ALYI is our Subpenny EV play with $300m in Revenue Potential
=====================
Alternet Systems, Inc. (ALYI)
Alert Price: $0.0073
Float: 107.98M
Website | Recent News
========================
Members,
We've just uncovered another great opportunity trading on the OTC markets.
The Company is Alternet Systems, Inc. (ALYI), and we suggest that you add it to the top of your watchlist immediately.
ALYI is focused on offering varied, environmentally sustainable, energy storage solutions for targeted markets, including consumer electric vehicles and military applications. The first product category is lithium battery-powered motorcycles, to be followed by motorbikes. These products are released through its newly launched ReVolt Electric Motorbikes subsidiary. www.revoltmotorbikes.com
From a technical standpoint it appears that a big move could be in the making for ALYI.
The Stock has moved above middle Bollinger Band
MA's are crossing and aligning bullishly
Bullish close above Fibonacci pivot point
ALYI could gain a lot of market attention this week which could serve as an additional bullish catalyst.
An anticipated article on the industrialization of Africa to be published this week and will include an interview with Randell Torno, the CEO of ALYI discussing his experience with ALYI in Africa. Mr. Torno holds a PhD in Public Policy and Political Economics from the University of Texas.
ALYI – Alternet Systems $50 Million EV Project Opportunity Could Trigger $300 Million More In Revenue Over 10 Years
Last week ALYI released their management update. Here are some of the talking points.
ALYI Hemp and Lithium Alternative Energy Strategy Summary
Hemp Energy Storage Partnership and Acquisition Pipeline Update
Existing $250,000 Annual Revenue Detailed
Confirms $20 Million Electric Motorcycle Contract
$50 Million Near Term Revenue Potential Featured
$300 Million 10 Year Revenue Potential Revealed
CEO Expertise As PhD In Public Policy and Political Economics Featured In Upcoming Article On Industrialization of Africa Highlighted
ANCE and NOUV Partnerships Included In Update
The company recently published its year-to-date financials through Q2 2019 ending June 30th. The company has made substantial progress on its alternative energy business plan since entering the alternative energy sector when it acquired Lithium IP Holdings on July 21, 2017. The purpose of the update today is to summarize the company’s progress, highlight key milestones and feature major objectives. The management update is included below in its entirety.
ALYI Management Update
On July 21, 2017, the Company acquired Lithium IP Holdings in a transaction that included a management and business direction change. From July, 2017 forward, the company entered the alternative energy sector.
In 2017, Lithium IP Holdings exclusively licensed ten U.S. Patented lithium battery technologies with an option to acquire the ten U.S. Patents. Lithium battery technology research and development was the beginning of the company’s alternative energy strategy. The company’s strategy has expanded substantially past the ten Patents since that time. That expansion will be elaborated upon herein.
When ALYI acquired Lithium IP Holdings, Randell Torno was named the new Alternet Systems Chairman and CEO. Edward Bollen, the President of Lithium IP Holdings, also joined the Altnernet Systems management team. Randy Torno and Ed Bollen have worked together for years on multiple projects spanning across various energy niche markets with particular focus on the government sector and with expansive experience within developing economic countries. The management team is now in transition to best facilitate the company’s forward progress. Though roles are changing, Randy Torno and Ed Bollen will both remain involved with company for the foreseeable future. More on the transition will be included later in this update.
Application Integration and Corresponding R&D
ALYI’s alternative energy strategy is integration and application focused. In other words, ALYI finds existing alternative energy innovations and integrates those innovations into practical applications. The integration typically requires further research and development for the innovation. Today, ALYI concentrates on transportation applications and a variety of military applications. ALYI continues to work on its founding lithium innovations integration and ongoing research and developments, and has since added hemp supercapacitors. Last year, ALYI engaged the holder of a hemp supercapacitor patent as a consultant to kick start ALYI’s hemp alternative energy initiative and the company remains committed to developing commercial hemp energy solutions.
