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Golfnut3

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Golfnut3

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Friday, 07/10/2020 11:00:29 AM

Friday, July 10, 2020 11:00:29 AM

Post# of 18516
SEEKING ALPHA




MARKET OUTLOOK
Tech
Alternet takes $300M African electric vehicle initiative
Jul. 10, 2020 10:46 AMAlternet Systems, Inc. (ALYI)By: Shweta Agarwal, SA News Editor
Alternet Systems (OTCPK:ALYI +3.7%) ramps up its $300M initiative centered on initially launching electric motorcycles for the ride-share market in Africa.

The company has produced a pilot vehicle and expects production to start by the end of 2020.

Previously: Alternet commits $25M investment for EV facilities(July 9)
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