DSG Global and Imperium Motor Company Signs Deal with Louelec for Purchase of Fleet of SEV’s

SURREY, British Columbia, Oct. 21, 2021 (GLOBE NEWSWIRE) -- DSG Global, Inc. (OTCQB: DSGT) ("DSGT" or the "Company") is pleased to announce that in addition to Imperium receiving nearly 400 refundable deposits for its SEV vehicles since the first two EV show on September 17 and October 1, 2021. The total retail value of these orders if all parties proceed to purchase the SEV is approximately $17 million. Imperium expects to offer definitive sales contracts to its SEV depositors following completion of its ongoing homologation of the SEV for Canada and the U.S.

Imperium also received a firm order for 5 SEV’s from Louelec, a Montréal-based company offering all-inclusive Electric Vehicle subscriptions to professional drivers and to real-estate developers for Carsharing services.

“This order is a logical next step for the growth and diversification of our fleet. We see in the Imperium SEV, the first car tailored for Uber and taxi drivers, with a spacious interior, a supersized trunk for suitcases, and an attractive ‘price to range’ ratio that will undoubtedly entice drivers. Based on the response from our customer base, we are closely looking into adding more SEVs as we go. While we aim to grow our fleet to 150 to 200 cars by the end of next year, I wouldn’t be surprised that the SEV becomes one of our best sellers. Moreover, we couldn’t be more excited about the upcoming Imperium electric van, that will be a game changer for our delivery customers,” says Léo Bouisson, CEO of Louelec.

Imperium will also be attending the Desjardins Electric Vehicle show from October 22-24 in Saint-Hyacinthe, Quebec at the Centre BMO. For more information, please visit https://salonelectrique.com/

About Louelec

Louelec is a Montréal-based company offering flexible, affordable, and all-inclusive Electric Vehicle subscriptions. Removing the hassle and complications of car ownership, they allow their customers to enjoy the benefits of driving a recent EV, with the opportunity to change to newer models as they come out. Their main customers are professional drivers (Uber, taxi, deliveries, driving schools, etc.) and real estate developers offering resident Carsharing services.

For additional information about Louelec, please visit www.louelec.com, or contact them at [e-mail], or by phone at [phone]