Automotive Restoration

Search documents
Project Oliver is ECD’s Bold Nod to the Urban SUV lifestyle, Melding Classic Defender Ethos with Modern Performance
Globenewswire· 2025-09-03 12:04
Core Concept - ECD Automotive Design introduces Project Oliver, a bespoke 1996 Land Rover Defender D110 that combines rugged performance with luxury design, reflecting the individuality of its clients [2][5]. Company Overview - ECD Automotive Design is a public company trading under ECDA on Nasdaq, specializing in the restoration of luxury vehicles, blending classic aesthetics with modern performance [9]. - Founded in 2013 by three British automotive enthusiasts, the company emphasizes high standards for quality and custom luxury vehicles, with each vehicle taking approximately 2,200 hours to hand-build [9]. Product Specifications - Project Oliver features a robust LT1 V8 engine paired with a 10-speed automatic transmission, designed for both on-road and off-road performance [3][8]. - The vehicle includes advanced features such as a central locking differential, heavy-duty axles, BREMBO brakes, and ECD's signature Air Ride suspension [3][8]. - The exterior is finished in Mercedes-Benz Obsidian Black Metallic, with custom details like ceramic-coated dual exhaust tips and a bespoke steering guard [4][8]. Interior Features - The interior of Project Oliver is crafted for comfort and durability, featuring premium black leather with diamond stitching and a black suede headliner [5][8]. - It includes modern technology upgrades such as a touchscreen infotainment system with CarPlay, premium audio, and a 360° external camera system [6][7][8]. Customization and Craftsmanship - Each vehicle produced by ECD is fully bespoke, designed by the client through a luxury design experience, ensuring that every detail reflects the owner's individuality [5][9]. - The company employs master-certified Automotive Service Excellence craftsmen, with a combined total of 80 ASE certifications and five master-level certifications [9].
ECD Automotive Design Reports Second Quarter 2025 Financial Results; Record Quarterly Revenue of $7M and Expansion of Product Offering with Legendary Mustang
Globenewswire· 2025-08-20 12:15
Core Insights - ECD Automotive Design, Inc. reported record revenue of $7.0 million for Q2 2025, up from $6.5 million in the same quarter last year, driven by bespoke demand and manufacturing efficiencies [5][7] - The company experienced a decline in gross profit to $1.4 million from $2.1 million year-over-year, primarily due to tariff impacts [5][7] - ECD's net loss increased to $4.3 million in Q2 2025, compared to a net loss of $2.0 million in the same quarter last year, attributed to reduced margins and increased general and administrative expenses [7][10] Financial Performance - Revenue for Q2 2025 was $7.0 million, a 7.7% increase from $6.5 million in Q2 2024 [7][9] - Gross profit decreased to $1.4 million, reflecting a decline of 32.8% from $2.1 million in the prior year [7][9] - Operating expenses rose to $4.0 million, an increase of $1.4 million from the previous year [9] - The operating loss for Q2 2025 was $2.6 million, compared to a loss of $0.5 million in Q2 2024 [10] Strategic Developments - ECD launched its first Mustang build in partnership with Roush Performance, expanding its product portfolio into the American muscle car category [6][8] - The company secured a $500 million equity facility aimed at accumulating Bitcoin as a primary reserve asset and funding growth initiatives [7][8] - Seasonal pop-up retail locations in Nantucket, MA, and West Palm Beach, FL, have contributed positively to order backlog and sales, serving as engagement hubs for the brand [6][8] Management Changes - Victoria Hay was appointed as Chief Financial Officer effective August 15, 2025, bringing experience from growth-stage public companies [7][8] - Ben Piggot will transition to Director of Corporate Development, focusing on strategic initiatives including mergers and acquisitions [7][8]
A Collector's Dream in Olive Yellow Green, This 1995 Defender 110 Was Built for the Open Horizon
GlobeNewswire News Room· 2025-08-19 12:05
Core Concept - ECD Automotive Design introduces Project Daybreak, a custom-built Defender 110 that combines rugged capability, refined comfort, and timeless heritage, aimed at both urban and adventurous driving experiences [2][7]. Vehicle Specifications - Project Daybreak features a 430-horsepower LS3 V8 engine paired with a 6-speed automatic transmission, ensuring responsive performance across various terrains [3][8]. - The vehicle is equipped with ECD Air Ride suspension for a smooth ride, heavy-duty stock axles, robust disc brakes, and 18-inch Cornish Cream Sawtooth wheels with BFG All-Terrain tires [3][8]. Design and Comfort - The exterior showcases meticulous detailing, including a Heritage-style grille, Zermatt Silver accents, and fold-down steps, reflecting the company's commitment to perfection [4]. - Inside, the vehicle offers RECARO Orthoped front seats in chocolate brown leather, heated and cooled front seats, and a combination of black leather and French Oak wood accents, creating a functional yet inviting environment [5][6]. Technology Integration - Project Daybreak incorporates modern technology with features such as a touchscreen stereo with wireless CarPlay, Pioneer audio system, 360-degree camera view, and remote start capabilities [6][8]. Company Overview - ECD Automotive Design, publicly traded under ECDA on Nasdaq, specializes in restoring luxury vehicles, blending classic aesthetics with modern performance [9]. - Founded in 2013, the company operates from a 100,000-square-foot facility in Kissimmee, Florida, employing 105 skilled workers with extensive certifications in automotive service [9].
ECD Automotive Design to Host Second Quarter 2025 Financial Results Conference Call on Thursday, August 21, 2025
Globenewswire· 2025-08-19 12:00
KISSIMMEE, Fla., Aug. 19, 2025 (GLOBE NEWSWIRE) -- ECD Automotive Design, Inc. (NASDAQ: ECDA) ("ECD" or the "Company"), the world's largest Land Rover and Jaguar restoration company known for its custom luxury builds, including bespoke Defenders, Range Rovers, Jaguar E-Types, Ford Mustangs and Toyota FJs, plans to review its operating and financial results for its second quarter ended June 30, 2025 on Thursday, August 21, 2025 at 8:30 a.m. E.T. ECD CEO & Co-Founder, Scott Wallace and Chief Financial Officer ...
ECD Automotive Strengthens Balance Sheet Through $10 Million Debt-for-Equity Exchange and Completes a $999,900 Equity Raise
GlobeNewswire News Room· 2025-08-14 12:30
KISSIMMEE, Fla., Aug. 14, 2025 (GLOBE NEWSWIRE) -- ECD Automotive Design, Inc. (NASDAQ: ECDA) (“ECD” or the “Company”), the world’s largest Land Rover and Jaguar restoration company known for its custom luxury builds, including bespoke Defenders, Range Rovers, Jaguar E-Types, Ford Mustangs and Toyota FJs, announced that it has exchanged $10 million of outstanding convertible promissory notes for 15,000 newly issued shares of ECD’s Series C Convertible Preferred Stock. In addition, the Company has completed ...
This Restored 1999 Defender 110 with an LT1 and French Oak Evokes ‘Old English'
Globenewswire· 2025-08-12 12:05
Company Overview - ECD Automotive Design is a public company trading under ECDA on the Nasdaq, specializing in the creation of restored luxury vehicles that blend classic aesthetics with modern performance [8] - Founded in 2013 by three British automotive enthusiasts, the company emphasizes high standards for quality and custom luxury vehicles [8] - ECD operates from a 100,000-square-foot facility in Kissimmee, Florida, employing 105 skilled workers with a combined total of 80 ASE certifications and five master-level certifications [8] Project Pearl Introduction - Project Pearl is a custom-built Defender 110 Signature that combines British heritage with American performance and comfort, featuring a GM LT1 V8 engine producing 455 horsepower [2][7] - The vehicle is designed for owners in Washington State and is characterized as a statement piece with unique features such as 20-inch Kahn Retro Mondial wheels and custom silver metal hardware [4] Design and Features - Project Pearl showcases a sophisticated design with a fully body-colored roll cage, French Oak wood inserts, and a luxurious cabin wrapped in Porsche Nappa Cream leather [3][5] - The vehicle includes modern amenities such as wireless CarPlay, heated seats, Bluetooth audio, and blind spot assistance, making it suitable for daily driving while retaining its rugged character [5] Craftsmanship and Customization - Each ECD build, including Project Pearl, is handcrafted with meticulous attention to detail, taking approximately 2,200 hours to complete by master-certified craftsmen [8] - Custom features include a satin finish on wood grain accents, German square weave carpet, and a variety of luxury touches that elevate the vehicle's overall aesthetic [6][7]
ECD Automotive Design's “Project Wilder” — A Powerful 700+ HP Supercharged California Land Rover Station Wagon
GlobeNewswire News Room· 2025-07-15 12:05