ALYI today has a number of application integration and corresponding research and development projects. Below are some leading highlights and anticipated next milestones:
Hemp Energy Developments and NOUV Partnership
The company’s hemp energy solution initiative is centered largely on the ongoing development of key partnerships and the acquisition of key technologies. The company has laid out a series of milestones toward the end objective of a hemp centric energy storage solution. Hemp centric energy storage requires the consolidation of several coordinating technologies. The hemp supercapacitor is only one. ALYI has endeavored to consolidate the additional coordinating technologies through partnerships and the acquisition of businesses with other coordinating technologies. The company has nominated a short list of specific hemp energy storage application candidates around one of which the company plans to forge the prospective partnerships and acquisitions. Management believes a breakthrough triggering the fruition of the partnerships and acquisitions is on the horizon. Look for news anticipated soon.
As part of its ongoing hemp energy research and development, ALYI has engaged with a cannabis cultivation company to access hemp materials. ALYI is working with the licensed hemp cultivator, Nouveau, Inc. (NOUV). NOUV is anticipating its first U.S. hemp harvest within the next four weeks.
Military Alternative Energy Applications
A review of management’s experience reveals a robust military background. Based on that background, the company has been engaged in a long-term consulting agreement to explore defense oriented alternative energy applications. The company’s financial statements reflect a near quarter of a million dollars in annual revenue generated from the consulting agreement. Management anticipates the consulting agreement to develop into one or more specific projects to integrate alternative energy innovations into defense applications. Management further anticipates that such an integration project is soon approaching. Look for news anticipated soon.
Electric Motorcycles; Shared Rides; Africa and ANCE
ALYI continues to advance toward the fruition of an initial $20 million order for its own ReVolt Electric Motorcycle With Side Car. Earlier this year, the company signed a letter of intent (LOI) for a comprehensive project to manufacture electric motorcycles in Africa that included an initial $20 million order. ALYI, so far, has met all milestones required in the LOI. Most recently, the company wrapped-up meetings in Dallas with its African production partner to finalize ALYI’s industrial design specifications plan. An updated prototype electric motorcycle is anticipated to soon be completed based on the finalized industrial design specifications plan. Once the updated prototype is tested and accepted, production is expected to begin soon. The production will initiate rapidly as an existing production line is expanded to accommodate the production of ALYI’s ReVolt Electric Motorcycle.
The ReVolt Electric Motorcycle African production is centered on producing vehicles for a shared ride business in Africa. Motorcycle taxis are already accepted by the market in Africa and a strategy to transition existing ride share gas motorcycles to electric motorcycles provides ALYI a rapid growth opportunity.
The ReVolt Electric Motorcycle Project in Africa also comes with a potential strategic partnership with a globally recognized brand name. This partnership would likely enhance the sales potential of the overall ReVolt Electric Motorcycle in Africa. Regardless, provided the partnership comes together as currently anticipated, the partnership would account for substantial revenue estimated to reach $30 million annually for six to ten years – a total potential of $300 million in revenue over 10 years. ALYI is working closely with Restance, Inc. (ANCE) in the development of the $30 million annual revenue opportunity. The two companies anticipate the project achieving a major milestone within the next two months. Look for news anticipated soon.
Management Transitions
ALYI and ANCE recently announced a coming senior management transition. The transition is largely structured around the project mentioned above anticipated to generate a potential $30 million annually in partnership with ANCE. The transition moves existing management into positions where they can appropriately dedicate time and specific skills to the project. Randy Torno has been the CEO of both ALYI and ANCE. Ed Bollen, the current President of ALYI is transition into the role of ANCE CEO and Randy Torno will then be solely the CEO of ALYI.
CEO Randell Torno Interviewed With Other Experts On African Industrialization
An interview featuring ALYI CEO Randell Torno will be published tomorrow, September 10, 2019. In the interview Mr. Torno will be discussing the industrialization of Africa where he uses ALYI’s electric vehicle (EV) project in Africa as an example. Mr. Torno holds a PhD in Public Policy and Political Economics from the University of Texas. ALYI is advancing a project in Africa to assemble and sell electric motorcycles in Africa. The project includes an initial $20 million order and the potential to sign a related electric vehicle project that could generate $30 million per year for a duration of six to ten years for a potential total of $300 million over 10 years. ALYI recently published a management update with more details on the company’s electric vehicle initiative in Africa.
Randy Torno holds a PhD in Public Policy and Political Economics from the University of Texas. Outside of ALYI he is a recognized expert on government policy in developing economic regions with extensive hands on experience in Africa. An interview that includes Randy Torno on the subject of the growing industrialization of Africa will be published next week. Mr. Torno’s comments are anticipated to include discussion regarding his hands-on experience with ALYI in Africa. Look for a press release from ALYI when the article is published.
