ECD’s Boutique Division has launched Project Gravette, a custom Porsche 993, expanding into the Porsche restoration market.
Quiver AI Summary
ECD Automotive Design has announced its expansion into the Porsche restoration and customization market with the launch of Project Gravette, a bespoke Porsche 993. This new offering reflects the company's commitment to high-quality, personalized luxury builds and responds to strong demand from its customer base. ECD CEO Scott Wallace highlighted the significance of vintage Porsches among collectors and the opportunity for high-value restorations within the growing restomod segment. This initiative builds on the success of ECD's earlier Mustang program. Established in 2013, ECD combines classic vehicle aesthetics with modern performance and operates out of a large facility in Kissimmee, Florida.
Potential Positives
- ECD is entering the lucrative Porsche 911 restoration market, expanding its product offerings and potentially increasing revenue streams.
- The launch of Project Gravette reflects strong demand from ECD's existing customer base, highlighting the company's ability to innovate and meet customer needs.
- The new Porsche 993 customization aims to shorten build times compared to competitors, positioning ECD as a more efficient provider in the market.
- Expansion into the Porsche segment enhances ECD's brand presence in the high-end automotive industry, reinforcing its reputation as a leader in bespoke vehicle restoration.
Potential Negatives
- None
FAQ
What is Project Gravette?
Project Gravette is ECD's first fully bespoke Porsche 993, restored and customized through their luxury design experience.
Why is ECD entering the Porsche restoration market?
ECD is expanding into the Porsche market due to strong demand from customers and the Porsche 911's lucrative appeal in the restomod industry.
How does ECD ensure quality in its builds?
ECD's vehicles are hand-built over 2,200 hours by master-certified Automotive Service Excellence craftsmen, ensuring exceptionally high-quality standards.
What is the significance of the Porsche 911 in the automotive market?
The Porsche 911 is considered one of the most iconic models for collectors and enthusiasts, making it a prime target for custom restorations.
Where is ECD Automotive Design located?
ECD's global headquarters, known as the "Rover Dome," is located in Kissimmee, Florida, and spans 100,000 square feet.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ECDA Hedge Fund Activity
We have seen 3 institutional investors add shares of $ECDA stock to their portfolio, and 5 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- TORONTO DOMINION BANK added 200,000 shares (+inf%) to their portfolio in Q2 2025, for an estimated $51,020
- UBS GROUP AG added 56,312 shares (+152194.6%) to their portfolio in Q2 2025, for an estimated $14,365
- CITADEL ADVISORS LLC removed 33,813 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $8,625
- CLEAR STREET LLC removed 2,111 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $538
- BARCLAYS PLC removed 740 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $188
- TOWER RESEARCH CAPITAL LLC (TRC) removed 225 shares (-6.6%) from their portfolio in Q2 2025, for an estimated $57
- JPMORGAN CHASE & CO removed 15 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $3
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
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.
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A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0b36a881-c19b-4c4e-a805-6a9b5fdcf3e1