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
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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.
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Publication: | Auto Business News (ABN) |
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Geographic Code: | 60AFR |
Date: | Jul 31, 2019 |
Words: | 161 |
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