ALYI Confirms $20 Million Electric Motorcycle Contract
Last month, the Company announced the successful wrap-up of the previously announced meetings conducted in Dallas over the previous two weeks with its African production partner. The focus of the meetings was to finalize ALYI’s industrial design specifications plan for the ReVolt Electric Motorcycle to be mass produced for sales in Africa. In April, ALYI announced agreements from Africa worth $50 million. At that time, the company announced a Letter of Intent (LOI) for a ReVolt Electric Motorcycle assembly plant in Kenya that includes an initial $20 million order of 2,000 ReVolt Electric Motorcycles. The company published a presentation following the LOI to further detail the assembly plant LOI and the supplemental aspect of the agreement to create over $50 million in value from the ALYI African strategy and how the African strategy fits into the Company’s overall business plan. The meetings in Dallas were a success. The $20 million contract is on track. The supplemental $30 million opportunity is also advancing. The $30 million in additional revenue potential involves a six-year contract where the $30 million would a recurring annual revenue over the six-year duration of the anticipated contract. Look for more news on this developing opportunity coming soon.
EV Market Outlook
Electric mobility is expanding at a rapid pace. In 2018, the global electric car fleet exceeded 5.1 million, up 2 million from the previous year and almost doubling the number of new electric car sales. The People’s Republic of China remains the world’s largest electric car market, followed by Europe and the United States. Norway is the global leader in terms of electric car market share.
Policies play a critical role. Leading countries in electric mobility use a variety of measures such as fuel economy standards coupled with incentives for zero- and low-emissions vehicles, economic instruments that help bridge the cost gap between electric and conventional vehicles and support for the deployment of charging infrastructure. Increasingly, policy support is being extended to address the strategic importance of the battery technology value chain.
Technology advances are delivering substantial cost cuts. Key enablers are developments in battery chemistry and expansion of production capacity in manufacturing plants. Other solutions include the redesign of vehicle manufacturing platforms using simpler and innovative design architecture, and the application of big data to right size batteries.
Private sector response to public policy signals confirms the escalating momentum for electrification of transport. In particular, recent announcements by vehicle manufacturers are ambitious regarding intentions to electrify the car and bus markets. Battery manufacturing is also undergoing important transitions, including major investments to expand production. Utilities, charging point operators, charging hardware manufacturers and other power sector stakeholders are also boosting investment in charging infrastructure.
These dynamic developments underpin a positive outlook for the increased deployment of electric vehicles and charging infrastructure. In 2030, in the New Policies Scenario, which includes the impact of announced policy ambitions, global electric car sales reach 23 million and the stock exceeds 130 million vehicles (excluding two/three-wheelers). In the EV30@30 Scenario, which accounts for the pledges of the EVI EV30@30 Campaign to reach 30% market share for electric vehicles (EVs) by 2030 (excluding two/three-wheelers), EV sales reach 43 million and the stock is more than 250 million. Projected EV stock in the New Policies Scenario would cut demand for oil products by 127 million tonnes of oil equivalent (Mtoe) (about 2.5 million barrels per day ) in 2030, while with more EVs in the EV30@30 Scenario the reduced oil demand is estimated at 4.3 mb/d. Electricity demand to serve EVs is projected to reach almost 640 terawatt-hours (TWh) in 2030 in the New Policies Scenario and 1 110 TWh in the EV30@30 Scenario.
On a well-to-wheel basis, greenhouse gas (GHG) projected emissions from EVs will continue to be lower than for conventional internal combustion engine (ICE) vehicles. In the New Policies Scenario, GHG emissions of the EV fleet reach almost 230 million tonnes of carbon-dioxide equivalent (Mt CO2-eq) in 2030, offsetting about 220 Mt CO2-eq emissions. In the EV30@30 Scenario, the assumed trajectory for power grid decarbonisation is consistent with the IEA Sustainable Development Scenario and further strengthens GHG emission reductions from EVs.
An average battery electric and plug-in hybrid electric cars using electricity characterised by the current global average carbon intensity (518 grammes of carbon-dioxide equivalent per kilowatt-hour ) emit less GHGs than a global average ICE vehicle using gasoline over their life cycle. But the extent ultimately depends on the power mix: CO2 emissions savings are significantly higher for electric cars used in countries where the power generation mix is dominated by low-carbon sources. In countries where the power generation mix is dominated by coal, hybrid vehicles exhibit lower emissions than EVs.
