{"id":414968,"date":"2021-01-14T09:03:38","date_gmt":"2021-01-14T14:03:38","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=414968"},"modified":"2021-01-14T09:03:38","modified_gmt":"2021-01-14T14:03:38","slug":"dsgt-completes-corporate-milestones-and-begins-accepting-orders-on-the-skywell-et5-suv-and-rumble-motors-rover-electric-bike","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/dsgt-completes-corporate-milestones-and-begins-accepting-orders-on-the-skywell-et5-suv-and-rumble-motors-rover-electric-bike\/","title":{"rendered":"DSGT completes Corporate Milestones and Begins Accepting Orders on the Skywell ET5 SUV and Rumble Motors Rover Electric Bike"},"content":{"rendered":"
\n

SURREY, British Columbia, Jan. 14, 2021 (GLOBE NEWSWIRE) — DSG Global, Inc. (OTCQB: DSGT) (\u201cDSGT\u201d or the \u201cCompany\u201d) and its subsidiary Imperium Motors\u2019 gives corporate update and announces significant milestones.<\/p>\n

Today the company will begin accepting pre-orders for the highly anticipated Skywell ET5 SUV. The vehicle will initially be available in two levels, the LV2 High Level Package with an estimated 323 miles per charge and the LV0 Deluxe Level package with an estimated 251 miles per charge using the NEDC (New European Driving Cycle) standard. Base MSRP pricing has been determined to be USD$39,940 for the ET4 LV2 and USD$29,990 for the LV0 model equipped especially for the US and North American markets. These prices are before the Federal Tax Credit program available for Electric Vehicles of USD$7,500 and any State or local incentives that may also be available in some markets. “These vehicles are very well equipped, have great range and are extremely well designed for the North American and world markets.” said Rick Curtis, President of Imperium Motor Corp. He further stated, “Once the vehicle has achieved NHTSA certification and FMVSS compliance it will become available to the market.”\u00a0<\/p>\n

To pre-order please visit https:\/\/www.imperiummotorcompany.com\/reserve-your-et5\/<\/a><\/u>for more information. Within a few weeks, those on the pre-order list will be required to make a deposit of USD$100 fully refundable and limited to the first 100,000 orders to hold their position.<\/p>\n

Rumble Motors Rover Electric Bike have been praised by users from all over the world and are currently being featured on HBO\u2019s hit show \u201cWestworld\u201d. The Rumble Motor bikes readies for the launch and delivery of these vehicles.<\/p>\n

DSGT recently raised $1.5 million as orders continue to accelerate for Electric Vehicles and the Company pushes to bring the SUV, truck, buses, automobiles, and E-Bikes to market. Under the terms of the agreement, signed on December 23, 2020, GHS purchased 1500 Series F Preferred shares, capable of being exchanged into 1,500,000 shares in six months. GHS also underlying warrants which could bring the potential value of the funding up to $3.0 Million. The company has the option to buy back any outstanding share of the Series F Preferred for six months from the date of issuance.<\/p>\n

\u201cThis is an especially important milestone for DSG Global. Not only was the deal finalized at a significant premium to market at the time of closing, but the company also now can fulfill its goals of hosting a virtual \u201cGrand Opening\u201d at the Experience Center later this year for dealers, the public and begin processing orders and delivering vehicles. but it will permit the company to increase inventory of many of its 20+ Electric Vehicles models. It will also allow the company to prepare for the launch of the SUV and other EV\u2019s. The investor-friendly terms will allow the company to grow rapidly during 2021 and hit its revenue and earnings targets. With many of our vehicles already being sold and many more coming to market in the next few months, we believe we are significantly ahead of most other Electric Vehicle companies at a time when the overall growth of the number of Electric Vehicles on the road is increasing by over 50% annually,\u201d commented Bob Silzer, President and CEO of DSG Global, Inc.<\/p>\n

The Skywell ET5 will initially be available in two levels, the LV2 High Level Package with an estimated 323 miles per charge and the LV0 Deluxe Level package with an estimated 251 miles per charge using the NEDC (New European Driving Cycle) standard. These models will be specially equipped for the US and North American markets. These vehicles will qualify for the Federal Tax Credit program available for Electric Vehicles of $7,500 and any State or local incentives that may also be available in some markets.<\/p>\n

“The Skywell ET5 vehicles are very well equipped, have great range and are extremely well designed for the North American markets.” said Richard Curtis, President of Imperium Motor Corp. He further stated, “Once the vehicle has achieved NHTSA certification and FMVSS compliance it will become available to the market.”.\u00a0<\/p>\n

The company understands the need to improve all facets of the consumer facing information as it quickly establishing itself as a leader in the North American EV marketplace. You will see a gradual rollout over the next few weeks of an improved and enhanced website and social media presence. This will be a work in progress that likely will not be fully completed for approximately thirty days, but visitors should immediately begin to see a more robust and efficient presence.<\/p>\n

The product roster is expanding and will include additional buses, high speed, and low speed EV\u2019s as well as an improved scooter and bike lineup.<\/p>\n

With its partner, the company has applied and awaits confirmation of the WMI# license, allowing the Company the ability to assemble and sell its electric vehicle products. Skywell can provide both CBU or completely built units as well as SKD or semi knockdown models to be assembled in North America. Imperium can also perform “final assembly” locally. The company remains in negotiations with interested parties and expects municipal sales to rapidly escalate during the spring months. Final confirmation is anticipated shortly, and the company will communicate with shareholders once received.<\/p>\n

