MIA GLOBAL to acquire controlling interest in Alternet Systems Inc.

In a bold move to expand its green energy footprint, MIA Global has announced its acquisition of a controlling interest in Alternet Systems Inc. (ALYI), adding another notch to its belt of affiliated companies.

This acquisition marks a significant milestone for MIA Global, a company that’s been driving innovation in the e-mobility space since 2010.

If you haven’t heard of MIA Global yet, they’re in the business of conceptualizing, designing, and commercializing electric vehicles for all kinds of uses—automotive, maritime, and even aeronautical.

• From e-bikes to golf carts and specialized batteries, they’ve already sold over 5,600 electric vehicles, making a clear mark on the green energy scene.

And let’s not forget their expansion into the U.S. in 2022, setting up shop in New York and building partnerships across the East and West Coasts.

But what does this acquisition mean for ALYI?

For starters, MIA Global’s partnership with a top lithium battery manufacturer is set to boost ALYI's ventures, particularly in emerging markets like Kenya.

ALYI is already making strides in the e-mobility and green transportation sectors, and with MIA Global’s expertise, the potential for growth seems limitless.

Dr. Randell Torno, who will remain the CEO of ALYI (with an estimated net worth of $10 million, in case you were wondering), will continue to lead the charge.

Expect more exciting updates soon, including possible name and ticker symbol changes to reflect the company’s fresh new branding.

MIA Global will be showcasing their latest innovations at the CES 2025 in Las Vegas—so, if you’re thinking of going green, you might want to check out their booth.

After all, who wouldn’t want a sneak peek at the future of electric golf carts and scooters?