Seeking Alpha -ALYI to ramp up electric vehicle rollout to new cities

February 25, 2022 -- InvestorsHub NewsWire -- via pennymillions -- 

Alternet Systems, Inc. (ALYI)     By: Jessica Kuruthukulangara, SA News Editor

• Alternet Systems (OTCPK:ALYI) will expand its electric vehicle (EV) rollout to new cities beyond Addis Ababa and Nairobi in conjunction with the acceptance of cryptocurrency for purchases.
• ALYI is currently delivering electric motorcycles and 3-wheeled electric Bajas in Addis Ababa, Ethiopia and Nairobi, Kenya. The EVs are being delivered into the local taxi and delivery markets.
• ALYI is fulfilling an initial $2M order and anticipates EV sales from its current program to grow to a potential $10M in sales this year.
• ALYI is now preparing to introduce a new EV sales program expected to geographically and monetarily expand sales.

Now Read Alternet forecasts $2M in EV motorcycles and three-wheeled vehicle sales

Source - https://seekingalpha.com/news/3805961-alternet-systems-to-ramp-up-electric-vehicle-rollout-to-new-cities?mailingid=26831208&messageid=2900&serial=26831208.183&utm_campaign=rta-stock-news&utm_content=link-1&utm_medium=email&utm_source=seeking_alpha&utm_term=26831208.183

Other stocks on the move include PHIL, ICOA, and JPEX.

SOURCE: pennymillions