Is bx7 Baowo a domestic car?

The listing of Baowo bx7 promotes German descent, so is Baowo bx7 a joint venture or a domestic one? This issue has been discussed enthusiastically on the Internet, but I can tell you for sure that although Baowo is a German brand, it has been wholly owned by Futian and has always been wholly owned. What kind of capital is it? So Baowo bx7 is naturally made in China.

Baowo bx7 is a wholly-owned domestic car of Futian.

As for whether Baowo bx7 is a joint venture, you should know what a joint venture means. It is the core technology for domestic investment and foreign imports, but what about Baowo? Although 19 19 was born in Bremen, Germany, its annual sales exceeded10 million in 1950s, and it once competed with Mercedes-Benz for the world, but it went bankrupt in 196 1 due to poor capital operation.

It was not until 20 15 that China Foton Motor acquired Baowo that it was able to see the light of day again, opening a global headquarters in Stuttgart, Germany, and establishing technology research centers in Silicon Valley of the United States and Beijing, China. This Baowo bx7 is the first SUV model after its resurrection. Although Baowo brand originated in Germany, it was wholly acquired by Futian, using its own brand. So the Baowo bx7 is also a completely domestic car.

In addition, some people say that in terms of technology, Baowo has been silent for 60 years, and what intellectual property rights have not been known for a long time and technology is changing with each passing day. I'm afraid there's nothing to explore except this brand. Unlike Geely's acquisition of Volvo, Volvo has a patent and has been very active, so Fukuda only exchanged blood with Baowo's body.