Replies to post #76294 on DSG Global Inc (DSGT)

[nwsun]

There's plenty of links that Imperium Motors is a division of DSGT. This is just one.

https://www.globenewswire.com/news-release/2020/03/27/2007658/0/en/IMPERIUM-MOTOR-CORPORATION-division-of-DSG-GLOBAL-INC-Begins-Accepting-Deposits-on-URBEE-Euro-Coupe-and-URBEE-Maxi.html

[nwsun]

Here's another

https://www.globenewswire.com/news-release/2020/06/25/2053461/0/en/DSG-Global-Subsidiary-Imperium-Motor-Company-Receives-Business-License-to-Begin-Selling-Electric-Vehicles-at-Highly-Anticipated-Experience-Center.html

[thor58]

It is a much better story that they don’t manufacture cars, a capital intensive business. They are a distributor w the ability sell/distribute any car that they can make a deal with. If this Skywell EV5 SUV sells well, they will have a home run. The low speed EVs are a whole new emerging market for municipalities, colleges, etc. this is a much lower risk business.

[JEvans1]

No, the have an exclusive cooperation agreement with Jonway to distribute their EVs in the United States, Canada, Mexico and Caribbean.

[ZetaReticuli]

The money is in the distributorship not the manufacturing. They can get a nice profit margin on a low cost of production EV without outlaying hundreds of millions of dollars in manufacturing plants, sourcing supplies, and overhead.