Alternet Systems Inc (ALYI)

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$ALYI - A Kenyan ‘Share-Ride Client’ has Ordered $1M Electric Motorcycles from US-Based Firm
February 6, 2019

Alternet Systems says the Kenyan client will make an order for 100 of its ReVolt Electric Motorcycles. The price per unit is $10,000 making the order total $1 million.

“ALYI management anticipates the electric motorcycle to pass the client’s pilot test and trigger the initiation of the 100-motorcycle order. The pilot test is expected to bode well for two additional client pilot tests triggering an additional $500,000 in orders,” it said in a statement.

The current global market for motorcycles, scooters and mopeds is approximately 130 million units per year resulting in $120 billion in annual sales. As per capita income in developing economic regions continues to improve, motorcycle, scooter and moped sales are correspondingly expected to grow.

https://kenyanwallstreet.com/a-kenyan-share-ride-client-has-order-1m-electric-motorcycles-from-us-based-firm/