DSG Global Inc. (DSGT) Subsidiary Announces Launch of Innovative Three-Wheel, Four-Passenger EV

  • New Sagitta electric vehicle will be unveiled at Nov. 17 LA Auto Show
  • Imperium is CMW’s primary Sagitta distribution partner; company anticipates high demand for game-changing vehicle
  • Limited production planned by late 2022, reservations accepted mid-year

DSG Global (OTCQB: DSGT) and its subsidiary, Imperium Motors, have announced the planned unveiling of the Sagitta(TM) electric vehicle during the upcoming Nov. 17, 2021, LA Auto Show (https://ibn.fm/3R6GE). Imperium will partner with California Mobility Works (“CMW”) to show the new three-wheel, four-passenger EV, which is expected to create quite a stir during the shows.  

“We are thrilled to team up with CMW and make Sagitta a huge success,” said Rick Curtis of Imperium Motors. “As a company focused on the EV market for many years, we are very confident that this vehicle will be a big winner.” Imperium is CMW’s primary Sagitta distribution partner, and the company anticipates high demand for the vehicle as well as a need for downstream partners to meet that demand. 

The innovative vehicle features superb styling and engineering and is designed to set a new standard for aesthetics, passenger and cargo space, range, and value. Sagitta will also showcase new technology that allows easy configurability and a wide range of owner-defined interior features. In addition, the vehicle should dramatically expand the accessibility of environmentally responsible EV technology to a broad range of consumers. 

“I am very excited to roll out this incredible new vehicle, which is not only a breakthrough in value for the EV market, but it is a thing of beauty and people will be pleasantly surprised by many innovations in the design,” said CMW cofounder and chief designer Jim Shook.

Following the Nov. 17 unveiling of the Sagitta, CMW will begin initial testing and validation of the vehicle. The company anticipates limited production by late 2022 and will start accepting reservations for the vehicle sometime next year. “Jim and his team have done a remarkable job with Sagitta, which by the way means arrow in Latin,” said CMW chair Scott Burton. “And as an EV enthusiast, I am totally confident in the product and the immediate and continued success it will have in the market.”

Founded in 2018 with the main objective of designing and manufacturing EVs, CMW is focused on transforming the EV market by providing world-class electric vehicles specifically designed to expand and accelerate the already fast-growing space. With an end goal of becoming a leading EV company within five years, CMW is committed to delivering superior value without sacrificing style, performance or safety. The company was founded by several luminaries of Silicon Valley including Kamal Consaga, Bobby Rekhi and Jim Shook.

Imperium Motor Company is an ideal partner for CMW. An expert in EV sales, marketing and distribution, Imperium offers an impressive array of EV vehicles with emphasis on great design, a green mindset, performance, and functionality. Imperium vehicles include high-speed, mid-speed and low-speed electric vehicles, including cars, trucks, SUVs, vans, e-bikes, buses and scooters. “The addition of CMW to IMC’s list of OEM partners is a win-win scenario,” the company stated, “as it will greatly strengthen IMC’s product offering, while IMC represents a ready-made distribution and service organization for CMW-designed products.”

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 sold through its Imperium Motor Company subsidiary.

For more information, visit the company’s website www.DSGTGlobal.com.

NOTE TO INVESTORS: The latest news and updates relating to DSGT are available in the company’s newsroom at https://ibn.fm/DSGT 

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