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ECD Automotive Design, Inc. Warrant - ECDAW STOCK NEWS

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ECD Automotive Design Inc is a custom-car builder in the Restomod sector focusing on British classic motor vehicles of various models. They have a facility for producing customized Land Rovers with the highest quality parts and labor force. ECD restores Land Rovers Defenders, Land Rover Series IIA, Range Rover Classic, and Jaguar E-Type, upgrading engines, drivetrains, bodywork, interiors, and paint with meticulous attention to detail.

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ECD Auto Design (Nasdaq: ECDA), the world's largest Land Rover and Jaguar restoration company, has secured $2 million in funding from existing stakeholders. This capital injection aims to accelerate growth initiatives in their recently acquired Ford Mustang and Toyota FJ product lines, as well as secure high-value-added licenses to drive higher prices and increase margins.

The company plans to launch a 'Build-To-Sell' model for immediate purchase options and intends to showcase these products in their first retail location, set to open in 2025. CEO Scott Wallace expressed excitement about the funding, highlighting the potential of the classic, luxury restomod industry. ECD Auto Design aims to add new revenue channels and increase capacity utilization within their 100,000 square foot manufacturing facility through a disciplined capital allocation strategy.

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ECD Auto Design, the world's largest Land Rover and Jaguar restoration company, expands product line to include classic Ford Mustangs after acquiring Brand New Muscle Car assets. This marks a significant milestone as ECD's first American build. Each Mustang is fully customizable with over 2 million configurations, reflecting clients' unique styles. The company promises unparalleled craftsmanship and dedication to excellence in creating one-of-a-kind masterpieces.

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ECD Auto Design unveils Project Scottsdale Commission, a bespoke Jaguar E-Type EV with 300 HP powertrain, featuring luxurious customizations and cutting-edge technology. This marks ECD's foray into the sports car market, driven by client demand and a commitment to innovation.
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ECD Auto Design unveils Project Catamount, a custom-built Defender 110 designed for all-terrain adventures in style. Powered by a Chevrolet LT1 V8 engine, this vehicle combines classic style with modern amenities. With features like air ride suspension, luxury interiors, and advanced safety features, Project Catamount promises a thrilling driving experience. ECD also launches a new vehicle configurator for personalized designs.
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ECD Auto Design (ECDA) acquires assets from Brand New Muscle Car, entering the classic American muscle car market. The deal involves a $1.5 million restricted stock issuance. ECD aims to expand its offerings to include classic Ford Mustangs and other American muscle cars, tapping into a $15 billion market. The acquisition aligns with ECD's strategy to cater to the high-end, bespoke car segment and target ultra-high net worth individuals.
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ECD Auto Design (NASDAQ: ECDA) highlights Mack Besser's transition from a racing career to leading Jaguar E-Type restoration at ECD. Mack's expertise and commitment to preserving automotive heritage while embracing modern technology are showcased. The company's focus on reimagining classic cars for the future through meticulous craftsmanship and innovative technology is emphasized, ensuring enhanced performance, safety, and comfort for today's drivers.
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ECD Auto Design (ECDA) expands its reach by taking its unique luxury builds and design experience directly to customers nationwide. The company's growth and increased manufacturing capacity position it well for future success. ECD will showcase its bespoke vehicles and Mobile Design Studio at various events across the country, offering clients a personalized experience.
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ECD Automotive Design Inc. announced the sale of a highly customized Electric Land Rover Defender 90 for over $400,000, marking the highest sales price to date. The vehicle features advanced EV technology, luxury upgrades, and personalized customization, reflecting the company's focus on value-added features and affluent customer preferences.
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ECD Auto Design unveils Project Wasatch, a bespoke Defender 90 coated in Portofino Blue paint, featuring a GM LS3 430 horsepower 6.2L V8 engine, ECD air ride suspension, and modern amenities. The vehicle is designed for Utah adventures with luxury interiors and off-road capabilities.
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ECD Automotive Design Inc. expands globally by delivering personalized Land Rovers to customers in Poland, Spain, and the Caribbean, showcasing the rising interest in bespoke classic restomods. The company's organic growth is fueled by strong demand, a growing client base, and expanding brand presence, allowing for increased manufacturing capacity to meet global demand.
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FAQ

What is the current stock price of ECD Automotive Design Warrant (ECDAW)?

The current stock price of ECD Automotive Design Warrant (ECDAW) is $0.0277 as of October 30, 2024.

What type of vehicles does ECD Automotive Design focus on?

ECD focuses on British classic motor vehicles of various models.

What are some of the recent achievements of ECD Automotive Design?

Recent achievements include the sale of a highly customized Electric Land Rover Defender for more than $400,000.

What customization services does ECD provide for Land Rovers?

ECD offers engine upgrades, drivetrain modifications, bodywork, interior stitching, paintwork, and more for Land Rovers.

Where is ECD Automotive Design headquartered?

ECD's global headquarters, the 'Rover Dome,' is located in a 100,000-square-foot facility in Kissimmee, Florida.

How are ECD vehicles built?

Each vehicle produced by ECD is fully bespoke, designed by clients through a luxury design experience and hand-built from the ground up.

What drives ECD's unit economics?

Choice and customization are key drivers of ECD's unit economics, providing more value and higher ASP to customers.

What upcoming options will ECD introduce?

ECD will introduce new axle upgrades, rear in-car entertainment, and an electric folding roof system.

How does ECD blend classic beauty with modern performance?

ECD combines classic English beauty with innovations like new electric drivetrains and advanced infotainment systems.

What does Project Scottsdale Commission involve?

Project Scottsdale Commission is a one-of-a-kind build for a client in Arizona, featuring an ECD customized Jaguar E-Type with an EV powertrain and luxurious accents.

What modern features are included in Project Scottsdale Commission?

The vehicle includes a touchscreen infotainment system, JL audio, Bluetooth, USB chargers, Apple Carplay, regenerative braking, DC fast charging, and more.

What is ECD's vision for expanding its market offerings?

ECD's vision involves expanding into the greater than $15 billion high-end and collectible car market by adding bespoke classic Ford Mustangs and other American muscle cars.

What acquisition did ECD recently announce?

ECD announced an agreement to acquire certain assets from Brand New Muscle Car, providing entry into classic American muscle car design and manufacturing.

ECD Automotive Design, Inc. Warrant

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