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Be the first with the news that moves the market- 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.
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