ECD Automotive Announces its Entry into the Porsche 911 Market
Rhea-AI Summary
ECD Automotive Design (NASDAQ: ECDA) announced entry into the Porsche 911 restoration and customization market via its Boutique Division on Oct 8, 2025. The debut car, Project Gravette, is a fully bespoke Porsche 993 restored as a one-of-one luxury design experience. The company cited strong customer demand and faster build times versus incumbent providers, and said the move builds on its Mustang program launched earlier in 2025 that has won multiple commissions and recognition. Management expects Porsche restomods to raise average selling prices, improve factory efficiencies, and expand ECD's collector customer base.
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News Market Reaction – ECDA
On the day this news was published, ECDA gained 4.13%, reflecting a moderate positive market reaction. Argus tracked a peak move of +25.8% during that session. Argus tracked a trough of -9.4% from its starting point during tracking. Our momentum scanner triggered 17 alerts that day, indicating notable trading interest and price volatility. This price movement added approximately $288K to the company's valuation, bringing the market cap to $7M at that time. Trading volume was exceptionally heavy at 13.1x the daily average, suggesting very strong buying interest.
Data tracked by StockTitan Argus on the day of publication.
ECD’s Boutique Division Completes a Beautifully Appointed, Custom 993; Project Gravette
Photo Credit: Dan Watson Studios (Image Library Link)
KISSIMMEE, Fla., Oct. 08, 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, today announced its entry into the Porsche 911 restoration and customization market through its Boutique Division. The debut vehicle, Project Gravette, is a fully bespoke Porsche 993 restored through the immersive, one-of-one luxury design experience that defines every ECD build.
Driven by strong demand from ECD’s loyal customer base, the Company is expanding into the Porsche segment, offering clients a faster build time relative to incumbent providers of this service. Management views the Porsche 911 as one of the largest and most lucrative markets within the broader restomod industry. The move builds directly on the success of ECD’s Mustang program, which was launched earlier this year and has already secured multiple commissions and national recognition.
“The launch of Project Gravette, our first Porsche 911 customization, marks another milestone in ECD’s journey to redefine the restomod industry,” said Scott Wallace, CEO and Co-Founder of ECD. “Vintage 911’s are among the most iconic and desired models for collectors and enthusiasts, and a perfect fit for ECD’s best-in-class Boutique production focused on low volume, high touch vehicles that command premium prices. As with all ECD builds, Gravette is not just a restoration, but a one-of-one design experience blending heritage performance with modern refinement. Expanding into Porsche restomods allows us to further elevate our average selling price, drive efficiencies in our factory, and extend the ECD experience to an even broader collector base.”
About ECD Auto Design
ECD, a public company trading under ECDA on the Nasdaq, is a creator of restored luxury vehicles that combines classic English beauty with modern performance. Currently, ECD restores Land Rover Defenders, Land Rover Series IIA, the Range Rover Classic, the Jaguar E-Type and we have recently added Ford Mustang and Toyota FJ. Historically, each vehicle produced by ECD was fully bespoke, a one-off that is designed by the client through an immersive luxury design experience and hand-built from the ground up in 2,200 hours by master-certified Automotive Service Excellence ("ASE") craftsmen. The Company was founded in 2013 by three British "gear heads' whose passion for classic vehicles is the driving force behind exceptionally high standards for quality, custom luxury vehicles. ECD's global headquarters, known as the "Rover Dome," is a 100,000-square-foot facility located in Kissimmee, Florida that is home to 102 staff with 67 talented craftsmen and technicians, who hold a combined 66 ASE and three master level certifications. ECD has an affiliated logistics center in the U.K. where its seven employees work to source and transport 25-year-old work vehicles back to the U.S. for restoration. For more information, visit www.ecdautodesign.com.
Trademark Notice
ECD is an independent company engaged in the restoration and customization of classic vehicles. ECD is not sponsored, associated, approved, endorsed, nor in any way affiliated with Porsche Cars North America, Inc., or Dr. Ing. h.c. F. Porsche AG. The Porsche® name and crest, 993® and 911® are trademarks of Dr. Ing. h.c.F. Porsche AG, and any other products mentioned are the trademarks of their respective holders. Any mention of trademarked names or other marks is for the purpose of reference only to the vehicles restored and customized.
Cautionary Note Regarding Forward-Looking Statements
This press release includes express or implied statements that are not historical facts and are considered forward-looking within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act. Forward-looking statements involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or our future financial or operating performance and may contain projections of our future results of operations or of our financial information or state other forward-looking information. In some cases, you can identify forward-looking statements by the following words: “may,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “ongoing,” “attempting,” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. The forward-looking statements in this press release are only predictions. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our business, financial condition and results of operations. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. You should carefully consider the risks and uncertainties that affect our business, including those described in our filings with the Securities and Exchange Commission (“SEC”), including under the caption “Risk Factors” in our Annual Report on Form 10-K filed for the year ended December 31, 2024 with the SEC, which can be obtained on the SEC website at www.sec.gov. These forward-looking statements speak only as of the date of this communication. Except as required by applicable law, we do not plan to publicly update or revise any forward-looking statements, whether as a result of any new information, future events or otherwise. You are advised, however, to consult any further disclosures we make on related subjects in our public announcements and filings with the SEC.
Investor Relations
investorrelations@ecdautodesign.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0b36a881-c19b-4c4e-a805-6a9b5fdcf3e1
FAQ
What did ECD (ECDA) announce on October 8, 2025 about Porsche restorations?
How does ECD say its Porsche 911 builds compare on timing to other providers?
Will ECD's Porsche entry affect its average selling price (ASP)?
Does ECD cite prior programs supporting the Porsche move?
Which Porsche model did ECD showcase as its debut restomod project?
How might ECD's Porsche restomod push affect collectors and customers?