\u201cEach day we are making progress towards becoming a leader in the EV marketplace. We continue to receive additional vehicles and will have a full inventory of most of our current vehicles as we proceed through the year. We look forward to sharing our showroom, additional EV models and videos over the remainder of the month. We remain on track to meet or exceed our sales goals and expect to be delivering thousands of vehicles,\u201d stated Rick Curtis, President of Imperium Motors.<\/p>\n

\n About Imperium Motor Company<\/strong>
\n \n <\/p>\n

Imperium Motor Company 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\u2019 product lines, please visit\u00a0www.imperiummotorcompany.com<\/a><\/u>.<\/p>\n

\n About VANTAGE TAG SYSTEMS INC (VTS)<\/strong>\n <\/p>\n

Vantage Tag Systems provides patented electronic tracking systems and fleet management solutions to golf courses and other avenues that allow for remote management of the course\u2019s fleet of golf carts, turf equipment and utility vehicles. Its clients use VTS\u2019s 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\u00a0http:\/\/vantage-tag.com\/<\/a><\/u><\/p>\n

\n Safe Harbor for Forward-Looking Statements<\/strong>\n <\/p>\n

Forward-looking statements in this press release include statements relating to, among other things, the Company\u2019s ability to open its new customer facility and its ability to close and deliver on various purchase orders from customers, and the Company\u2019s expansion into markets outside of the golf industry. Forward-looking statements are inherently subject to risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, including, without limitation, the following: the timing and nature of any capital raising transactions; our ability to offer products and services for use by customers in new markets outside of the golf industry; our ability to deliver in a timely fashion and to our customers\u2019 satisfaction the products purchased; the risk of competition; our ability to find, recruit and retain personnel with knowledge and experience in selling products and services in existing and new markets; our ability to manage growth; and general market, economic and business conditions. Additional factors that could cause actual results to differ materially from those anticipated by our forward-looking statements are under the captions \u201cRisk Factors\u201d and \u201cManagement\u2019s Discussion and Analysis of Financial Condition and Results of Operations\u201d in our Annual Report on Form 10-K for the fiscal year 2018 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.<\/p>\n

Contacts:<\/p>\n\n\n\n\n
Chesapeake Group<\/td>\n<\/tr>\n
+1-410-825-3930<\/td>\n<\/tr>\n
\n info@chesapeakegp.com<\/a>\n <\/td>\n<\/tr>\n<\/table>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

SURREY, British Columbia, Jan. 14, 2021 (GLOBE NEWSWIRE) — DSG Global, Inc. (OTCQB: DSGT) (\u201cDSGT\u201d or the \u201cCompany\u201d) and its subsidiary Imperium Motors\u2019 gives corporate update and announces significant milestones. Today the company will begin accepting pre-orders for the highly anticipated Skywell ET5 SUV. The vehicle will initially be available in two levels, the LV2 High Level Package with an estimated 323 miles per charge and the LV0 Deluxe Level package with an estimated 251 miles per charge using the NEDC (New European Driving Cycle) standard. Base MSRP pricing has been determined to be USD$39,940 for the ET4 LV2 and USD$29,990 for the LV0 model equipped especially for the US and North American markets. These prices are before the Federal … <\/p>\n

Continue reading “DSGT completes Corporate Milestones and Begins Accepting Orders on the Skywell ET5 SUV and Rumble Motors Rover Electric Bike”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-414968","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nDSGT completes Corporate Milestones and Begins Accepting Orders on the Skywell ET5 SUV and Rumble Motors Rover Electric Bike - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/dsgt-completes-corporate-milestones-and-begins-accepting-orders-on-the-skywell-et5-suv-and-rumble-motors-rover-electric-bike\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DSGT completes Corporate Milestones and Begins Accepting Orders on the Skywell ET5 SUV and Rumble Motors Rover Electric Bike - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SURREY, British Columbia, Jan. 14, 2021 (GLOBE NEWSWIRE) — DSG Global, Inc. (OTCQB: DSGT) (\u201cDSGT\u201d or the \u201cCompany\u201d) and its subsidiary Imperium Motors\u2019 gives corporate update and announces significant milestones. Today the company will begin accepting pre-orders for the highly anticipated Skywell ET5 SUV. The vehicle will initially be available in two levels, the LV2 High Level Package with an estimated 323 miles per charge and the LV0 Deluxe Level package with an estimated 251 miles per charge using the NEDC (New European Driving Cycle) standard. Base MSRP pricing has been determined to be USD$39,940 for the ET4 LV2 and USD$29,990 for the LV0 model equipped especially for the US and North American markets. 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(OTCQB: DSGT) (\u201cDSGT\u201d or the \u201cCompany\u201d) and its subsidiary Imperium Motors\u2019 gives corporate update and announces significant milestones. Today the company will begin accepting pre-orders for the highly anticipated Skywell ET5 SUV. The vehicle will initially be available in two levels, the LV2 High Level Package with an estimated 323 miles per charge and the LV0 Deluxe Level package with an estimated 251 miles per charge using the NEDC (New European Driving Cycle) standard. Base MSRP pricing has been determined to be USD$39,940 for the ET4 LV2 and USD$29,990 for the LV0 model equipped especially for the US and North American markets. 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