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InvestorNewsBreaks – DSG Global Inc. (DSGT) Announces Growing SEV Deposits, Deal for Purchase of Fleet of SEVs
October 21, 2021

InvestorNewsBreaks – DSG Global Inc. (DSGT) Announces Growing SEV Deposits, Deal for Purchase of Fleet of SEVs

DSG Global (OTCQB: DSGT) today announced a strategic deal in addition to its electric vehicle division’s receipt of nearly 400 refundable deposits for its SEV vehicles since the first two EV shows on Sept. 17 and Oct. 1, 2021. According to the update, the total retail value of the orders received by Imperium Motor Company is approximately $17 million. Following completion of its ongoing homologation of the SEV for Canada and the U.S., Imperium expects to offer definitive sales contracts to its SEV depositors. In addition, Imperium received a firm order for five SEVs from Louelec, a Montréal-based company offering all-inclusive EV subscriptions to professional drivers and to real-estate developers for carsharing services. “This order is a logical next step for the growth and diversification of our fleet,” said Louelec CEO Léo Bouisson in the news release. “We see in the Imperium SEV, the first car tailored for Uber and taxi drivers, with a spacious interior, a supersized trunk for suitcases, and an attractive ‘price to range’ ratio that will undoubtedly entice drivers. Based on the response from our customer base, we are closely looking into adding more SEVs as we go. While we aim to grow our fleet to 150 to 200 cars by the end of next year, I wouldn’t be surprised that the SEV becomes one of our best sellers. Moreover, we couldn’t be more excited about the upcoming Imperium electric van, that will be a game changer for our delivery customers.”

To view the full press release, visit https://ibn.fm/N5p8B

About DSG Global Inc.

DSG Global is an emerging global technology company with an array of interconnecting businesses in some of the fastest growing market sectors. With roots in the golf industry, in which it specializes in fleet management with patented analytics, mobile touch screen engagement and electric golf carts under the Vantage Tag Systems (“VTS”) brand, the company is moving quickly with road-ready electric vehicles for sale in the last quarter of 2021 through its Imperium Motor Company subsidiary. For more information, visit www.Vantage-Tag.com and www.ImperiumMotorCompany.com.

NOTE TO INVESTORS: The latest news and updates relating to DSGT are available in the company’s newsroom at https://ibn.fm/DSGT

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