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ALYI Alternet Systems Inc New (CE)

0.0005
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Alternet Systems Inc New (CE) USOTC:ALYI OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0005 0.0005 0.0004 0.0004 3,724,400 20:01:59

Seeking Alpha - Alternet's (ALYI) electric motorcycle manufacturing cheers Kenya's new legislation

03/08/2020 7:16pm

InvestorsHub NewsWire


August 3, 2020 -- InvestorsHub NewsWire -- via Seeking Alpha -- 
Aug. 3, 2020 - About: Alternet Systems, Inc. (ALYI)  By: Khyathi Dalal, SA News Editor 


 
With Alternet Systems (OTCPK:ALYI -12.1%) planning to commence manufacturing its Revolt Electric Motorcycle in Kenya in later 2020, it believes that the new manufacturing legislation will provide the company an advantage over competitors.

The new legislation will give advantage to local motorcycle manufacturing initiatives thereby making import competition more difficult in the last week.

Annual demand for motorcycles in Kenya is ~180K while in East Africa it is 680K.

Previously: Alternet Systems +10% on confirmation to enter African EV market (July 27)

 
 
SOURCE: Seeking Alpha 

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1 Year Alternet Systems (CE) Chart

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1 Month Alternet Systems (CE) Chart

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