In recent days, Alternet Systems Inc (OTCMKTS:ALYI) has been in considerable focus among investors every since the company started working on its electric vehicle ecosystem. Yesterday, the company made a key announcement with regards to its business and that saw the stock fly by as much as 16% amidst strong interest from investors.
Alternet announced on Tuesday that it believes that it is going to go past the first million in the form of revenues before the year comes to an end. The revenues are going to be generated through the electric vehicle ecosystem that it has been in the process of building over the course of the past few years.
In this context, it is important for investors to take a look at what the company is working on. Unlike many other companies, Alternet is not concentrating on the development of a single variety of electric vehicle. The company is instead focussed on the development of an electric vehicle ecosystem that can have a positive impact on the entire electric vehicle industry.
In addition to that, investors should also noted that Alternet has made considerable progress already in the development of its own electric vehicle motorcycle and is all set to have a pilot in Africa.