The EV uptake and related battery production requirements imply bigger demand for new materials in the automotive sector, requiring increased attention to raw materials supply. Traceability and transparency of raw material supply chains are key instruments to help address the criticalities associated with raw material supply by fostering sustainable sourcing of minerals. The development of binding regulatory frameworks is important to ensure that international multi-stakeholder co-operation can effectively address these challenges. The battery end-of-life management – including second-life applications of automotive batteries, standards for battery waste management and environmental requirements on battery design – is also crucial to reduce the volumes of critical raw materials needed for batteries and to limit risks of shortages.
Absent adjustments to current transport-related taxation schemes, the increasing uptake of electric vehicles has the potential to change the tax revenue base derived from vehicle and fuel taxes. Gradually increasing taxes on carbon-intensive fuels, combined with the use of location-specific distance-based charges can support the long-term transition to zero-emissions mobility while maintaining revenue from taxes on transportation.
About Alternet Systems Inc.
Alternet Systems, Inc. is focused on offering varied, environmentally sustainable, energy storage solutions for targeted markets, including consumer electric vehicles and military applications. The first product category is lithium battery-powered motorcycles, to be followed by motorbikes. These products are released through its newly launched ReVolt Electric Motorbikes subsidiary.
For more information, please visit: www.alternetsystemsinc.com
(*Remember to use a Stop-Loss Order or basic Limit Order to protect your gains, as well as limit possible losses.)
DISCLAIMER
This newsletter is a paid advertisement, not a recommendation nor an offer to buy or sell securities. This newsletter is owned, operated and edited by both MJ Capital, LLC and PennyStockLocks, LLC. Any wording found in this e-mail or disclaimer referencing to “I” or “we” or “our” refers to MJ Capital, LLC and PennyStockLocks, LLC. Our business model is to be financially compensated to market and promote small public companies. By reading our newsletter and our website you agree to the terms of our disclaimer, which are subject to change at any time. We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and is for entertainment purposes only. At most, this communication should serve only as a starting point to do your own research and consult with a licensed professional regarding the companies profiled and discussed. Conduct your own research. Companies with low price per share are speculative and carry a high degree of risk, so only invest what you can afford to lose. By using our service you agree not to hold our site, its editor’s, owners, or staff liable for any damages, financial or otherwise, that may occur due to any action you may take based on the information contained within our newsletters or on our website.
We do not advise any reader take any specific action. Losses can be larger than expected if the company experiences any problems with liquidity or wide spreads. Our website and newsletter are for entertainment purposes only. Never invest purely based on our alerts. Gains mentioned in our newsletter and on our website may be based on end-of-day or intraday data. This publication and their owners and affiliates may hold positions in the securities mentioned in our alerts, which we may sell at any time without notice to our subscribers, which may have a negative impact on share prices. If we own any shares we will list the information relevant to the stock and number of shares here. MJ Capital does NOT own any shares of the companies mentioned herewithin, nor intends to buy any in the future.
MJ Capital’s business model is to receive financial compensation to promote public companies. We have been compensated ten thousand dollars by STM LLC to conduct investor relations advertising and marketing for ALYI. Any compensation is a major conflict of interest in our ability to be unbiased. Therefore, this communication should be viewed as a commercial advertisement only. We have not investigated the background of the hiring third party or parties. The third party, profiled company, or their affiliates likely wish to liquidate shares of the profiled company at or near the time you receive this communication, which has the potential to hurt share prices. Any non-compensated alerts are purely for the purpose of expanding our database for the benefit of our future financially compensated investor relations efforts. Frequently companies profiled in our alerts may experience a large increase in volume and share price during the course of investor relations marketing, which may end as soon as the investor relations marketing ceases. The investor relations marketing may be as brief as one day, after which a large decrease in volume and share price is likely to occur. Our emails may contain forward looking statements, which are not guaranteed to materialize due to a variety of factors.
