ALYI EV Rideshare and Self-Drive rental pilot on track in Africa

Jun. 16, 2021 12:48 PM ETAlternet Systems, Inc. (ALYI)By: Khyathi Dalal, SA News Editor
  • Alternet Systems (OTCPK:ALYI +63.7%) completed a scheduled review of its electric motorcycle development program with the dedicated design team from MODUS Applied Innovations.
  • Post review completion, the company remains on track with its EV Rideshare and Self-Drive Rental pilot program in Africa.
  • The company has a 2K electric motorcycles order to be delivered in Kenya deployed into the motorcycle taxi market; ALYI also plans to introduce a self-drive rental program for renting Electric Motorcycles in Kenya that can be unlocked via a mobile phone app.
  • The first delivery schedule for July is intended to support a first phase, pilot rollout of the rideshare service.
  • The motorcycle ride hail market in Africa is estimated at $4B.

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