Company Overview - ECD Automotive Design is a public company trading under the ticker ECDA on Nasdaq, specializing in the creation of restored luxury vehicles that blend classic aesthetics with modern performance [10] - Founded in 2013 by three British automotive enthusiasts, the company emphasizes high standards for quality and custom luxury vehicles, with each vehicle being bespoke and hand-built over 2,200 hours by master-certified craftsmen [10] - ECD's headquarters is located in Kissimmee, Florida, featuring a 100,000-square-foot facility with 105 employees, including those with 80 ASE certifications and five master-level certifications [10] Product Highlight: Project Wilder - Project Wilder is a hand-crafted California Land Rover Station Wagon, designed to deliver over 700 horsepower and is ECD's most powerful off-road build to date [2][4] - The vehicle features a supercharged GM Blueprint V8 engine, a 6-speed Magnum T56 manual transmission, and a Borla Sport dual exhaust system, allowing for customizable sound [4][9] - The exterior design includes Eastnor Green paint with Nara Bronze accents, 20-inch Kahn Mondial Retro wheels, and a robust chassis coated in Raptor Liner for durability [3][5][9] Interior Features - The interior of Project Wilder is characterized by luxury, featuring Buffalo Distressed Cuoio leather, Sapele walnut wood trim, and RECARO Orthopeds seats for exceptional comfort [6][7] - Advanced technology includes a panoramic roof, premium audio systems, and modern connectivity features such as CarPlay and digital mirrors [7][9] - Custom elements like a NARDI Kallista wooden steering wheel and handmade controls enhance the vehicle's unique craftsmanship [6][9] Market Positioning - Project Wilder is positioned as a high-end, bespoke vehicle aimed at clients seeking more than just a standard off-road experience; it is marketed as a collector's piece or a dream vehicle [5][8] - The vehicle combines raw power with refined details, appealing to a niche market that values both performance and luxury [8]
ECD Automotive Design Announces Key Initiatives to Right-Size Cost Structure and Support Disciplined Growth
Globenewswire· 2025-06-23 12:30
KISSIMMEE, Fla., June 23, 2025 (GLOBE NEWSWIRE) -- ECD Automotive Design, Inc. (NASDAQ: ECDA), the world's largest Land Rover and Jaguar restoration company known for its custom luxury builds, including bespoke Defenders, Range Rovers, Jaguar E-Types, Ford Mustangs and Toyota FJs today shared updates on a series of proactive initiatives designed to enhance operational efficiency, optimize working capital, and strengthen the company's overall financial position. As part of its ongoing commitment to disciplin ...
ECD Auto Design and Scheel-Mann Team Up to Elevate Classic Defender Comfort
Globenewswire· 2025-06-05 12:32
Core Insights - ECD Automotive Design is enhancing the classic Defender experience through interior upgrades in partnership with German seat manufacturer Scheel-Mann, focusing on comfort, space, and luxury [3][9]. Group 1: Key Enhancements - The introduction of bespoke Scheel-Mann seating, including the Traveller F series front seat known for its long-haul comfort and orthopedic-grade ergonomics, is now available on ECD builds [5]. - The Scheel-Mann LRD Edition features lift-up seat cushions for easy access to the factory battery and toolboxes, improving roadside service efficiency [6]. - Redesigned center consoles now include integrated cup holders, wireless chargers, and lockable compartments, enhancing functionality and comfort [7]. Group 2: Cabin Optimization - Modifications to the floorplan allow front seats to shift significantly rearward, improving comfort for both drivers and passengers while maintaining rear capacity [8]. - The re-engineered rear tub layout enhances middle-row accessibility and overall cabin flow, addressing long-standing comfort issues [8]. Group 3: Company Overview - ECD Automotive Design, trading under NASDAQ: ECDA, specializes in restoring luxury vehicles, combining classic aesthetics with modern performance [10]. - Each vehicle is bespoke, designed by clients through a luxury design experience, and hand-built over 2,200 hours by master-certified craftsmen [10]. - The company was founded in 2013 and operates from a 100,000-square-foot facility in Kissimmee, Florida, employing 105 skilled workers [10].