Datametrex AI Ltd V.DM

Honda

[deadlypup]

Honda is looking into investing $14 Billion into building an EV plant in Canada.

Honda eyes $14 billion investment in Canada for electric vehicle manufacturing (cnbctv18.com)

We'd better get Rabiger to talk to them before they go ahead and make such a huge stupid mistake..

DP

[Smokey1958]

"The report said Honda expects to make a decision by the end of 2024 and bring the new facility online as early as 2028." * so, no commitment yet * the earliest timeframe is 2028 * how much will government give (waste) just to say they'll meet their target * earliest vehicle off the assembly line 2029?   So in terms of the actual discussion ....a wise move by DM to get

[Smokey1958]

Having said that, that particular move is a win win for DM shareholders. If DMEVS truly was a lemon it's off the books. If NEWS can do a great job with it and their sp rises DM has shares.

[frewil11]

The EV is a new industry and is going to have its ups and downs but they will get it right , for instance they have come up with a new solid state battery that can go from 10% charged to 80% charged in 10 minutes and travel up to around 1200 KM . 

[rollthedice10]

Honda will have thier hand stuck out and Canadian taxpayers will end up shouldering the risk like usual. I had big hopes for DMEVS but I can see now that DMEVS would be a long term drain on DM resourses. No sense debating the current viability of EV's, there are two camps and each are firmly planted in thier beliefs. Waste of time. With a new CEO and more focus now on the AI and Healthcare

[frewil11]

Ya if they ever did a RS it would just start the death spiral down again but this time you only have 1 tenth of shares now or what ever , I feel most called it correctly when they bought DMEVS , driving around in all these vans and charging drivers here and there didn't seem like a profitable idea , but if you stated that before you would have been labled as a basher .

[Rabiger1289]

How true!

[Rabiger1289]

deadlypup, no need to talk to them, it will NEVER happen, Trudeau is finished, he will be voted out and EV's will go with him, Canadians are not stupid