ECD Auto Design Launches Beach Runner 3, Partners with Blackbridge Motors, sees strong Q2 Growth

Proactive - Interviews for investors

ECD Auto Design CEO Scott Wallace shared exciting updates with Steve Darling from Proactive, including the launch of the company's latest vehicle, The Beach Runner 3. This new addition to the Beach Runner series is designed to blend the ruggedness of a classic Land Rover with the style and customization suited for coastal adventures. Notably, the Beach Runner series is ECD’s only product line built for inventory and immediate sale, enhancing its market presence. Wallace also announced a new licensing agreement with Blackbridge Motors, which will allow ECD to produce branded classic Land Rover Defender SUVs at its Kissimmee, FL facility. The agreement gives ECD access to Blackbridge’s intellectual property, branding, and marketing support in exchange for a fee and royalties on each vehicle sold. Wallace highlighted the company’s strong financial performance, reporting a 129% revenue increase in Q2 2024 to $8.9 million, up from $3.9 million in the same quarter last year. This growth was driven by higher vehicle volumes, increased average selling prices, and more used vehicle sales. ECD expects its 2024 revenue to reach $33 million, representing a 108% increase compared to the $15.1 million recorded in 2023. #proactiveinvestors #ecdautodesign #nasdaq #ecda #LuxuryCars #CustomVehicles #AutomotiveInnovation #CarEnthusiasts #VehicleTransformation #UniqueDesigns #LuxuryLifestyle #CarCustomization #BritishCars #SUVMakeover #AutoTech #InnovativeDesign #ClientDrivenExperience #ExclusiveCars #AutomotivePassion #CEOInterview #LuxuryVehicleMarket #FutureofAutomotive #CarUpgrades #IconicBritishCars #YouTubeInterview #AutoIndustryInsights #FinancialOutlook #CarDesignProcess #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews