DSG Global Inc. and Imperium Motor Adding Additional Features and Functionality to the SEV and Electric Buses
December 21, 2021 at 09:00 am
DSG Global Inc. through its automotive division Imperium Motor Corp, announced that because of unfortunate challenges caused by supply chain issues delaying their previously anticipated Fourth Quarter production of 682 vehicles, they are now developing with Skywell a greatly improved SEV as a 2023 model year. Consequently, based on customer and dealer feedback, the company will be adding a significant number of new features to the SEVs. The new features will include faster charging options, Apple Car Play and Android Auto, improved battery thermo regulation as well as many additional safety features. In addition to this new standard equipment, a limited production of 888 First Edition with aesthetic features and badging, with a right of first refusal to their current deposit holders, will be available on a first come first serve basis. Recently the company has received bookings and deposits for 650 SEVs and oral commitments for dozens of Electric Buses. The retail value for bookings of the SEVs on which deposits were received and if converted to sales is approximately $27 million. Multiple incoming vehicles will be use for the purpose of showroom display and consumer test drive by their appointed dealers. As a result of this improved content, the 2023 model year SEVs large-scale production is projected to start in Q2. The company also anticipates delivering their first buses during Second Quarter in 2022.