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ALYI Alternet Systems Inc New (PK)

0.0013
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Alternet Systems Inc New (PK) 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% 0.0013 0.0013 0.0013 0.00 01:00:00

WPUR Backs ALYI EV Taxis, Delivery Vehicles and Racecars

09/02/2022 7:07pm

InvestorsHub NewsWire


Dallas, TX -- February 9, 2022 -- InvestorsHub NewsWire -- WaterPure International, Inc. (USOTC: WPUR) with Alternet Systems, Inc. (OTC Pink: ALYI) today announced work on launching an off grid, clean electric energy production, storage and electric vehicle (EV) charging solution is proceeding on track. 

The technology has been built in a lab and will now be scaled into a pilot in advance of a larger rollout.  The larger rollout is planned in conjunction with an agreement WPUR has made with ALYI to support ALYI’s EV Ecosystem initiative.

The pilot is expected to go live in June of this year.

WPUR’s off grid EV charging solution is expected to be featured in conjunction with ALYI’s EV racing initiative. ALYI has worked closely with a Kenyan race event business named East African Grand Prix (EAGP).  EAGP has a provisional license with Formula E intended to bring a annual Formla E race event to Kenya.

ALYI, EAGP and Formula E met at Formula E’s headquarters in London at the end of 2021 to begin planning for the prospective Nairobi Formula E event.

ALYI’s EV ecosystem partnership network is growing and has achieved a number of notable milestones in 2021 in addition to the EAGP/Formula E partnership. The partnerships both expand the overall capabilities of the ALYI EV ecosystem while also providing off balance sheet resources.

EV ecosystem partners include WPUR adding sustainable EV charging solutions, Priority Aviation, Inc. (OTC Pink: PJET), adding EV market expansion opportunity, and iQSTEL, Inc. (OTCQX: IQST), contributing vital EV technologies.

ALYI has begun producing and delivering its first electric vehicles.

ALYI is now delivering two different electric motorcycle models to Kenya. The motorcycles are going into service in the robust motorcycle taxi market that exists in Kenya.

ALYI is also delivering components to locally assemble three wheeled electric Bajas in Ethiopia which are also going into service withing the local taxi market in addition to serving the delivery market.

To learn more about WPUR, visit https://www.wpurinc.com/.

To learn more about ALYI, 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.


Contact:
Alternet Systems, Inc.
Randell Torno
info@lithiumip.com
+1-800-713-0297


WaterPure International, Inc.
Ed Bollen
info@wpurinc.com
972-918-5256
 

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