ECD Auto Design Expands Offerings with Blackbridge Motors
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ECD Auto Design Partners with Blackbridge Motors
ECD Automotive Design, Inc. (NASDAQ: ECDA) is an industry leader specializing in restoring, modifying, and electrifying classic vehicles. Recently, the company entered a licensing agreement with Blackbridge Motors to produce branded classic Land Rover Defender SUVs at their manufacturing facility. This partnership marks a significant expansion in ECD's product lineup, tapping into both the heritage of classic vehicles and modern performance capabilities.
Details of the Licensing Agreement
The licensing agreement with Blackbridge Motors grants ECD access to crucial intellectual property, branding, and top-level marketing support, with financial arrangements including fees and royalties per vehicle sold. Blackbridge Motors is known for creating resto-mod classic Land Rover Defenders, which elegantly combine nostalgic design with contemporary performance features.
Expanding into the Luxury Camp
This partnership allows ECD to significantly grow in the luxury Defender segment of the market, increasing factory utilization efficiently. The introduction of Blackbridge Defenders not only enhances ECD’s existing offerings but aims to improve profitability by catering to a demographic willing to invest in bespoke luxury vehicles. In the previous years, Blackbridge has maintained an average production of 15 Defenders annually, aligning with ECD's pricing strategies.
Strategic Insights from ECD Leadership
Scott Wallace, CEO of ECD Automotive Design, emphasized the strategic advantages of partnering with Blackbridge. He noted, “This relationship introduces new models to ECD’s lineup, providing the company flexibility and increased market penetration.” Wallace articulated that this collaboration will enable ECD to capture a larger share of the classic car ecosystem, estimated to be valued at around $15 billion. This ecosystem encompasses various aspects of classic car ownership, including manufacturing, storage, financing, and consignment.
About Blackbridge Motors
Blackbridge Motors excels in delivering re-engineered solutions for classic cars, marrying modern driving experiences with timeless aesthetics. This dedication to both performance and design aligns perfectly with ECD's mission to provide exceptional vehicles that customers can treasure.
About ECD Auto Design
Trading publicly under ECDA on the Nasdaq, ECD Auto Design is renowned for its commitment to quality and craftsmanship. The company restores a diverse range of vehicles, including Land Rover Defenders, Land Rover Series IIA, Range Rover Classics, and Jaguar E-Types, while recently incorporating the Ford Mustang into their offerings. Each vehicle produced by ECD is tailored to individual specifications during a comprehensive design process and is meticulously hand-built by master-certified Automotive Service Excellence (ASE) technicians over 2,200 hours. ECD was established in 2013 by a team of British automotive enthusiasts, dedicated to delivering high-quality, custom luxury vehicles. The facility in Kissimmee is notable for its size and the expertise of its workforce, holding numerous certifications that attest to its excellence in automotive craftsmanship.
Contact Information
For investor inquiries, contact:
Brian M. Prenoveau, CFA
MZ Group – MZ North America
Email: ECDA@mzgroup.us
Phone: +561 489 5315
Frequently Asked Questions
What is the nature of the partnership between ECD and Blackbridge Motors?
The partnership involves a licensing agreement where ECD produces branded Land Rover Defenders utilizing Blackbridge’s intellectual property and marketing support.
How does this partnership benefit ECD Auto Design?
This collaboration allows ECD to expand its luxury vehicle offerings, optimizing factory utilization, and enhancing their profit margins through bespoke vehicle customization.
What types of vehicles does ECD specialize in?
ECD specializes in restoring and custom-building classic vehicles, including Land Rover Defenders and Jaguar E-Types, focusing on merging classic aesthetics with modern performance.
Who are the key leaders at ECD Automotive Design?
Scott Wallace is the CEO of ECD Automotive Design, and he is instrumental in guiding the company's strategic direction and expanding its market reach.
Where is ECD Automotive Design's headquarters located?
ECD's global headquarters, known as the "Rover Dome," is located in Kissimmee, Florida, featuring a 100,000-square-foot facility dedicated to luxury vehicle restoration and custom manufacturing.
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