We do not guarantee the timeliness, accuracy, or completeness of the information on our site or in our newsletters. The information in our email newsletters and on our website is believed to be accurate and correct, but has not been independently verified and is not guaranteed to be correct. The information is collected from public sources, such as the profiled company’s website and press releases, but is not researched or verified in any way whatsoever to ensure the publicly available information is correct. Furthermore, MJ Capital often employs independent contractor writers who may make errors when researching information and preparing these communications regarding profiled companies. Independent writers’ works are double-checked and verified before publication, but it is certainly possible for errors or omissions to take place during editing of independent contractor writer’s communications regarding the profiled company(s). You should assume all information in all of our communications is incorrect until you personally verify the information, and again are encouraged to never invest based on the information contained in our written communications. The information in our disclaimers is subject to change at any time without notice.
Alternet Systems, Inc. (ALYI)
Alert Price: $0.0073
Float: 107.98M
Website | Recent News
========================
Members,
We've just uncovered another great opportunity trading on the OTC markets.
The Company is Alternet Systems, Inc. (ALYI), and we suggest that you add it to the top of your watchlist immediately.
ALYI is focused on offering varied, environmentally sustainable, energy storage solutions for targeted markets, including consumer electric vehicles and military applications. The first product category is lithium battery-powered motorcycles, to be followed by motorbikes. These products are released through its newly launched ReVolt Electric Motorbikes subsidiary. www.revoltmotorbikes.com
From a technical standpoint it appears that a big move could be in the making for ALYI.
The Stock has moved above middle Bollinger Band
MA's are crossing and aligning bullishly
Bullish close above Fibonacci pivot point
ALYI could gain a lot of market attention this week which could serve as an additional bullish catalyst.
An anticipated article on the industrialization of Africa to be published this week and will include an interview with Randell Torno, the CEO of ALYI discussing his experience with ALYI in Africa. Mr. Torno holds a PhD in Public Policy and Political Economics from the University of Texas.
ALYI – Alternet Systems $50 Million EV Project Opportunity Could Trigger $300 Million More In Revenue Over 10 Years
Last week ALYI released their management update. Here are some of the talking points.
ALYI Hemp and Lithium Alternative Energy Strategy Summary
Hemp Energy Storage Partnership and Acquisition Pipeline Update
Existing $250,000 Annual Revenue Detailed
Confirms $20 Million Electric Motorcycle Contract
$50 Million Near Term Revenue Potential Featured
$300 Million 10 Year Revenue Potential Revealed
CEO Expertise As PhD In Public Policy and Political Economics Featured In Upcoming Article On Industrialization of Africa Highlighted
ANCE and NOUV Partnerships Included In Update
The company recently published its year-to-date financials through Q2 2019 ending June 30th. The company has made substantial progress on its alternative energy business plan since entering the alternative energy sector when it acquired Lithium IP Holdings on July 21, 2017. The purpose of the update today is to summarize the company’s progress, highlight key milestones and feature major objectives. The management update is included below in its entirety.
ALYI Management Update
On July 21, 2017, the Company acquired Lithium IP Holdings in a transaction that included a management and business direction change. From July, 2017 forward, the company entered the alternative energy sector.
In 2017, Lithium IP Holdings exclusively licensed ten U.S. Patented lithium battery technologies with an option to acquire the ten U.S. Patents. Lithium battery technology research and development was the beginning of the company’s alternative energy strategy. The company’s strategy has expanded substantially past the ten Patents since that time. That expansion will be elaborated upon herein.
When ALYI acquired Lithium IP Holdings, Randell Torno was named the new Alternet Systems Chairman and CEO. Edward Bollen, the President of Lithium IP Holdings, also joined the Altnernet Systems management team. Randy Torno and Ed Bollen have worked together for years on multiple projects spanning across various energy niche markets with particular focus on the government sector and with expansive experience within developing economic countries. The management team is now in transition to best facilitate the company’s forward progress. Though roles are changing, Randy Torno and Ed Bollen will both remain involved with company for the foreseeable future. More on the transition will be included later in this update.
Application Integration and Corresponding R&D
ALYI’s alternative energy strategy is integration and application focused. In other words, ALYI finds existing alternative energy innovations and integrates those innovations into practical applications. The integration typically requires further research and development for the innovation. Today, ALYI concentrates on transportation applications and a variety of military applications. ALYI continues to work on its founding lithium innovations integration and ongoing research and developments, and has since added hemp supercapacitors. Last year, ALYI engaged the holder of a hemp supercapacitor patent as a consultant to kick start ALYI’s hemp alternative energy initiative and the company remains committed to developing commercial hemp energy solutions.
ALYI today has a number of application integration and corresponding research and development projects. Below are some leading highlights and anticipated next milestones:
Hemp Energy Developments and NOUV Partnership
The company’s hemp energy solution initiative is centered largely on the ongoing development of key partnerships and the acquisition of key technologies. The company has laid out a series of milestones toward the end objective of a hemp centric energy storage solution. Hemp centric energy storage requires the consolidation of several coordinating technologies. The hemp supercapacitor is only one. ALYI has endeavored to consolidate the additional coordinating technologies through partnerships and the acquisition of businesses with other coordinating technologies. The company has nominated a short list of specific hemp energy storage application candidates around one of which the company plans to forge the prospective partnerships and acquisitions. Management believes a breakthrough triggering the fruition of the partnerships and acquisitions is on the horizon. Look for news anticipated soon.
As part of its ongoing hemp energy research and development, ALYI has engaged with a cannabis cultivation company to access hemp materials. ALYI is working with the licensed hemp cultivator, Nouveau, Inc. (NOUV). NOUV is anticipating its first U.S. hemp harvest within the next four weeks.
Military Alternative Energy Applications
A review of management’s experience reveals a robust military background. Based on that background, the company has been engaged in a long-term consulting agreement to explore defense oriented alternative energy applications. The company’s financial statements reflect a near quarter of a million dollars in annual revenue generated from the consulting agreement. Management anticipates the consulting agreement to develop into one or more specific projects to integrate alternative energy innovations into defense applications. Management further anticipates that such an integration project is soon approaching. Look for news anticipated soon.
Electric Motorcycles; Shared Rides; Africa and ANCE
ALYI continues to advance toward the fruition of an initial $20 million order for its own ReVolt Electric Motorcycle With Side Car. Earlier this year, the company signed a letter of intent (LOI) for a comprehensive project to manufacture electric motorcycles in Africa that included an initial $20 million order. ALYI, so far, has met all milestones required in the LOI. Most recently, the company wrapped-up meetings in Dallas with its African production partner to finalize ALYI’s industrial design specifications plan. An updated prototype electric motorcycle is anticipated to soon be completed based on the finalized industrial design specifications plan. Once the updated prototype is tested and accepted, production is expected to begin soon. The production will initiate rapidly as an existing production line is expanded to accommodate the production of ALYI’s ReVolt Electric Motorcycle.
The ReVolt Electric Motorcycle African production is centered on producing vehicles for a shared ride business in Africa. Motorcycle taxis are already accepted by the market in Africa and a strategy to transition existing ride share gas motorcycles to electric motorcycles provides ALYI a rapid growth opportunity.
The ReVolt Electric Motorcycle Project in Africa also comes with a potential strategic partnership with a globally recognized brand name. This partnership would likely enhance the sales potential of the overall ReVolt Electric Motorcycle in Africa. Regardless, provided the partnership comes together as currently anticipated, the partnership would account for substantial revenue estimated to reach $30 million annually for six to ten years – a total potential of $300 million in revenue over 10 years. ALYI is working closely with Restance, Inc. (ANCE) in the development of the $30 million annual revenue opportunity. The two companies anticipate the project achieving a major milestone within the next two months. Look for news anticipated soon.
Management Transitions
ALYI and ANCE recently announced a coming senior management transition. The transition is largely structured around the project mentioned above anticipated to generate a potential $30 million annually in partnership with ANCE. The transition moves existing management into positions where they can appropriately dedicate time and specific skills to the project. Randy Torno has been the CEO of both ALYI and ANCE. Ed Bollen, the current President of ALYI is transition into the role of ANCE CEO and Randy Torno will then be solely the CEO of ALYI.
CEO Randell Torno Interviewed With Other Experts On African Industrialization
An interview featuring ALYI CEO Randell Torno will be published tomorrow, September 10, 2019. In the interview Mr. Torno will be discussing the industrialization of Africa where he uses ALYI’s electric vehicle (EV) project in Africa as an example. Mr. Torno holds a PhD in Public Policy and Political Economics from the University of Texas. ALYI is advancing a project in Africa to assemble and sell electric motorcycles in Africa. The project includes an initial $20 million order and the potential to sign a related electric vehicle project that could generate $30 million per year for a duration of six to ten years for a potential total of $300 million over 10 years. ALYI recently published a management update with more details on the company’s electric vehicle initiative in Africa.
