- Alternet Systems (OTCPK:ALYI) confirmed that it expects to commence generating revenue before 2020-end from its EV Ecosystem business.
- It expects to publish details on the anticipated sources of revenue and specific revenue targets in this week.
- ALYI's Electric Motorcycle Business is heavily weighted on delivering a Rideshare solution in Africa to replace existing combustion engine powered motorcycle taxis with electric motorcycles.
- The company will not only generate revenue selling electric motorcycles into the taxi market, but also from participating in the taxi market itself as it evolves into a Rideshare business model.