Benzinga | Mar 26, 2021 01:04PM EDT

ALYI Shares Are Trading Higher On Confirmation Of African Rideshare Electric Bike Debut

* Alternet Systems Inc (OTC: ALYI) confirmed the African debut of its rideshare electric motorcycles by July.

* ALYI has an order to deliver 2000 electric motorcycles in Kenya for deployment into the motorcycle taxi (bodaboda) market.

* The announcement was preceded by ALYI's recent video demonstration of its electric vehicle (EV) platform, the Retro Revolt Electric Motorcycle.

* ALYI also recently published an update on its overall EV Ecosystem. The update includes the latest information from ALYI's finance partner, RevoltTOKEN.

* Price action: ALYI share prices traded higher by 5.19% at $0.0699 on the last check Friday.