Randy Torno holds a PhD in Public Policy and Political Economics from the University of Texas. Outside of ALYI he is a recognized expert on government policy in developing economic regions with extensive hands on experience in Africa. An interview that includes Randy Torno on the subject of the growing industrialization of Africa will be published next week. Mr. Torno’s comments are anticipated to include discussion regarding his hands-on experience with ALYI in Africa. Look for a press release from ALYI when the article is published.
ALYI Confirms $20 Million Electric Motorcycle Contract
Last month, the Company announced the successful wrap-up of the previously announced meetings conducted in Dallas over the previous two weeks with its African production partner. The focus of the meetings was to finalize ALYI’s industrial design specifications plan for the ReVolt Electric Motorcycle to be mass produced for sales in Africa. In April, ALYI announced agreements from Africa worth $50 million. At that time, the company announced a Letter of Intent (LOI) for a ReVolt Electric Motorcycle assembly plant in Kenya that includes an initial $20 million order of 2,000 ReVolt Electric Motorcycles. The company published a presentation following the LOI to further detail the assembly plant LOI and the supplemental aspect of the agreement to create over $50 million in value from the ALYI African strategy and how the African strategy fits into the Company’s overall business plan. The meetings in Dallas were a success. The $20 million contract is on track. The supplemental $30 million opportunity is also advancing. The $30 million in additional revenue potential involves a six-year contract where the $30 million would a recurring annual revenue over the six-year duration of the anticipated contract. Look for more news on this developing opportunity coming soon.
EV Market Outlook
Electric mobility is expanding at a rapid pace. In 2018, the global electric car fleet exceeded 5.1 million, up 2 million from the previous year and almost doubling the number of new electric car sales. The People’s Republic of China remains the world’s largest electric car market, followed by Europe and the United States. Norway is the global leader in terms of electric car market share.
Policies play a critical role. Leading countries in electric mobility use a variety of measures such as fuel economy standards coupled with incentives for zero- and low-emissions vehicles, economic instruments that help bridge the cost gap between electric and conventional vehicles and support for the deployment of charging infrastructure. Increasingly, policy support is being extended to address the strategic importance of the battery technology value chain.
Technology advances are delivering substantial cost cuts. Key enablers are developments in battery chemistry and expansion of production capacity in manufacturing plants. Other solutions include the redesign of vehicle manufacturing platforms using simpler and innovative design architecture, and the application of big data to right size batteries.
Private sector response to public policy signals confirms the escalating momentum for electrification of transport. In particular, recent announcements by vehicle manufacturers are ambitious regarding intentions to electrify the car and bus markets. Battery manufacturing is also undergoing important transitions, including major investments to expand production. Utilities, charging point operators, charging hardware manufacturers and other power sector stakeholders are also boosting investment in charging infrastructure.
These dynamic developments underpin a positive outlook for the increased deployment of electric vehicles and charging infrastructure. In 2030, in the New Policies Scenario, which includes the impact of announced policy ambitions, global electric car sales reach 23 million and the stock exceeds 130 million vehicles (excluding two/three-wheelers). In the EV30@30 Scenario, which accounts for the pledges of the EVI EV30@30 Campaign to reach 30% market share for electric vehicles (EVs) by 2030 (excluding two/three-wheelers), EV sales reach 43 million and the stock is more than 250 million. Projected EV stock in the New Policies Scenario would cut demand for oil products by 127 million tonnes of oil equivalent (Mtoe) (about 2.5 million barrels per day ) in 2030, while with more EVs in the EV30@30 Scenario the reduced oil demand is estimated at 4.3 mb/d. Electricity demand to serve EVs is projected to reach almost 640 terawatt-hours (TWh) in 2030 in the New Policies Scenario and 1 110 TWh in the EV30@30 Scenario.
On a well-to-wheel basis, greenhouse gas (GHG) projected emissions from EVs will continue to be lower than for conventional internal combustion engine (ICE) vehicles. In the New Policies Scenario, GHG emissions of the EV fleet reach almost 230 million tonnes of carbon-dioxide equivalent (Mt CO2-eq) in 2030, offsetting about 220 Mt CO2-eq emissions. In the EV30@30 Scenario, the assumed trajectory for power grid decarbonisation is consistent with the IEA Sustainable Development Scenario and further strengthens GHG emission reductions from EVs.
