RE:Electric Vehicle Sales and the Charging InfrastructureYet another good article/study regarding EV sales continuing to increase. Good solid growth both right now and into the future. No turning back.
Almost everything I have read highlights the need for
more charging facilities. Everywhere. Lot's more. Home, office, malls, highways, hotels.plazas, condos, apartment buildings etc etc.DM is well into supplying chargers of all types to anyone who could use one. Or several. DMEVS has already inked a deal with Holiday Inn with no doubt more to come. DMEVS is growing in both BC and Ontario with plans to continue East. I think it would be a mistake to underestimate the potential revenues from this vertical. Good steady revenues to augment the AI verticals. Sure AI is the sexier vertical which will likely be the one to propel DM into much bigger leagues, and faster too, but DMEVS will play a big part in the overall sucess of DM in my opinion. GROWTH. DMs healthcare divisions are generating cash and are also growth verticals. Even if spun out, it would supply DM with a pile of cash to continue moving AI and DMEVS forward. Depending on how the deal is structured, it is possible health could be spun out for cash plus some recurring revenues to DM. Current DM shareholders would receive shares in the new spun out company. I like it. DM has chosen growth areas to operate in, all of which can benefit as well from DMs expertise in AI to help them gain a competitive edge out there. GLTA, good times ahead!