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InvestorNewsBreaks – DSG Global Inc. (DSGT) Announces Impressive 1H 2022 Results
June 28, 2022

InvestorNewsBreaks – DSG Global Inc. (DSGT) Announces Impressive 1H 2022 Results

DSG Global (OTCQB: DSGT), an emerging leader in the electric vehicles market including SUVs, buses and golf carts, today announced a strong first half of 2022 in all divisions. DSG’s Golf Cart Division brings production and supply to North America, and the company is opening additional assembly line facilities in Florida and Arizona to fill the backlog of orders and keep up with the increase of future demand. Separately, DSG’s Shelby Golf Cart continues to see an increase in sales and demand, and the company is finalizing discussions with retail dealers in North America to start onsite and online sales of the Shelby Product line through www.acgolfcarts.com. “We believe that we’ll see a sizeable uptrend in sales for the remainder of the year, especially during Q3 and Q4. With non-dilutive funding secured, we will be able to showcase the Infinity System, Vantage and Shelby electric golf carts and the new Shelby e-bikes,” said Robert Silzer, CEO of DSG Global. “DSG continues to see growth in all aspects of its business and has collected approximately 1950 refundable deposits for the SEV, with most expected to be delivered during Q4 2022 and Q1 2023. Upon delivery, this would generate approximately $80 million in bookable revenue.”

To view the full press release, visit https://ibn.fm/h2Ryp

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 Vantage and Shelby 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 2022 through its IMC subsidiary.

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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