An average battery electric and plug-in hybrid electric cars using electricity characterised by the current global average carbon intensity (518 grammes of carbon-dioxide equivalent per kilowatt-hour ) emit less GHGs than a global average ICE vehicle using gasoline over their life cycle. But the extent ultimately depends on the power mix: CO2 emissions savings are significantly higher for electric cars used in countries where the power generation mix is dominated by low-carbon sources. In countries where the power generation mix is dominated by coal, hybrid vehicles exhibit lower emissions than EVs.
The EV uptake and related battery production requirements imply bigger demand for new materials in the automotive sector, requiring increased attention to raw materials supply. Traceability and transparency of raw material supply chains are key instruments to help address the criticalities associated with raw material supply by fostering sustainable sourcing of minerals. The development of binding regulatory frameworks is important to ensure that international multi-stakeholder co-operation can effectively address these challenges. The battery end-of-life management – including second-life applications of automotive batteries, standards for battery waste management and environmental requirements on battery design – is also crucial to reduce the volumes of critical raw materials needed for batteries and to limit risks of shortages.
Absent adjustments to current transport-related taxation schemes, the increasing uptake of electric vehicles has the potential to change the tax revenue base derived from vehicle and fuel taxes. Gradually increasing taxes on carbon-intensive fuels, combined with the use of location-specific distance-based charges can support the long-term transition to zero-emissions mobility while maintaining revenue from taxes on transportation.
About Alternet Systems Inc.
Alternet Systems, Inc. is focused on offering varied, environmentally sustainable, energy storage solutions for targeted markets, including consumer electric vehicles and military applications. The first product category is lithium battery-powered motorcycles, to be followed by motorbikes. These products are released through its newly launched ReVolt Electric Motorbikes subsidiary.
For more information, please visit: www.alternetsystemsinc.com
(*Remember to use a Stop-Loss Order or basic Limit Order to protect your gains, as well as limit possible losses.)
DISCLAIMER
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Comment:
Date :
09/10/2019 @ 2:02PM
Source :
InvestorsHub NewsWire
Stock :
Alternet Systems, Inc. (PC) (ALYI)
Quote :
0.0073 0.0 (0.00%) @ 12:24PM
ALYI Announces $0.09 Speculative Buy Price Target After Podcast Interviewing CEO with CEO of the Africa Development Organizat...
Alternet Systems Announces $0.09 Speculative Buy Price Target After Podcast Interview of Alternet CEO with CEO of the Africa Development Organization
DALLAS, TX -- September 10, 2019 -- InvestorsHub NewsWire -- Alternet Systems, Inc. (USOTC: ALYI) (“ALYI”) today announced a podcast interview of CEO Randell Torno with the CEO of the Africa Development Organization, Libasse Diop Dia. The interview is conducted by Senior Research Analyst Rob Goldman of Goldman Small Cap Research. Hosted by Goldman, the two CEOs discuss the industrialization of Africa with a focus on the development of clean, sustainable energy. ALYI’s $300 million electric vehicle (EV) initiative in Africa is featured. The podcast is available on the Goldman Small Cap Research website and has been published in conjunction with an analyst report update on ALYI reiterating Goldman’s Speculative Buy Recommendation and $0.09 Price Target. ALYI closed yesterday $0.0073.
ALYI is currently advancing a project in Africa to assemble and sell electric motorcycles in Africa and later assemble and sell a more comprehensive line of electric vehicles. The project includes an initial $20 million order and the potential to sign a related electric vehicle project that could generate $30 million per year for a duration of six to ten years for a potential total of $300 million over 10 years. ALYI recently published a management update with more details on the company’s electric vehicle initiative in Africa.
Alternet Systems, Inc. is today overall focused on offering varied, environmentally sustainable, energy storage solutions for targeted markets, including consumer electric vehicles and military applications.
To listen to the Podcast and view the ALYI Research Report Update, please visit: www.goldmanresearch....dcast-interview.html
For more information, 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.
Alternet Systems, Inc. Contact:
Randell Torno
info@lithiumip.com
+1-800-713-0297