Cars Arrive for DSG Global and Imperium Motor Company’s Montreal Electric Vehicle Show
DSG Global, Inc. (OTCQB: DSGT) has announced the arrival of its SUV ET5, now branded as the Sport Electric Vehicle (SEV), in Montreal ahead of the Montreal Electric Vehicle Show from September 17-19, 2021. Christian Dubois, President of Imperium Motors Canada, will present the SEV at Booth #807. The company will begin accepting orders, with deliveries expected in Q4 2021, and plans to showcase over twenty models by early 2022. DSGT reports minimal production disruptions due to the global chip shortage, enhancing production stability.
- Arrival of SUV ET5 in Montreal for a major EV event.
- Orders for Imperium Motors SEV to be accepted, with deliveries starting in Q4 2021.
- Ability to sell over twenty vehicle models by Q1 2022.
- Minimal disruption in production amid global chip shortages.
- None.
SURREY, British Columbia, Sept. 08, 2021 (GLOBE NEWSWIRE) -- DSG Global, Inc. (OTCQB: DSGT) ("DSGT" or the "Company") is pleased to announce that the SUV ET5, rebranded as the Sport Electric Vehicle (SEV), has arrived in Montreal in time for the Montreal Electric Vehicle show which will run from September 17th to September 19th.
The Montreal Electric Vehicle Show is the largest EV gathering in Canada with over 30,000 members of the media, industry professional and consumers attending. At the event Christian Dubois, President of Imperium Motors Canada, will be showcasing Skyworth’s SEV in the Imperium Motor Canada Booth #807.
“I am very excited to spend these 3 days of the salon in my hometown of Montreal and meet Electric Vehicles enthusiasts and journalists, as well as meeting many of the dealership applicants who have shown an interest in representing Imperium in Quebec. Canada’s largest EV market” stated Christian Dubois, President, Imperium Canada
The company will be accepting orders and deposits on Imperium Motors SEV with expected deliveries beginning in Q4 2021. Additionally, the company will begin accepting online orders on all vehicles, on or before this event.
“As the company nears completion of the homologation of all products including the SEV, EV Buses, various other Jonway and Skyworth EV products, consumers and dealers will be attracted to the quality, functionality and affordability of our product offerings. We will be showcasing our current product lineup to millions of consumers this fall and unveiling new products simultaneously. The company is now able to sell, produce and deliver over twenty models of vehicles during late Q4 2021 and early Q1 2022. We are fortunate that we will have virtually no disruption in production that many other manufacturers are currently experiencing due to the worldwide chip shortage” stated Bob Silzer, CEO, DSG Global Inc.
About DSG Global
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 first quarter of 2021 through its Imperium Motor Company subsidiary.
About Imperium Motor Corp.
Imperium Motor Corp. (IMC) is an EV sales, manufacturer and marketing company that offers a wide variety of affordable vehicles equipped for the North American market, with emphasis on great design, a green mindset, performance, and functionality. Vehicles will include high-speed, mid-speed and low-speed electric vehicles including cars, trucks, SUVs, vans, buses, and scooters. For additional information about Imperium Motors’ product lines, please visit www.imperiummotorcompany.com.
About Vantage Tag Systems
Vantage Tag Systems (VTS) provides patented electronic tracking systems and fleet management solutions to golf courses and other avenues that allow for remote management of the course's fleet of golf carts, turf equipment and utility vehicles. Its clients use VTS' unique technology to significantly reduce operational costs, improve the efficiency plus profitability of their fleet operations, increase safety and enhance customer satisfaction. VTS has grown to become a leader in the category of fleet management in the golf industry, with their technology installed in vehicles worldwide. VTS is now branching into several new streams of revenue through programmatic advertising, licensing, and distribution, as well as expanding into commercial fleet management, PACER single rider golf carts and agricultural applications. Additional information is available at http://vantage-tag.com/.
Company Contact:
Brokers and Analysts:
Chesapeake Group
+1-410-825-3930
info@chesapeakegp.com
Safe Harbor for Forward-Looking Statements
This news release contains forward-looking information. Such forward-looking statements or information are provided for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes. Any such forward-looking information may be identified by words such as "anticipated," "proposed," "expects," "intends," "may," "will" and similar expressions. Forward-looking information contained or referred to in this news release includes but is not limited to the Company's ability to secure manufacturing facilities and supply chains, the benefits the Company expects to derive from existing and planned products, and the Company's ability to achieve production and sales targets, generally.
Forward-looking statements or information are based on a number of factors and assumptions, which have been used to develop such statements and information, but which may prove to be incorrect. Although the Company believes that the expectations reflected in such forward-looking statements or information are reasonable, undue reliance should not be placed on forward-looking statements because the Company can give no assurance that such expectations will prove to be correct. Factors which could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to: successful completion of due diligence, satisfaction of conditions, and completion of the proposed transaction with MTG, INC. negative cash flow and future financing requirements to sustain operations; dilution; limited history of operations and revenues and no history of earnings or dividends; competition; economic changes; delays in the Company's expansion plans; regulatory changes; and the impact of and risks associated with the ongoing COVID-19 pandemic, including the risk of disruption at the Company's facilities or in its supply and distribution channels. The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company.
Additional factors that could cause actual results to differ materially from those anticipated by our forward-looking statements are described under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Annual Report on Form 10-K for the fiscal year 2020 and our subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, all filed with the Securities and Exchange Commission. Forward-looking statements are made as of the date of this release, and we expressly disclaim any obligation or undertaking to update forward-looking statements. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.
FAQ
What is DSGT's recent announcement regarding the SUV ET5?
When will DSGT start accepting orders for the SEV?
How many vehicle models can DSGT sell in early 2022?
What impact does the global chip shortage have on DSGT's production?
