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DSG GLOBAL INC - DSGT STOCK NEWS

Welcome to our dedicated page for DSG GLOBAL news (Ticker: DSGT), a resource for investors and traders seeking the latest updates and insights on DSG GLOBAL stock.

DSG Global is an emerging global technology company with a diverse portfolio of businesses in rapidly growing market sectors. Specializing in fleet management in the golf industry, the company offers patented analytics, mobile touch screen engagement, and electric golf carts under the Vantage Tag Systems (VTS) brand. DSG Global is also introducing road-ready electric vehicles for sale in the first quarter of 2021, showcasing its commitment to innovation and sustainability.

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DSG Global, Inc. (OTCQB: DSGT) announced its participation in the LA Auto Show from November 19 to 28, 2021. This prominent event, spanning 1,000,000 square feet, is expected to draw over 26,500 industry leaders and influencers, providing significant media exposure. DSGT plans to showcase various electric vehicles including the Skywell ET5 SUV and Rumble Motors E-Bikes, marking an important promotional opportunity for their product line. This visibility is crucial for boosting sales and brand recognition in the growing electric vehicle market.

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DSG Global, Inc. (OTCQB: DSGT) announces the opening of a new Logistics and Service Center in West Sacramento, enhancing its operational capacity. This facility will support the growing demand for its electric vehicles, including High and Low Speed Vehicles, Golf Carts, e-Bikes, and Scooters. CEO Bob Silzer emphasizes the strategic importance of the center in strengthening their supply chain and preparing for a planned NASDAQ uplisting, alongside raising $15 million for expansion in 2021.

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DSG Global, Inc. (OTCQB: DSGT) has signed a lease for its first North American manufacturing facility in Palmdale, California, to produce its Pacer Single Rider Golf Cart and assemble vehicles for the Electric Vehicle (EV) industry. The facility is expected to be operational within three months, reducing delivery times and costs significantly while enhancing customer service. This move positions DSGT as a competitive player in the growing EV market and enables them to meet increasing demand.

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DSG GLOBAL INC. (OTCQB: DSGT) will present live at the Emerging Growth Conference on April 28, 2021, at 1:00 P.M. EST. The event offers an opportunity for shareholders and the investment community to engage with the Company’s leadership team, including CEO Robert Silzer. The presentation will cover products, future plans, and the PPP project. Attendees can register via a unique link and may access an archived webcast if they miss the live event. The Emerging Growth Conference connects public companies with investors, showcasing innovative products and growth potential.

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DSG Global, Inc. (OTCQB: DSGT) reported approximately $1.2 million in sales across its electric vehicle (EV) and golf divisions during the first two weeks of April 2021. This included over $900,000 in e-bike sales and $255,000 from Vantage Tag sales to golf courses in Maryland, Wisconsin, and Ontario. The company plans to raise $15 million through an underwritten offering to support its upcoming application for up-listing to the Nasdaq. The e-bike market is expected to grow significantly, bolstering DSGT's growth prospects.

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DSG Global, Inc. (OTCQB: DSGT) has completed shipments of various vehicles to North America, highlighting their growing product offerings. Notable shipments include Jonway Trucks, Vans, LSV vehicles, and a Skywell 12 Meter Bus, expected to arrive in 3-4 weeks. The company has also prepared 150 Rover e-Bikes for delivery and has ordered an additional 150 units. Two Terra Trucks are also en route. This activity reflects the company’s operational momentum and commitment to expanding its electric vehicle presence in the market.

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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.

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DSG Global, Inc. (OTCQB: DSGT) has unveiled new electric vehicle models, including the Imperium Bus to capitalize on the expanding U.S. electric bus market, expected to grow from $469 million in 2019 to $1.5 billion by 2024. The company is now accepting refundable deposits for the Skywell ET5 SUV and T-01 Personal Mobility Vehicle. The T-01 aims to provide affordable mobility for disabled individuals, with no extra cost for adaptations. DSGT’s Imperium Bus features advanced specifications, including a 322-kWh battery and ADA compliance, enhancing accessibility and ride dynamics.

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DSG Global, Inc. (OTCQB: DSGT) announced the installation of its Vantage Tag system at nine golf clubs valued over $700K, set to be completed in the next 45 days. High-profile installations include the INFINITY HD 12” system at Farm Neck Golf Club and Wild March Golf Course. Recently, DSGT also extended contracts at Kedron Dells Golf Club and installed systems at Bayside Golf Club. The Vantage Tag system is recognized for its affordability and reliability, with installations at numerous prestigious courses globally.

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DSG Global, Inc. (OTCQB: DSGT) launched its new electric-powered T01 model trike through Imperium Motor Corp, aiming to offer affordable transportation in North America. With a MSRP of $3,990, the T01 features seating for three, a sunroof, and other amenities. The first order of T01 e-trikes is fully sold out, indicating strong market interest. The company sees significant growth potential in the clean energy vehicle sector, aiming to cater to millions of consumers seeking inexpensive transportation options.

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FAQ

What is the market cap of DSG GLOBAL (DSGT)?

The market cap of DSG GLOBAL (DSGT) is approximately 157.0.

What does DSG Global specialize in?

DSG Global specializes in fleet management, providing innovative solutions for the golf industry.

What products does DSG Global offer under the Vantage Tag Systems brand?

Under the Vantage Tag Systems brand, DSG Global offers electric golf carts with patented analytics and mobile touch screen engagement.

When are DSG Global's road-ready electric vehicles expected to be available for sale?

DSG Global plans to introduce road-ready electric vehicles for sale in the first quarter of 2021, showcasing its commitment to sustainability and innovation.

What makes DSG Global a unique technology company?

DSG Global stands out as a technology company due to its diverse portfolio of businesses in rapidly growing market sectors, its focus on innovation in fleet management, and its commitment to introducing sustainable electric vehicles.

Who can be contacted for inquiries about DSG Global's golf car operations?

For inquiries about DSG Global's golf car operations, Kevin Boocock, VP of Golf Car Operations, can be reached at 1-239-851-5630 or via email at Kevin@vantage-tag.com.

How can I learn more about DSG Global and Vantage Tag Systems?

Additional information about DSG Global and Vantage Tag Systems is available on the company's website at http://vantage-tag.com/.

What is the Safe Harbor for Forward-Looking Statements related to DSG Global?

The Safe Harbor for Forward-Looking Statements provides cautionary notes regarding the company's future projections and expectations, emphasizing the uncertainty inherent in forward-looking statements.

Who is Patrick Parenti and how can he be contacted?

Patrick Parenti is the Sr. VP of Global Sales at DSG Global. He can be contacted at 1 (877) 589-8806 x2 or via email at sales@vantage-tag.com for sales-related inquiries.

Where can I find additional information about DSG Global and Vantage Tag Systems?

For additional information about DSG Global and Vantage Tag Systems, visit the company's website at http://vantage-tag.com/.

What sectors does DSG Global operate in?

DSG Global operates in some of the fastest growing market sectors, showcasing its versatility and adaptability to changing industry trends.

What sets DSG Global apart in the technology industry?

DSG Global's commitment to innovation, sustainability, and market diversification sets it apart in the technology industry, positioning the company for continued growth and success.

DSG GLOBAL INC

OTC:DSGT

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DSGT Stock Data

157
157.26M
0.96%
Scientific & Technical Instruments
Technology
Link
United States of America
Surrey