• Datametrex AI (DM) has received a purchase order for up to $1,000,000 from an electric vehicle charging platform company
  • The global Electric Vehicle Charging Station market size is projected to grow from 2 million units in 2020 to 30 million units by 2027
  • The market for EV charging stations is projected to reach $27 billion by 2027
  • AI will improve the efficiency and forecasting that support EV charging platforms
  • Datametrex AI Limited is a technology-focused company with exposure to Artificial Intelligence and Machine Learning
  • Datametrex AI Limited (DM) opened trading at C$0.18 per share

Datametrex AI (DM) has received a purchase order for up to $1,000,000 from an electric vehicle charging platform company.

“Under the terms of the purchase order, Datametrex will be providing its AI technology to enhance the experience of EV owners, contributing to the development of sustainable EV infrastructure,” stated Marshall Gunter, CEO of Datmetrex.

According to the Patterns Journal, the market for EV charging stations is projected to reach $27 billion by 2027. The growth in the number of EV charging stations and the development of vehicle-to-grid technologies to optimize charging systems will be driven by AI. In a market report with marketsandmarkets.com, the global Electric Vehicle Charging Station market size is projected to grow from 2 million units in 2020 to 30 million units by 2027, at a CAGR of 46.6 per cent.

“Datametrex feels that AI will improve the efficiency and forecasting that support EV charging platforms. With the innovations that its AI brings, Datametrex will be in a leadership position as the market expands,” stated Andrew Ryu, Chairman of Datametrex.

Datametrex AI Limited is a technology-focused company with exposure to Artificial Intelligence and Machine Learning through its wholly-owned subsidiary, Nexalogy.

Datametrex AI Limited (DM) opened trading at C$0.18 per share.

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