Company Description
ECD Automotive Design, Inc. (NASDAQ: ECDA) is a Florida-based manufacturer and restorer of luxury vehicles that combines classic automotive design with modern performance and craftsmanship. The company focuses on re-engineering and restoring iconic models, particularly classic Land Rover and Jaguar platforms, and positions its builds as fully bespoke, one-off vehicles designed in close collaboration with each client.
ECD describes itself as the world’s largest Land Rover and Jaguar restoration company. According to multiple company announcements, it restores Land Rover Defenders, Land Rover Series and Series IIA models, the Range Rover Classic, Jaguar E-Type sports cars, Ford Mustangs, Toyota FJ models, the ECDxCTC INEOS Grenadier and Defender II, and highly specialized vehicles produced through its Boutique Studio. These projects span heritage-inspired sports coupes, classic SUVs, and modern lifestyle 4x4s.
Business model and bespoke build process
ECD states that each vehicle it produces is fully bespoke and built as a one-of-one commission. Clients participate in an immersive luxury design experience, working with the company’s in-house design team to specify exterior finishes, interior materials, seating layouts, and mechanical configurations. Vehicles are then hand-built from the ground up over an extensive build process that the company reports takes approximately 2,200 hours, carried out by Automotive Service Excellence (ASE) certified craftsmen.
The company’s announcements emphasize a balance between classic beauty and modern performance. On classic platforms such as Land Rover Defenders, Land Rover Series vehicles, and the Range Rover Classic, ECD integrates updated drivetrains, braking systems, suspension setups, electrical systems, and convenience features while retaining the original character and proportions. On modern platforms, including new Land Rover Defender and INEOS Grenadier models under the Chelsea Truck Company USA collaboration, ECD focuses on design-led customization, bespoke interiors, and enhanced electronics.
Heritage and Custom SUV divisions
In its description of the expanded 2026 product lineup, ECD explains that its classic SUV offerings are being organized into two distinct divisions: Heritage and Custom. The Heritage Line is described as focusing on period-correct restorations that honor original styling and character while incorporating essential modern upgrades. The Custom Line supports more advanced, highly personalized builds with expanded mechanical options, bespoke interiors, and deeper design flexibility. Each division is supported by its own dedicated production assembly line, which the company believes aligns engineering complexity and craftsmanship with the technical scope and price point of each build.
The company has also announced a broader classic SUV roadmap, including plans to introduce an additional American classic SUV platform to complement its existing portfolio of British and international nameplates. Across both Heritage and Custom divisions, ECD is launching a safety and convenience modernization initiative that includes features such as anti-lock braking systems (ABS), global remote locking and opening systems, power-assisted tailgates, and other usability improvements intended to modernize the driving experience while maintaining visual authenticity.
Special projects and Boutique Studio
ECD’s Boutique Studio is highlighted in several announcements as the source of highly specialized vehicles. Projects such as Project Inizio and Project Wrangler are presented as examples of how the company reimagines classic platforms for modern use. Project Inizio is described as a Land Rover Series III build that preserves the upright windscreen, compact wheelbase, galvanized detailing, and soft-top flexibility while integrating a modern GM 6.2L LS3 V8 engine, updated brakes, suspension, and contemporary electronics. Project Wrangler is presented as a Defender 110 Soft Top focused on manual driving engagement, with a 6.2L LT1 V8, a six-speed manual transmission, upgraded suspension and braking, and a modernized interior with updated climate control, audio, and driver-assistance features.
ECD also showcases collaborative builds such as the ECDxCTC Defender 02, produced under its alliance with Chelsea Truck Company. This vehicle is described as a factory-new Defender 110 P525 V8 featuring Chelsea Truck Company’s body kit, specific wheel and tire combinations, carbon fiber exterior elements, and a performance-oriented interior treatment. These projects illustrate the company’s emphasis on design language, execution quality, and client-focused customization on both classic and modern platforms.
Heritage Product Line
The company’s Heritage Product Line is introduced as an offering aimed at purists who value the original character of the Land Rover Defender. According to ECD, Heritage builds are available in Defender 90 and Defender 110 configurations and center on rebuilt original TD5 diesel engines paired with manual transmissions and fully rebuilt original transfer cases. The builds retain full-time four-wheel drive, rebuilt original axles, stock suspension, and OEM braking systems to preserve the way the vehicles were originally intended to drive.
Mechanically, Heritage builds are described as refreshed from the ground up, with new OEM fuel systems, aluminum cooling systems with electronic fans, stainless steel exhausts, and new Land Rover fuel tanks. Visually, they are finished in traditional Land Rover colors and equipped with OEM-style grilles, bumpers, and hardware, as well as 16-inch Wolf heavy-duty steel wheels with Pirelli or Michelin tires. Interiors emphasize utility with classic dashboards, vinyl seating, and durable flooring, while integrating subtle modern conveniences such as under-dash air conditioning, Bluetooth audio, USB charging, LED lighting, remote central locking, and power windows. The company also notes that optional upgrades are available, including body kits and exhaust enhancements.
