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Bullboard - Stock Discussion Forum Datametrex AI Ltd V.DM

Alternate Symbol(s):  DTMXF

Datametrex AI Limited is a technology-focused company with exposure to artificial intelligence, healthcare, and mobile gaming. It is focused on collecting, analyzing and presenting structured and unstructured data using machine learning and artificial intelligence. The Company's products include AnalyticsGPT, Cyber Security, and Healthcare. AnalyticsGPT platform scans vast data streams from... see more

TSXV:DM - Post Discussion

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Post by IOOTAIR on Mar 28, 2023 11:45am

DMEVS

With the increasing demand for electric vehicles  in Canada, investing in EV charging infrastructure can  become a profitable business opportunity. Having 500 EV chargers as DMEV intend can be profitable if the charging fees are reasonably priced and the operational costs are managed effectively.

In Canada, EV charging fees vary depending on the location and the level of charging station. On average, Level 2 chargers cost around 10-30 cents per kilowatt-hour, while DC fast chargers can cost up to 50 cents per kilowatt-hour. Assuming a conservative average fee of 20 cents per kilowatt-hour, a 500 EV charger network could generate substantial revenue, especially if they are strategically placed in high traffic areas or along major highways where EV drivers are likely to stop and recharge.

However, building and operating a charging network also comes with significant costs, including equipment, installation, maintenance, and electricity costs. The installation cost of a Level 2 charger can range from $2,000 to $7,000, while the cost of a DC fast charger can be as high as $50,000. Additionally, operational costs such as electricity, maintenance, and customer service can add up over time which makes DMEV a long term investment.

Despite these costs, a 500 charger network can still be a profitable business if the charging fees are set up correctly and the operational costs are optimized. For example, offering different pricing plans such as pay-per-use, monthly subscriptions, or free charging for certain periods can attract more customers and generate more revenue. Additionally, investing in renewable energy sources such as solar panels can help to reduce electricity costs and make the charging network more sustainable.

Furthermore, as the demand for EV charging stations grows, there are also opportunities to partner with businesses such as hotels, restaurants, or shopping centers, to install charging stations on their premises. This can help to increase the visibility of the charging network and attract more customers while sharing the maintenance and operational costs with the partners.

In conclusion, having a 500 charger EV network in Canada can be profitable if the charging fees are set up correctly, the operational costs are well-managed, and there are strategic partnerships in place. With the increasing demand for EVs, investing in EV charging infrastructure is a promising business opportunity that can contribute to a sustainable future.
Comment by korupsion on Mar 28, 2023 11:53am
15000 plus chargers so far in use for Evar south korea
Comment by PendleStock on Mar 28, 2023 12:31pm
Proves my point. DMEVS has a good product that could generate income if it is rolled out in mass
Comment by PendleStock on Mar 28, 2023 12:32pm
Indeed, you have made a valid observation. The product offered by DMEVS is of high quality and has the potential to generate substantial income if it is introduced on a large scale. The key to its success lies in its mass adoption and widespread implementation. With the right strategy and approach, DMEVS could become a highly profitable enterprise.
Comment by Markhamjohn on Mar 28, 2023 7:17pm
It sounds very much to me like IOOTAIR had an AI write his comments. Either he or the AI is full of hallucinations! Most charging net works in Canada charge by the minute, not by the KWH as he/she suggests. DMEVS is specializing in level 2 AC charging with only a small number of DC fast chargers being considered along with the DC truck chargers for emergency charging. So the 500 station roll out ...more  
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