ECDA

Project Big Sky Unveiling: ECD Automotive Design has introduced Project Big Sky, a custom-built Defender 110 that showcases luxury craftsmanship and modern engineering, featuring a Fiat Light Blue exterior and a powerful GM LT1 V8 engine with 455 horsepower.

Bespoke Luxury Features: The vehicle's interior is designed for comfort and elegance, with custom leather seating, advanced technology, and premium materials, reflecting ECD's commitment to personalized automotive luxury and craftsmanship.

ECD Automotive Design Pop-Up Launch: ECD Automotive Design has opened a seasonal pop-up location in Nantucket, coinciding with the Daffodil Festival Weekend, showcasing two unique vehicles—Project Essex and Project Race—while offering visitors an interactive experience to explore custom luxury vehicle design.

Collaborative Community Engagement: The pop-up aims to foster connections with local brands and residents, culminating in a Nantucket Special Edition vehicle, while also serving as a creative hub for events and lifestyle experiences throughout the year.

Financial Performance: ECD Automotive Design reported a 29% revenue growth in 2024, reaching $25.2 million, but faced a net loss of $10.8 million due to increased operating expenses related to its transition to a public company and financial restatement costs.

Strategic Expansion: The company is focusing on enhancing production capabilities and expanding retail locations to drive future growth, while also aiming to convert inventory investments into cash and innovate within the luxury vehicle market.

Financial Performance: ECD Automotive Design reported a 35% increase in year-to-date revenues, reaching $19.9 million, with gross profit rising by 69% to $5.6 million for the nine months ended September 30, 2024. However, the company also faced a net loss of $7.5 million during the same period.

Growth Strategy: CEO Scott Wallace emphasized the company's commitment to expanding its luxury automotive offerings and retail strategies, including partnerships and innovative sales approaches, while managing non-recurring expenses related to financial restatements.

Introduction of the County Collection: ECD Auto Design has launched the County Collection, a limited-edition series of bespoke Land Rover Defenders inspired by various UK counties, featuring unique color palettes and immediate availability for purchase.

Exclusive Ownership Experience: Each County Collection Defender offers more than just a vehicle; it includes personalized client experiences, a detailed journey book, and premium warranty and service, emphasizing craftsmanship and storytelling.

Project Blanca Overview: ECD Auto Design has unveiled Project Blanca, a custom Defender 110 that combines luxury and off-road capability with features like a GM LT1 V8 engine, high-performance brakes, and a sophisticated interior with premium materials and advanced technology.

Craftsmanship and Customization: This one-of-a-kind vehicle showcases ECD's commitment to bespoke automotive design, highlighting their expertise in creating unique vehicles tailored to individual client preferences, blending classic aesthetics with modern performance.

ECD Auto Design Launches ECD Ford Mustang: ECD Auto Design has begun production of the bespoke ECD Ford Mustang, a modern reinterpretation of the classic 1966-1970 model, featuring advanced technology and luxurious customization options tailored to individual client preferences.

Expansion into American Muscle Cars: This marks ECD's first foray into the American muscle car market, building on their expertise in restoring high-end vehicles, with a focus on delivering a unique driving experience that balances heritage and modern performance.

Production Launch: ECD Auto Design has begun production of the bespoke ECD Ford Mustang, a modern reimagining of the classic 1966-1970 model, combining heritage with advanced technology and customization options.

Company Expansion: This marks ECD's first venture into American muscle cars, expanding their portfolio beyond luxury restorations of vehicles like Land Rovers and Jaguars, while emphasizing personalized craftsmanship and high-quality standards.

ECD Automotive Design Expansion: ECD Automotive Design has partnered with Ten Easy Street in Nantucket to enhance its retail presence, showcasing bespoke luxury vehicles and hosting exclusive events starting in 2025.

About Ten Easy Street: Ten Easy Street is a concept showroom that combines high-end design with a collaborative environment, offering an intimate shopping experience for affluent customers while serving as a cultural hub for the community.

Launch of Boutique Studio: ECD Auto Design has introduced its new "Boutique" Studio, aimed at creating highly customized, one-of-a-kind vehicles for discerning clients, expanding beyond their traditional offerings to include bespoke automotive craftsmanship.

Commitment to Customization and Quality: The Boutique Studio will operate with a dedicated team focused on producing 18 unique vehicles in its first year, emphasizing precision engineering, high-quality materials, and an immersive design experience for clients.