Facilities, workforce, and geographic footprint
ECD reports that it is headquartered in Kissimmee, Florida, where its global headquarters—referred to in some announcements as the “Rover Dome”—is a 100,000-square-foot facility. Across different releases, the company notes that this facility is home to a workforce of craftsmen, technicians, and support staff, many of whom hold ASE certifications, including master-level certifications. The company emphasizes the depth of its skilled labor as a foundation for its restomod and customization work.
In addition to its Florida headquarters, ECD maintains an affiliated logistics center in the United Kingdom. According to company descriptions, staff at this U.K. center source and transport 25-year-old work vehicles back to the United States for restoration. This structure supports a supply chain focused on classic donor vehicles that can be re-engineered and customized for clients.
Sales channels and partnerships
ECD has described a direct-to-consumer strategy centered on its design process and factory builds. To complement this approach, the company announced a Luxury Agent Program, under which it partners with U.S.-based luxury and exotic automotive advisors, including dealers and professionals who work with high-net-worth and collector clients. Under this program, these advisors introduce qualified clients to ECD’s portfolio of classic and modern 4x4s and boutique builds, after which ECD’s in-house design team leads the customization and project management process.
The company has also reported entering into a third-party build agreement with a regional 4×4 restoration client. Under this agreement, ECD allocates a portion of its annual production capacity at its Kissimmee facility to execute builds for that client, using dedicated manufacturing space and labor. The company presents this as part of a broader effort to increase factory utilization and improve fixed-cost absorption while maintaining separation between these builds and its core bespoke programs.
Capital markets and corporate structure
ECD Automotive Design, Inc. is incorporated in Delaware and its common stock and warrants trade on the Nasdaq Capital Market under the symbols ECDA and ECDAW, respectively, as disclosed in multiple Form 8-K and registration statement filings. The company completed a business combination in December 2023 with a special purpose acquisition company formerly known as EF Hutton Acquisition Corporation I, resulting in its current public listing.
Subsequent SEC filings describe various capital and financing activities, including a reverse stock split of its common stock, a securities purchase agreement for Series C Convertible Preferred Stock, and an equity purchase facility agreement that registers shares for potential sale. The company has also disclosed a Bitcoin treasury strategy, stating that it plans to use net proceeds from certain equity facilities to acquire Bitcoin as a treasury reserve asset, alongside raising capital for growth and general corporate purposes.
Governance and regulatory disclosures
Recent Form 8-K filings detail governance-related developments, such as amendments to the company’s bylaws to adjust quorum requirements for stockholder meetings and changes in executive roles and compensation arrangements. The company has also reported receiving a notice from Nasdaq regarding a warrant that initially did not comply with a listing rule and later being brought into compliance through amendment.
In addition, ECD has filed a Notification of Late Filing (Form 12b-25) for a quarterly report, explaining that additional time was needed to complete financial statements, and has furnished press releases regarding financial results and operational agreements. These filings illustrate the company’s ongoing obligations as a Nasdaq-listed issuer and provide context for investors tracking its regulatory history.
Founding and history
According to company descriptions included in multiple press releases, ECD was founded in 2013 by three British car enthusiasts described as “gear heads,” whose interest in classic vehicles underpins the company’s focus on quality and custom luxury builds. Over time, the company has expanded from restoring Land Rover Defenders and related models to a broader portfolio that includes Jaguar E-Type sports cars, Ford Mustangs, Toyota FJ models, and additional heritage and modern platforms. Its evolution includes the development of a Boutique division, the introduction of structured Heritage and Custom SUV lines, and collaborations with partners such as Chelsea Truck Company.
Summary
Overall, ECD Automotive Design, Inc. presents itself as a specialist in restored luxury vehicles and restomods, with a focus on classic Land Rover and Jaguar platforms, expanded into American and other international icons. Through its Florida manufacturing facility, U.K. logistics center, bespoke design process, and growing product roadmap, the company aims to deliver vehicles that retain the character of classic models while integrating modern performance, safety, and convenience features, as described in its public communications and regulatory filings.
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Short Interest History
Short interest in ECD Automotive Design (ECDA) currently stands at 36.6 thousand shares, down 39.4% from the previous reporting period, representing 11.4% of the float. Over the past 12 months, short interest has decreased by 42.6%. This moderate level of short interest indicates notable bearish positioning.
Days to Cover History
Days to cover for ECD Automotive Design (ECDA) currently stands at 1.0 days. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The days to cover has decreased 64% over the past year, suggesting improved liquidity for short covering. The ratio has shown significant volatility over the period, ranging from 1.0 to 2.8 days.