Why our electric motorcycle business is positioned for success

0

DALLAS, September 2, 2021 / PRNewswire / – Alternet Systems, Inc. (USOTC: ALYI) (“ALYI”) has implemented a broad, comprehensive electric vehicle ecosystem business strategy with an electric motorcycle business designed to separate itself from the spectrum of competitors who struggle in the very difficult electrical sector motorcycle sector.

“The Retro Revolt electric motorcycle based on the WWII era BMW R71 military motorcycle is undergoing a final design review and will soon be available to order in a limited edition.”

Motorcycle frames lack the capacity that car frames have for large batteries to extend range and multiple engines to accommodate differences in city and highway driving. The electric motorcycle solutions that have come to the market in the face of frame capacity limitations have shifted towards monstrous sized bikes with the price of an SUV that appeal to a very small, deep pocket-sized consumer sector, or bicycles. minimalist, scooter-sized that have limited appeal to general consumers. The result – so far the market has yet to see an outstanding electric motorcycle company hit the market.

ALYI’s electric motorcycle business is also well positioned to succeed and stand out in a market dominated by monster-priced bikes, SUVs and scooter-sized alternatives.

First of all, electric motorcycles are just one part of a much larger EV ecosystem business. ALYI does not depend solely on its electric motorcycle business.

Second, ALYI has only a small consumption component of its overall electric motorcycle business. The main goal of ALYI’s electric motorcycle is to provide a business solution, not a consumer solution.

ALYI’s electric motorcycles business is strongly focused on providing a carpooling solution in Africa replace existing combustion-engine motorcycle taxis with electric motorcycles.

The Global Motorcycle Taxi Market Has Been Assessed By Verified market research To $ 16 billion in 2018 and is expected to reach over 29 billion by 2026.

ALYI will not only generate income by selling electric motorcycles in the taxi market, ALYI will also generate income by participating in the taxi market itself as it evolves into a carpooling business model.

Not only does participation in the taxi market provide greater resilience to ALYI’s electric motorcycle business, it also offers the potential for higher profit margins than typical EV companies are designed to generate.

Tesla, for example, reported a 24% gross margin at June 30, 2021. Uber reported a 46% gross margin at June 30, 2021. ALYI plans to generate income not only from the sale of electric vehicles, but also, for example, from the ridesharing business to which the company supplies electric vehicles.

ALYI has a mainstream electric motorcycle that it plans to release before the end of 2021, and it will be priced much lower than an SUV.

ALYI developed its own consumer electric motorcycle as a research and development project that amassed a large body of EV intellectual property for ALYI while producing an affordable electric motorcycle with a consumer appeal rooted in decades of popular Western culture. . The Retro Revolt electric motorcycle based on the WWII era BMW R71 military motorcycle is undergoing a final design review and will soon be available to order in a limited edition.

Management plans to further clarify its overall revenue targets and gross margin expectations next week, on Thursday September 9e, 2021, in conjunction with a schedule management update to provide the latest details on the company’s progress in delivering 2,000 electric motorcycles in Africa to serve the motorcycle taxi market (boda-boda). The company has previously indicated that it expects more than a million in revenue this year. The update will provide more details on expected sales before the end of the year to include a specific revenue target.

ALYI builds a comprehensive electric vehicle ecosystem that addresses the entire electric vehicle adoption environment, from the perpetual design of the best-in-class vehicles to the perpetual design of the myriad of mechanical and digital systems that go into a first-rate vehicle; from the charging and servicing infrastructure that supports consumer and commercial vehicles, to the EV value proposition itself that drives consumers and businesses to switch from combustion engines to electric vehicles.

ALYI designed its EV ecosystem solution to include democratized participation. ALYI has partnered with ReovltTOKEN to fund ALYI’s growth by offering participation in the electric vehicle ecosystem through the sale of Revolt tokens.

To learn more about RevoltTOKEN and how to participate in ALYI’s electric vehicle ecosystem by purchasing Revolt tokens, visit https://rvlttoken.com/.

For more information and to stay up to date on the latest global developments at ALYI, please visit www.alternetsystemsinc.com.

Safe Harbor / Disclaimer: This press 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 one of the companies mentioned in this document will make significant sales, failure to meet the schedule or performance requirements of the companies’ contracts, the liquidity position of the companies, the capacity companies to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive prices. In light of these uncertainties, the forward-looking events mentioned in this press release may not occur.

For more information, please visit: http://www.alternetsystemsinc.com
Contact Alternet Systems, Inc .:
Randell Torno
[email protected]
+ 1-800-713-0297

Cision
Cision

View original content to download multimedia:https://www.prnewswire.com/news-releases/alyi–why-our-electric-motorcycle-business-is-positioned-to-succeed-301368711.html

SOURCE Alternet Systems, Inc.


Source link

Share.

Leave A Reply