On June 4, 2024, ECD Automotive Design, Inc., a leading restorer of luxury vehicles, announced a licensing agreement with Black Dog Traders, a specialist in customizing classic Toyota FJ SUVs. The agreement allows ECD to expand its product lineup by producing branded classic Toyota FJ SUVs at its Kissimmee, Florida facility. This strategic partnership grants ECD access to Black Dog Traders' intellectual property, branding, and marketing support, in return for a fee and royalties per vehicle sale. The collaboration is expected to scale Black Dog Traders' operations and enable ECD to tap into a new customer segment, thereby increasing its market penetration. ECD's CEO, Scott Wallace, anticipates over 100% revenue growth in 2024, with a production backlog extending into the second quarter of...Show More

On June 4, 2024, ECD Automotive Design, Inc., a leading restorer of luxury vehicles, announced a licensing agreement with Black Dog Traders, a specialist in customizing classic Toyota FJ SUVs. The agreement allows ECD to expand its product lineup by producing branded classic Toyota FJ SUVs at its Kissimmee, Florida facility. This strategic partnership grants ECD access to Black Dog Traders' intellectual property, branding, and marketing support, in return for a fee and royalties per vehicle sale. The collaboration is expected to scale Black Dog Traders' operations and enable ECD to tap into a new customer segment, thereby increasing its market penetration. ECD's CEO, Scott Wallace, anticipates over 100% revenue growth in 2024, with a production backlog extending into the second quarter of 2025. The company also plans to equip the classic Toyota FJ with its Generation Two EV kit, aligning with its luxury and bespoke customization offerings. The move is set to enhance ECD's industry-leading margins and expand its total addressable market. ECD, traded as ECDA on the Nasdaq, is renowned for its custom luxury builds, including Land Rover Defenders, Range Rovers, Jaguar E-Types, and Ford Mustangs, and is headquartered in a 100,000-square-foot facility in Florida.