NEW YORK, Dec. 3, 2020 /PRNewswire/ — iQSTEL, Inc. (USOTC: IQST), an international telecommunication, technology and fintech service provider, and Alternet Systems, Inc. (USOTC: ALYI), an electric vehicle (EV) innovator, meet today to advance a previously announced joint design program to codevelop two-way device communication solutions specific to the EV operating environment. Today, the two companies are meeting face to face in Dallas, in the design lab of ALYI’s EV engineering partner, MODUS. The two companies have agreed in advance to specific COVID19 mitigation protocols.
IQST and ALYI recently announced a letter of intent (LOI) agreement for IQST’s Internet of Things (IoT) development team to combine efforts with ALYI’s EV engineering and design program to codevelop two-way device communication solutions specific to the EV operating environment.
ALYI’s first generation EV program includes multiple electric motorcycles. One is designed for, among other applications, utilization within the rideshare (exemplified by