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EV charging station company partners with Holiday Inn

Environment, Market News, Technology
TSXV:DM
01 June 2023 09:22 (EDT)

Source: Datametrex.

Datametrex subsidiary DM EVS, an EV charging station company, has signed a five-year partnership with the Holiday Inn Vancouver Centre.

DM EVS will be the exclusive provider of EV chargers and services for Holiday Inn’s Vancouver West Broadway establishment, with potential to expand to other branches. The property’s owner, InterContinental Hotels Group, is one of the leading hotel companies with over 900,000 rooms globally.

The EV charging station company is entitled to 100 per cent of the revenue generated from charging operations and carbon credits.

Datametrex stands to benefit from exposure to a large pool of consumers, which the company expects will lead to significant profit and revenue growth.

The news follows an accretive collaboration with Rewatt Power.

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

Datametrex (TSXV:DM) last traded at $0.08 per share.

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