Thursday, May 10, 2018 11:40:16 AM
Alternet Systems Pilot Production Of ReVolt Electric Motorcycle Ahead Of Schedule Dallas
Dallas, TX -- May 10, 2018 -- InvestorsHub NewsWire -- Wire Alternet Systems, Inc. (USOTC: ALYI) today announced the shipping its first pilot production motorcycles ahead of schedule. The company recently launched an Electric Vehicle (EV) business called ReVolt Electric Motorbikes utilizing the company's portfolio of patented lithium battery technologies developed by Air Products and Chemicals, Inc. (NYSE: APD) and tested by Nissan Motor Company, Ltd. The first motorcycle, to be produced is based on BMW's classic, WWII era, R71 motorcycle with sidecar. ReVolt is planning to produce a limited edition of the retro-classic electric motorcycle later this year in time for the holiday season. Being ahead of schedule in the production of the first pilots for testing improves the company's potential to be on time for this holiday season.
Goldman Small Cap Research recently issued a research report on the Company. The report includes a "speculative-buy" rating with a target price-per-share of $0.09. The report provides an in-depth overview and analysis of Alternet's patented lithium battery technology portfolio and the first application of the technology in an electric motorcycle being produced by an Alternet subsidiary. To view the report, visit www.lithiumip.com/research-rpt or www.GoldmanResearch.com.
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