An agreement between IoT Labs and MODUS Group marks the beginning of a collaboration between iQSTEL to manufacture Alternet Systems Revolt Electric Motorcycle. IoT Labs is a Technology Division subsidiary of iQSTEL, whereas MODUS GROUP engages in industrial design and engineering with Alternet Systems. Inc. The agreement’s importance is to facilitate designing and to develop an electric motorcycle for the Revolt Electric Motorcycle for Alternet Systems, Inc.
The collaborations involve two heavyweights. For instance, the patented ideas and solutions in the design world accredited to MODUS are over 200. On the other hand, IoT is in the same league with giants such as Generic Electric, Amazon, and Apple, having won awards for its technology innovations, which offer solutions to existing problems changing lives in the process.
So far, iQSTEL Inc. is in 13 countries, making it global, and offers Fintech, technology, and telecommunication services. Industries benefitting from their services include electric vehicles, telecommunications, financial, chemical, and liquid fuel distribution. Whether it is Blockchain Platform’s Settlement & Payments Marketplace or Mobile Number Portability Application MNPA, it never disappoints. In IoT, it is an ideal choice for Smart Tank Platform, Smart Gas Platform, and Smart Electric Vehicle Platform. It also comes in handy when looking for money remittance, VISA debit card, iQ batteries, omnichannel marketing, Cloud-PBX, 4G, 5G NETWORK, VoIP, and SMS.
In addition to IoT Labs, it also has other subsidiaries, including itsBchain, Global Money One, SMSDirectos, QGlobal SMS, SwissLink, and Etelix. They help the company deliver all their various products and services globally. Its operational methodologies are B2B and B2C.
What does the collaboration between the two involved parties entail? They acknowledge the existence of technology by the name HD Thin Film Lithium Battery. By the end of the agreement, they want to have developed an electric vehicle battery using the same. They are also not turning a blind eye to the possibility of entirely new technology. As a result, they are conducting research and development, searching for new ideas regarding batteries. Some of their R&Ds will revolve around Nano and Hemp-based batteries.
It is not the first time the two units are working together. On the contrary, before even the existence of this new agreement, the duo was in yet another one. The previous one is about Smart EV solutions. The solution’s marketing will fall entirely in the hands of IoT Labs responsible for making sure it reaches the global EV industry. They have a schedule for the same, and going by it; there are high chances of its prototype as early as July 2021.