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DSG Global Inc. (OTCQB: DSGT) announced the installation of fleet management products at five golf courses, enhancing its market presence. Notable installations include 85 tag golf systems at Ironwood Golf Club and 90 tag text units at Tulare Golf Course. The company anticipates delivering multiple electric vehicles from Skywell and Jonway within four weeks. DSGT's President highlighted an increase in monthly installations, validating the effectiveness of their fleet management platform. Additional installations are expected as demand for their Infinity system and Pacer golf cars grows.
DSG Global Inc. (OTCQB: DSGT) announced a strategic partnership with Skywell New Energy Automobile Group to exclusively market electric vehicles in North America, initiating with the ET5 SUV. This collaboration aims to enhance product diversity and capitalize on Skywell's established presence in the electric vehicle market. Additionally, DSGT is pursuing a spinoff or partial sale of its subsidiary, Imperium Motor Company, to public entities, which could lead to significant cash inflow and shareholder benefits. A conference call will be held later this month to discuss these developments.
DSG Global Inc. (OTCQB: DSGT) has announced the addition of the all-new Electric Pickup Terra-E to its Imperium Motor Corp. lineup, bringing the total to over 20 Electric Vehicle models. Developed with partner Jonway Group, the Terra-E features a modern chassis and offers various drivetrain options. With a range exceeding 200 miles, it is designed for robust off-road capabilities. The truck is expected to appeal significantly to consumers and will be available for purchase in Q1 2021. The company aims to increase its product offerings and generate substantial market interest.
DSG Global Inc. (OTCQB: DSGT) announced the completion of the design for its new PACER single rider golf carts, with deliveries set for early October. The initial shipment is expected to generate approximately $1,175,000 in annual revenue. Company President Bob Silzer highlighted that additional orders could bring projected revenue between $10 million and $15 million in 2021. Vantage Tag Systems, a subsidiary, continues to expand its fleet management technology across various golf courses, further enhancing the operational efficiency and customer satisfaction.