Printer Friendly

Alternet Systems signs-off industrial design specifications plan for mass production of ReVolt Electric Motorcycle in Africa.

Auto Business News-July 31, 2019--Alternet Systems signs-off industrial design specifications plan for mass production of ReVolt Electric Motorcycle in Africa

(C)1994-2019 ENPublishing - http://www.enpublishing.co.uk

Auto Business News - 31 July 2019

United States-based Alternet Systems Inc. (USOTC: ALYI) has confirmed that its African production partner has signed-off the company's industrial design specifications plan for the ReVolt Electric Motorcycle to be mass produced for sales in Africa.

The company announced meetings taking place in Dallas over the next two weeks with its African production partner to finalise comprehensive plans for the mass production of ALYI's ReVolt Electric Motorcycle in Africa.

In April, the company announced agreements from Africa worth USD50m and signed a Letter of Intent (LOI) for a ReVolt Electric Motorcycle assembly plant in Kenya that includes an initial USD20m order of 2,000 ReVolt Electric Motorcycles.

[Editorial queries for this story should be sent to abn@enpublishing.co.uk]

((Distributed via M2 Communications - http://www.m2.com))

COPYRIGHT 2019 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2019 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Auto Business News (ABN)
Geographic Code:60AFR
Date:Jul 31, 2019
Words:161
Previous Article:Penske Automotive Group reports six months ended June 30, 2019 financial results.
Next Article:Details of BMW 8 Series Coupe revealed.

Terms of use | Privacy policy | Copyright © 2021 Farlex, Inc. | Feedback | For webmasters