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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

Datametrex AI Ltd > DM EVS IS ONE STEP CLOSER TO BRINGING EVS TO BC
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Post by mutjwo on Aug 25, 2022 9:38am

DM EVS IS ONE STEP CLOSER TO BRINGING EVS TO BC

DM EVS begins testing trials of the Smart EV Charger. DM is now one step closer to providing EV charging solutions to Vancouver, great news this morning, i am sure more info will start coming now. https://www.datametrex.com/post/dm-evs-begins-testing-trials-of-the-smart-ev-charger
Comment by Aiking on Aug 25, 2022 9:43am
Very likely, we'll get more news from DM EVS expansion in Vancouver area. Have a look at Vancouvers transportation plan: https://vancouver.ca/streets-transportation/transportation-2040.aspx Datametrex EVS is at the right place to start their business.
Comment by Investor10X on Aug 25, 2022 10:46am
Once the company has completed their testing stage and if the chargers work as they are expected to work then I believe we will see a rapid expansion of sales, not only in Vancouver, but also in areas across the country.   In Vancouver there is a short window to start implementing the EV chargers if gas stations and commercials lots want to avoid paying high city licensing fees.  This ...more  
Comment by Markhamjohn on Aug 25, 2022 12:02pm
I agree things can take off rapidly once the testing stage is deemed succesful. I my mind it is not the equipment itself being tested as that equipment works and is running already in S. Korea. I view it as a test of the concept. Will people use these chargers in sufficient numbers to make them profitable for the owners of the parking lots etc. Are these chargers ( which I think run at max. 25kw ...more  
Comment by MUTDMUTD on Aug 25, 2022 1:24pm
... they will also likely do a cost analysis as I image the larger kW units are more expensive to buy and require higher installation costs and higher operating costs and you can install 5 on one line, as I understand... So dollars count to... If you install them, they will come... IMO of course... I believe DMEVS has a very good competitive edge over the larger kW chargers...DYODD...
Comment by MUTDMUTD on Aug 25, 2022 1:27pm
... reference to 5 chargers on one electric line is referring to DM's unit... Where I believe the others are 1 for 1...
Comment by Investor10X on Aug 25, 2022 2:27pm
Here are BC Hydro prices for EV charging. I believe BC Hydro's EV network also includes Flo and ChargePoint charging stations.  There is also Tesla (for only Tesla), Greenlots and Petro-Canada charging networks.  The etiquette for EV charging is not to be charging for more than 30-40 minutes so based on that you can do a rough calculation of cost to a customer.  Your guess is as ...more  
Comment by Pandora on Aug 25, 2022 4:21pm
12.07 cents per minute = $7.25/hour 21.13 cents per minute = $12.68/hour 27.17 cents per minute = $16.30/hour Easier to translate for me!
Comment by Investor10X on Aug 25, 2022 2:09pm
I think there are enough companies out there already to get a rough estimate for the numbers and profitability. Currently, there are six main networks providing EV charging solutions in BC.  I expect to see seven with DM's name on that list after testing is complete.  It's pretty clear in their news release what the testing is for: "The Company plans to evaluate the ...more  
Comment by Aiking on Aug 25, 2022 3:07pm
And don't forget, it's not just about selling EV charging infrastructure, it's especially about the PAYMENT SYSTEM in combination with DM EVS Ai app, this is what will generate continously revenue.
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