Electric Vehicle Stocks Like TSLA, BLNK, SOLO, FUV, NIO Soaring to Record Highs 1 Cent ALYI Electric Vehicle Maker Breaking Out on $100 Million ICO Funding Initiative Based on Well-Known and established Etherium Blockchain Currency ALYI’s Revolt is Super-Efficient 3-Wheel Motorcycle With Sidecar and Luggage Carrier Targeting Fast Growing Multi-Billion-Dollar Ride Share Market In Developing Nations TSLA, BLNK, SOLO, FUV, NIO, ALYI All Breaking Out Goldman Picks ALYI for Best Low Priced Stock In Explosive Electric Vehicle Market Electric Vehicle stocks have taken off like a bolt of lightning in recent months.
Tesla (NASDAQ:TSLA), Blink Charging (NASDAQ: BLNK), Electramaccanica Vehicles (NASDAQ: SOLO), Arcimoto (NASDAQ: FUV), NIO (NYSE: NIO), and Alternet (OTC: ALYI) have all been soaring for the past few months and have delivered even bigger gains to those savvy enough to get in during the market crash in March.
TSLA surprised the street with record earnings and cash flow today, and confirms the powerful underlying demand sway from fossil fuel cars to electric vehicles.
ALYI announced plans to launch $100 million financing round for its super-efficient ReVolt Motorcycle with Passenger Sidecar and Luggage Carrier.
Alternet Systems, Inc. (ALYI: OTC) confirmed an online presentation to be published this week on Thursday, July 23, 2020 to detail the coming initial coin offering (ICO) intended to back ALYI's electric vehicle (EV) strategy in Africa.
Tesla published its quarterly financial statement on Wednesday, July 22nd, 2020 after the market announcing strong profits and gross margin performance. Tesla progress as well as several others have fueled investor enthusiasm for the overall EV sector. The ALYI investor EV ICO presentation has been timed in anticipation that reception for the strategy this Thursday will be strong.
From its founding in patented lithium technology commercialization, ALYI has evolved into an innovative electric vehicle company with an initial $300 million electric mobility initiative in Africa designed to rapidly expand beyond the initial $300 million scope. The $300 million initiative includes a key customer for ALYI's Revolt Electric Motorcycle, and a comprehensive annual electric mobility event designed to both fuel the branding and marketing of ALYI's current and future electric vehicles in addition to serving as a catalyst in the development of all ALYI's future electric mobility solutions.
ALYI's Revolt Electric Motorcycle is a rugged design that has now endured two rounds of prototyping and testing and is ready for production. The Revolt Electric Motorcycle will be manufactured in Kenya initially for the Kenyan ride-share market. Motorcycles are already widely accepted and in use as taxi's in Africa.
The branding and marketing for ALYI's current and future electric mobility solutions will be built on the company gaining recognition for its annual electric mobility conference and symposium that includes an already branded anchor event. The anchor event is part of an existing and well established $6 billion industry. The annual electric mobility conference and symposium and anchor event is expected to contribute significantly to both ALYI's top and bottom line, in addition to providing a catalyst to the development of future ALYI mobility solutions.
On June 30, 2020, ALYI entered into a letter of intent (LOI) for a $25 million first tranche investment to fund ALYI's overall $300 million electric mobility initiative in Africa.
The planned ALYI investment is one component of the investor's overall $100 million initial cryptocurrency offering (ICO) strategy. The investor is independently launching an ICO dedicated to funding ALYI's overall $300 million electric mobility project in Africa with future plans to fund additional electric mobility initiatives in Africa. The investor has already partitioned a cryptocurrency on the Ethereum Blockchain in advance of the planned ICO.
This week, on Thursday, July 23rd, the investor will publish an online presentation detailing the upcoming ICO's overall strategy to fund an environmentally sustainable, electric mobility initiative in Africa that economically benefits local African markets while providing those purchasing the cryptocurrency multiple incentives and economic benefits.
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.
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
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