ALYI Points To Tesla Flaws And Alternatively Introduces Electric Vehicle Innovation Consolidation Strategy

ALYI Points To Tesla Flaws And Alternatively Introduces Electric Vehicle Innovation Consolidation Strategy


 

New York, NY -- March 27, 2019 -- InvestorsHub NewsWire -- www.nextbigticker.com -- In a bold move, Alternet Systems, Inc. (USOTC: ALYI) took a shot at Tesla’s (NASDAQ: TSLA) overall electric vehicle strategy.  ALYI made some compelling arguments that the key technologies behind the inevitable future of eclectic vehicles just haven’t been invented yet.

“The technology that powers future EV’s is likely not yet invented or discovered.  Lithium batteries are the predominant energy storage solution today, but the scarcity of lithium and the volatility of lithium batteries make it an unlikely long-term solution.  The lithium energy storage dominance is likely to pass and a large infrastructure investment in a lithium energy storage solution today could turn into a boat anchor tomorrow.  In fact, battery technology in general is likely to be surpassed by the evolution of supercapacitors making battery investment today a high-risk prospect.  Going even one step further, EV design so far has simply mirrored combustion engine vehicle design only replacing the combustion engine with an electric motor.  What likely makes more sense, is a smaller electric motor for every wheel synchronized by software.”

ALYI pointed out in a not too subtle manner that Tesla has probably built too big, too fast based on technology that is not sustainable.

“How does one build a mass EV production capability today using the technology available today and maintain the flexibility to deliver the EV product tomorrow using the technology yet to be discovered?  The short answer is probably that a mass production capacity is premature and likely to not be sustainable.  Not naming any names here, but I think you can guess at an endeavor that meets the definition of a premature mass production attempt that will likely not sustain in the long-term.”

ALYI is apparently now on the hunt for all the orphaned EV related technology innovations that might prove to be the future of the EV market.  ALYI plans to start rolling them up in an M&A campaign.  ALYI just might be on to something here. 

 

Research Report Speculative Buy Rating And $0.09 Target PPS

Goldman Small Cap Research recently issued a research report update on the Company. The report confirms a 'speculative-buy' rating with a target price-per-share of $0.09. The report provides an in-depth overview and analysis of Alternet's new strategy, new orders, and upcoming milestones. To view the report, along with disclosures and disclaimers, visit https://www.alternetsystemsinc.com/research-update or http://www.GoldmanResearch.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.

 

Source: www.nextbigticker.com