FridayJun 25, 2021 1:16 pm

DSG Global Inc. (DSGT), Subsidiary IMC Unveil Array of New EVs at Experience Center Grand Opening Event

Quality, value, diversity hallmarks of EV grand opening event.  IMC has existing inventory already on hand, doesn’t require substantial amount of capital before seeing profitability. Company offers affordable vehicles with emphasis on great design, a green mindset, performance and functionality. DSG Global (OTCQB: DSGT), an emerging global technology company with an array of interconnecting businesses in some of the fastest-growing market sectors, and subsidiary Imperium Motor Company (“IMC”) unveiled more than two dozen electric-powered vehicles at the grand opening of the Imperium Motors Experience Center in Fairfield, California (https://ibn.fm/BGwLh). Held June 18–19, the grand opening event included interviews, press coverage,…

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TuesdayJun 22, 2021 11:58 am

Ideanomics Inc. (NASDAQ: IDEX) Completes the Acquisition of US Hybrid Marking Entry into Burgeoning EV Powertrain Market

Ideanomics completed the acquisition of US Hybrid, a manufacturer and distributor of electric powertrain parts and fuel cell engines for medium and heavy-duty vehicles IDEX paid an aggregate purchase price of $50 million in cash and stock considerations The acquisition marked IDEX’s entry into the burgeoning EV powertrain market, which is expected to grow at a CAGR of 16% from 2020 to 2027 The growth is due to several favorable factors that also bode well for the operations of IDEX and US Hybrid Ideanomics also announced that US Hybrid had received orders from Global Environment Products (“GEP”) for a fleet…

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FridayJun 18, 2021 1:35 pm

DSG Global Inc. (DSGT) Receives Contracts Totaling $987,900 from New Golf Courses in US, Singapore

DSGT selected as fleet-management solution provider for new golf courses. Contracts include servicing and maintenance fees, which provide ongoing continuous monthly revenue. CEO reports continued sales records, progress in Vantage Tag and Imperium Motors divisions. DSG Global (OTCQB: DSGT), an emerging global technology company with an array of interconnecting businesses in some of the fastest-growing market sectors, and its Vantage Tag System (“VTS”) have been selected as the fleet-management solution provider for 15 new golf courses (https://ibn.fm/jvVhm). The contracts for the courses, which are located in the United States and abroad, total almost $988,000 and provide an ongoing revenue stream…

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WednesdayJun 16, 2021 9:00 am

DSG Global Inc. (DSGT) Is ‘One to Watch’

The DSG Global management team has more than a century of combined experience in all aspects of the North American automotive industry, as well as more than 50 years in the design and manufacture of wireless, GPS and fleet tracking solutions DSG Global subsidiary VTS finalized nearly $1 million in contracts to install and maintain VTS Fleet Management products in Q2 2021 at 15 golf courses in the U.S. and Singapore IMC is introducing the Terra-E Truck, Electric powered RVs, Skywell Buses, Rumble/Rover E-bikes, Skywell D-11 cargo and passenger vans and the Skywell K-15 box truck, increasing the company’s product…

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TuesdayJun 08, 2021 9:15 am

2021 Expectations Rise for Ideanomics Inc. (NASDAQ: IDEX) as Electric Vehicle and FinTech Products Show Gains

ROTH Capital’s analyst recently delivered an outlook for revenues of $129 million in 2021, an increase of 119 percent for Ideanomics The company reported revenues of $32.7 million with a gross profit margin of 33.1 percent for the first quarter, boosted largely by its recently acquired fintech subsidiary Timios Holdings A covering analyst’s recent forecast for significant improvement in Ideanomics’ (NASDAQ: IDEX) sustainable energy business outlook, as well as other positive market indicators, appear to portend optimism for the company’s approach to concerns about energy consumption and global living standards.  The forecast is for revenues of $129 million this year,…

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