DSG Global (OTCQB: DSGT), an emerging global technology company with an array of interconnecting businesses in some of the fastest-growing market sectors, and Imperium Motor are now developing an improved SEV for a 2023 model. The company noted that challenges caused by supply chain issues have delayed the vehicle, which was anticipated for release in Q4. While the release will be delayed, the updated offering will include a number of new features, including faster charging options, Apple Car Play and Android Auto, improved battery thermo regulation and other safety features. The company also announced that it will offer a limited production of first-edition vehicles, available on a first-come, first-serve basis. The company has received orders for 650 SEVs and commitments for dozens of electric buses; the value of these commitments is approximately $27 million, the company estimated. DSG Global anticipates large-scale production on the SEVs to begin in Q2, with delivery of its electric buses slated for Q2 as well. “The company has had a large influx of dealer candidates throughout North America who wish to represent our products lines in the coming weeks,” said Imperium Motor CEO Rick Curtis in the press release. “These newly announced enhancements will continue to drive customer demand and ensure that our dealer network and customers are fully satisfied with our product offerings.”
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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 through its Imperium Motor Company subsidiary. For more information about the company, please visit www.DSGTGlobal.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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