Project Skywood Introduction: ECD Auto Design has unveiled Project Skywood, a custom Land Rover Defender 110 featuring a powerful GM LS3 engine, luxurious interior with premium materials, and advanced technology, designed for both performance and comfort in Pennsylvania's diverse landscapes.

ECD Auto Design Overview: Founded in 2013, ECD specializes in creating bespoke luxury vehicles, combining classic designs with modern performance, and operates from its headquarters in Kissimmee, Florida, employing skilled craftsmen to restore and customize vehicles like the Land Rover Series and Jaguar E-Type.

New Appointment: ECD Automotive Design has appointed Kevin Kastner as Chief Revenue Officer to enhance sales and develop a retail strategy, leveraging his extensive experience in the automotive industry.

Company Overview: ECD Auto Design specializes in restoring luxury vehicles like Land Rover Defenders and Jaguars, combining classic aesthetics with modern performance, and operates from a large facility in Kissimmee, Florida.

New Luxury Vehicle Unveiling: ECD Auto Design has introduced "The Farmington Hills Commission," a bespoke restomod of the classic Jaguar E-Type, featuring a GM LT1 V8 engine and modern enhancements while maintaining its iconic design.

Craftsmanship and Features: This one-of-a-kind vehicle showcases luxurious interior finishes, advanced technology, and superior performance features, embodying ECD's commitment to custom automotive excellence.

ECD Auto Design Launches Custom Land Rover: ECD Auto Design has introduced its first built-for-inventory custom Land Rover, catering to the increasing demand for immediately available luxury vehicles. Priced from $249,995, this model combines classic design with modern features and offers customization options.

Features and Specifications: The new Land Rover boasts a powerful LS3 6.2L V8 engine, luxurious leather interiors, advanced technology, and rugged performance capabilities, all while maintaining ECD's commitment to high-quality craftsmanship and innovation.

Company Presentation Announcement: ECD Automotive Design, Inc. will present at the LD Micro 17th Annual "Main Event" on October 30, 2024, in Los Angeles, with CEO Scott Wallace and CFO Ben Piggott available for one-on-one meetings.

About ECD Automotive: ECD specializes in restoring and modifying luxury vehicles like Land Rover Defenders and Jaguar E-Types, offering bespoke designs crafted by skilled technicians in their Kissimmee, Florida facility.

New Retail Strategy: ECD Automotive Design has announced plans to open brick-and-mortar showrooms to market and sell their restored luxury vehicles, partnering with Site Selection Group to identify optimal locations for this retail expansion.

Revenue Opportunities: The company aims to enhance customer experience and increase revenue through three main avenues at retail locations: custom builds, immediate delivery of existing vehicles, and sales of used ECD vehicles.

ECD Auto Design Partners with Mercy Full Projects: ECD Auto Design has announced its collaboration with Mercy Full Projects, a non-profit organization focused on rescuing animals, to support their mission through funding and awareness campaigns featuring custom luxury vehicles.

Campaign Launch for Animal Adoption: The partnership includes a photo and video shoot at a local dog park showcasing adoptable dogs alongside ECD's classic Land Rover Defenders, aimed at promoting pet adoption and raising visibility for animal welfare initiatives.

ECD Auto Design Launches Cars & Coffee Event: ECD Auto Design is hosting its inaugural Cars & Coffee event on September 22, 2024, at their headquarters in Kissimmee, Florida, inviting automotive enthusiasts to experience their custom luxury vehicle restorations and tour their 100,000 square-foot facility.

Community Engagement and Future Events: The event aims to foster community engagement among car culture enthusiasts and will be part of a regular series designed to connect gearheads and collectors while showcasing the artistry behind ECD's bespoke vehicles.

ECD Automotive Design Listing Update: ECD Automotive Design, Inc. has successfully transferred its listing from The Nasdaq Global Market to The Nasdaq Capital Market after receiving approval from Nasdaq on September 11, 2024, following a delisting notice due to non-compliance with market value requirements.

Company Overview: Founded in 2013, ECD specializes in restoring and modifying classic luxury vehicles, including Land Rover Defenders and Jaguars, with a focus on bespoke designs crafted by skilled technicians at their facility in Kissimmee, Florida.

Collaboration Announcement: ECD Automotive Design has partnered with Roush to enhance its custom classic Mustang builds by offering high-performance Roush engines, starting with the ROUSH 347 SR engine, which promises powerful and reliable performance.

Commitment to Quality: This collaboration reflects ECD's dedication to luxury and bespoke vehicle restoration, combining classic design with modern engineering excellence to deliver an exceptional driving experience for clients.