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Thursday, Aug 11, 2022
Mugglehead Magazine
Alternative investment news based in Vancouver, B.C.

Business

Datametrex AI provides electric vehicle mobile charging stations

One of the largest anxieties that consumers experience regarding electric vehicles is whether or not they’re going to go the distance of the trip on a single charge.

Photo by John Cameron on Unsplash

Datametrex AI (TSXV:DM) (OTCQB:DTMXF) subsidiary Datametrex Electric Vehicle Solutions (DM EVS) is pushing ahead the date on the launch of its mobile chargers based on high demand.

Eight mobile charging units will go on the streets by September 2022 in British Columbia for customers to use on their electric vehicles, helping out all day every day with roadside assistance services. The company anticipates that twenty charging units will be available for the first half of 2023.

“DM EVS is rapidly gaining traction. We are thrilled with the accelerated deployment of these products, introducing EV charging solutions to B.C drivers sooner than expected. We anticipate making great changes in the EV space with more accessible, on-demand charging solutions for all EV drivers”, said Marshall Gunter, CEO of the company.

Datametrex AI is a tech-focused company that uses artificial intelligence to provide solutions for the cybersecurity, telehealth and electric vehicle verticals. Its subsidiary, DM EVS, at least right now provides mobile charging units and a mobile application. The fixed cahrging system efficiently uses power resources through through teh load balancing function using Bluetooth technology. It also has a partnership with EVAR (Electric Vehicle Advanced Recharging), which is a spin-off from Samsung Electronics C-Lab

One of the largest anxieties that consumers experience regarding electric vehicles is whether or not they’re going to go the distance of the trip on a single charge. It’s called Range Anxiety and it’s the number one concern among EV owners. Datametrex EV Solutions presents this option as a way of ameliorating this concern, by making mobile battery recharging stations available for consumers on a 24/7 on demand. It’s a curious idea and definitely in need, especially as electric vehicles begin to grow in prominence, but does raise questions about the company’s ability to scale with the growth the amount of EV cars on the road.

What’s impeding the electric vehicle transition?

The answer is access to charging. Canada ranks eights among the top 10 leading auto markets for readiness, according to a 2021 analysis by Ernst and Young, owing mostly to low-demand and lacking charging infrastructure.

The best provinces for charging are Quebec and British Columbia, and even here while gas stations are ubiquitous, drivers looking for a place to charge their car may have to locate them on their phone using apps like Chargepoint and Plugshare.

There are three levels of EV charging:

  • Level 1: Uses a common 120-volt household outlet. This method works best for hybrid EVs, which have smaller batteries. The estimated time for a full charge is 20 hours.
  • Level 2: Most commonly used method for EV daily charging with equipment that can be installed in your home. This method takes upwards to six or seven hours to attain a full charge.
  • Level 3: Also known as DC fast chargers. These are the charging stations on highways that can bring an EV from empty to 80 per cent in enough time to watch an episode of something on Netflix.

Generally, batteries need to be charged roughly ever 400 kilometers. According to Green Cars, an EV advocacy group, it’s not recommended It’s not recommended to charge your EV past 80 per cent to allow for regenerative braking, which converts kinetic energy into usable energy.

An analysis performed for Natural Resources Canada suggested we will require one charger for every 20 electric vehicles on the road by 2025, and after more EVs enter circulation, the ratio will become one to every 49 by 2050.

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