"Tesla CEO Elon Musk has said that he believes electricity production must double to facilitate the full adoption of electric vehicles in the United States."
$ALYI News out today revealed the company has entered discussions anticipated to result in a business agreement by year end resulting in the development of a sustainable electricity production facility in Africa. The sustainable electricity production facility is one component of ALYI's overall, comprehensive electric vehicle ecosystem strategy.
ALYI has recently announced that it expects to generate its first revenue this year from the sale of electric vehicles. Specifically, ALYI intends to generate $2 million by year end from the sale of electric motorcycles.
ALYI management repeatedly emphasizes that the electric vehicles are just the tip of an overall electric vehicle ecosystem. ALYI has recently published an overview of its electric vehicle ecosystem strategy covering both the design and production of electric vehicles and the array of impacts and considerations necessary for electric vehicles to replace combustion engine powered transportation to include the increased production of electricity:
ALYI - Understanding The Cryptocurrency Backed EV Ecosystem Behind The EV Company
Tesla CEO Elon Musk has said that he believes electricity production must double to facilitate the full adoption of electric vehicles in the United States.
Barron's - Tesla's Musk Says U.S. Electricity Production Needs to Double to Power Transition to EV Vehicles
ALYI is launching its electric vehicle ecosystem in Africa where the transportation market is far from saturated and the opportunity exists to introduce consumers to a transportation solution for the first time, rather than convincing them to exchange one mode of transportation for another.
Africa and the rest of the world's developing economic regions where ALYI will go next, provide a technology leapfrog opportunity. The United States and other economically developed regions are resistant to innovation when the innovation requires replacing an existing solution. Purveyors in developed economic regions are resistant to spending money on an innovation that may produce a superior solution, when a passable and profitable solution is already in place, and consumers are resistant to adopting any change in their daily routine.
ALYI believes the best opportunity for electric transportation innovation resides in the developing economic regions of the world.
ALYI has partnered with Revolt Token to finance ALYI's growth by offering democratized participation in the electric vehicle ecosystem through the sale of Revolt Tokens.
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