platform fees.
Thus, with multiple revenue-generating streams in play and at least two expected catalysts in July, ALYI may indeed be positioned to add a charge to growth stock portfolios.
Disclaimers: Hawk Point Media is responsible for the production and distribution of this content. Hawk Point Media is not operated by a licensed broker, a dealer, or a registered investment adviser. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. Our reports/releases are a commercial advertisement and are for general information purposes ONLY. We are engaged in the business of marketing and advertising companies for monetary compensation. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. The information made available by Hawk Point Media is not intended to be, nor does it constitute, investment advice or recommendations. The contributors may buy and sell securities before and after any particular article, report and publication. In no event shall Hawk Point Media be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or made available by Hawk Point Media, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information in this video, article, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. Hawk Point Media strongly urges you conduct a complete and independent investigation of the respective companies and consideration of all pertinent risks. Readers are advised to review SEC periodic reports: Forms 10-Q, 10K, Form 8-K, insider reports, Forms 3, 4, 5 Schedule 13D. For some content, Hawk Point Media, its authors, contributors, or its agents, may be compensated for preparing research, video graphics, and editorial content. As part of that content, readers, subscribers, and website viewers, are expected to read the full disclaimers and financial disclosures statement that can be found by clicking HERE.
The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results.Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled.
Media Contact
Company Name: Hawk Point Media
Contact Person: KL Feigeles
Email: editorial@hawkpointmedia.com
City: Miami Beach
State: Florida
Country: United States
Website: https://www.greenlightstocks.com
