Africa is a rare area of the planet where the automotive industry is not saturated, and this firm is full-speed-ahead to provide the innovation and solutions to launch their EVs.
Alternet Systems, Inc. (OTC Pink: ALYI) is looking to develop a sustainable electricity production facility in Africa and has begun negotiations to that goal.
The production is just one component of the firm’s EV strategy, that includes the design and production of electric vehicles and the array of impacts and considerations necessary for electric vehicles to replace combustion engine powered transportation to include the increased production of electricity:
Shares were trading down at $0.0126, in early afternoon trade.
