On October 8, 2024, ECD Automotive Design, Inc., a leader in the restoration and electrification of classic vehicles, announced the launch of a new retail strategy involving the ownership and operation of brick and mortar showrooms. This initiative is aimed at marketing and selling ECD's unique vehicles, such as restored Land Rover Defenders, Jaguar E-Types, Ford Mustangs, and Toyota FJs. The company has partnered with Site Selection Group to identify optimal locations for these showrooms. ECD, which has generated over $100 million in revenue since its inception in 2013, sees this move as an opportunity to significantly increase revenue by allowing customers to experience their vehicles firsthand. The retail locations will offer new custom builds with over 2 million design choices, immediate delivery...Show More

On October 8, 2024, ECD Automotive Design, Inc., a leader in the restoration and electrification of classic vehicles, announced the launch of a new retail strategy involving the ownership and operation of brick and mortar showrooms. This initiative is aimed at marketing and selling ECD's unique vehicles, such as restored Land Rover Defenders, Jaguar E-Types, Ford Mustangs, and Toyota FJs. The company has partnered with Site Selection Group to identify optimal locations for these showrooms. ECD, which has generated over $100 million in revenue since its inception in 2013, sees this move as an opportunity to significantly increase revenue by allowing customers to experience their vehicles firsthand. The retail locations will offer new custom builds with over 2 million design choices, immediate delivery of new ECD cars, and the sale of used ECD vehicles. Scott Wallace, Founder and CEO, believes that the retail showrooms will further drive growth and provide an immersive design experience for customers. The company's strategy is to position these showrooms in areas with high concentrations of luxury automotive dealers and ultra-high net worth individuals, tapping into the estimated $15 billion luxury car ecosystem.