DSGT Global, Imperium Motor division, Strengthens Supply Chain through Partnership with Major Battery and Power Supply Manufacturer NP Power International, Inc.
DSG Global, Inc. (OTCQB: DSGT) announces a distributor agreement between its Imperium Motor Corp. division and NP Power International, Inc. (NPP) for high-quality Lithium-Ion batteries. Initial sales and deliveries are expected within ninety days. This partnership aims to provide a consistent battery supply for the growing U.S. electric vehicle market, addressing supply chain challenges and enhancing competitive advantages for dealers. The global Lithium-Ion battery market is projected to reach USD 80 billion by 2026, growing at a CAGR of 15% from 2020 to 2027.
- Partnership with NPP enhances battery supply chain for electric vehicles.
- First sales and deliveries anticipated within 90 days.
- Partnership supports growth in the U.S. electric vehicle market.
- None.
SURREY, British Columbia, April 06, 2021 (GLOBE NEWSWIRE) -- DSG Global, Inc. (OTCQB: DSGT) ("DSGT" or the "Company") is pleased to announce its Imperium Motor Corp. division signed a sales and service distributor agreement with NP Power International, Inc. (“NPP”), power supply manufacturer which specializes in high-quality batteries and power banks. It is anticipated that first sales and deliveries of these batteries will occur during the ninety days.
NPP is a power supply manufacturer which specializes in high-quality batteries and power banks and will soon supply Lithium-Ion batteries. Imperium Motors will also be assembling the Lithium-Ion battery packs at their facility in CA. The company currently has six large production facilities, including one in California.
“This is a monumental deal for us as this agreement will allow us to be a source of quality customized batteries for our dealers nationwide at a reasonable cost. As mentioned in numerous media outlets the large, expected growth of the U.S. electric vehicle market faces one major roadblock and that is that it is difficult for American automakers to get enough batteries to scale up production. We can help alleviate some of this issue while providing competitive advantages to our dealers,” commented Rick Curtis, President of Imperium Motor Corp.
“Based in Fullerton, California, NPP is just a short drive from our future production facility and will provide just-in-time delivery at no additional cost, shortening our supply line while lessening the risk of overseas shipping delays,” commented Rick Curtis, President of Imperium Motor. “NPP’s wide variety of batteries provides us with a secure source of one of the important components in golf carts, low-speed vehicles, and eventually lithium batteries for the high-speed Terra-E Truck in development as well as other high speed vehicles, at a significant price advantage over other suppliers.”
With the Biden administration pushing for a
According to research study, the global Lithium Ion Battery Market is expected to reach USD 80 billion by 2026. The global Lithium Ion Battery Market is expected to grow at a compound annual growth rate (CAGR) of
NPP operates an 80,000 square meter facility in California and is ISO9001, ISO14001, CE and UL certified.
About NP Power International, Inc.
NP Power International, Inc. (NPP) is a specialized battery manufacturer with NPP international producing an entire series of lithium and sealed lead-acid batteries, including general type, deep-cycle type, get type, etc. Our total investments add up to more than fifty-million dollars.
NPP focuses on quality control for our products, conducting strict product control every step of the manufacturing process. To ensure further quality control of our products, NPP has acquired an assortment of certifications from a multitude of associations.
NPP is aware of our social responsibility, particularly in regard to environmental protection, energy conservation, emission reduction, and waste reduction, and, from day one, we began to strive to uphold our environmental stewardship of developing sustainability and eco-friendliness.
NPP strives for the ultimate customer experience, pushing forward to achieve technical innovation, flawless quality control, and the ability to satisfy international diverse demands.
NP Power international Inc. attaches great attention to product quality control, from raw materials to finished products are strict quality checks to ensure that achieve high standards of quality and performance of each battery factory. Product certification complete, have passed the ISO9001 international quality management system certification, ISO14001 international environmental management system certification and the International Occupational Safety and Health Management System OHSAS18001 certification.
We have also adopted the British IEC International Electrotechnical Commission certification, UL certification, CE certification, Russia, China Gentile certification, and Golden Sun certification.
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 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's 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 over 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/
About Imperium Motor Company
Imperium Motor Company (IMC) is an EV sales 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.
Company Contact:
Brokers and Analysts:
Chesapeake Group
+1-410-825-3930
info@chesapeakegp.com
Dave Gentry
RedChip Companies, Inc.
Phone: (407) 491-4498
dave@redchip.com
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