ALYI Explores EV Battery Solutions with Samsung SD
Post# of 103036
2:58 pm ET September 14, 2020 (Newsfile) Print
Dallas, Texas--(Newsfile Corp. - September 14, 2020) - Alternet Systems, Inc. (OTC Pink: ALYI) today announced that in addition to its own groundbreaking electric vehicle (EV) battery innovation progress, the Company is exploring solutions with Samsung SDI and Gegadyne Energy that management anticipates could generate an independent stream of revenue adding to the company's current $300 million in projected electric vehicle revenue.
Gegadyne Energy is an innovative company producing a battery that consists of a unique proprietary Nano-material built into and a proprietary battery architecture designed for rapid charging with high energy density.
Harley Davidson has already engaged Samsung SDI as the battery solution for its first electric motorcycle.
At the same time, ALYI continues to work with its own battery developments.
The current management team initiated their tenure at ALYI when the company acquired a portfolio of patented battery technologies. The Company subsequently initiated hemp battery research.
Driven today by the Company's award-winning industrial design team, MODUS, with over 200 patentable claims, ALYI's battery innovation progress is setting the Company's Rideshare ReVolt Electric Motorcycle apart from its competitors and could generate its own revenue stream.
Learn more about ALYI's EV battery innovations in addition its overall EV mobility approach by reviewing the Company's recently released Design Team Presentation: