The electric vehicle industry now offers a lot of options for investors beyond Tesla and one of the companies that investors could consider looking into is that of Alternet Systems Inc (OTCMKTS:ALYI).
This morning the stock has made a strong move and has already soared by as much as 18%. The rally seems to be in reaction to the announcement from the company yesterday with regards to the scheduled report for its electric motorcycle pilot. In the scheduled update, the company is going to be provide an overview of the sort of progress that has been made in the project and what one can expect in the future.
The company announced that this highly anticipated report is going to be published on July 29, 2021 and it is likely that investors as well as market watchers are going to be following the situation closely. In this regard, it is also important to point out that last week Alternet Systems had announced that it got an order of as many as 2000 electric motorcycles. The order is a significant development when seen in conjunction with Alternet System’s plan of launching an electric vehicle ride share in Africa with these motorcycles.