Source: Datametrex.
  • Datametrex subsidiary Datametrex Electric Vehicle Solutions (DM EVS), an EV charging company, is partnering with Rewatt Power
  • Calgary-based Rewatt is a climate accounting and monetization platform for individuals, companies, and municipalities of any size
  • The two-year partnership allows DM EVS to benefit from government environmental incentives and increase profitability through tax credits
  • Datametrex is a technology-focused company with exposure to artificial intelligence, machine learning, telehealth, and the electric vehicle (EV) market
  • Datametrex (TSXV:DM) opened with a gain of 15.38 per cent trading at $0.075 per share

Datametrex subsidiary DM EVS, an EV charging company, is partnering with Rewatt Power.

Calgary-based Rewatt Power is a climate accounting and monetization platform for individuals, companies, and municipalities of any size. It aggregates and brokers carbon credits, offering government-regulated clean-fuel compliance credits to emit one tonne of carbon emissions. By supplying EVs with electricity, network operators can generate clean-fuel credits by replacing fossil fuels.

The two-year partnership allows DM EVS to accrue the federal Clean Fuel Regulation credit, a Canada-wide government incentive credit, and the Low-Carbon Fuel Standard credit, which is B.C. based.

DM EVS will receive a payment for each charge, powered by carbon tax credits, allowing it to build more EV charging stations and charge more EVs while maximizing its earnings.

Datametrex is a technology-focused company with exposure to artificial intelligence, machine learning, telehealth, and the electric vehicle (EV) market.

Datametrex (TSXV:DM) opened with a gain of 15.38 per cent trading at $0.075 per share.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.


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