Is Baowo a joint venture or a domestic one?

Baowo is a domestic car, but was born in Bremen, Germany. Just like the original MG and Roewe. In the early years, Baowo once competed brilliantly with Mercedes-Benz. Later, it went bankrupt. It is estimated that few people in Germany know this car.

Unlike Geely's acquisition of Volvo, Volvo still has patents, which Baowo doesn't know. So Baowo is just a shell bought by China people or, to be exact, Beiqi Foton Motor.

On March 3, 20 15, Borgward, an old German luxury brand, announced its brand revival at the Geneva Motor Show. At the press conference, Baowo also announced its Chinese name "Baowo" in China market in the future.

Extended data:

On October 20 16 1 1 month, Baowo Automobile launched the "Lifetime Free Warranty Policy": the owner of the first BX7 can enjoy the lifetime free warranty service and the exclusive service of free road rescue service for three years during the vehicle warranty period. In addition, we also introduced the 0 interest rate policy and replacement courtesy policy of 12/ 18.

It is reported that Baowo SUV will be equipped with a self-developed 2.0L turbocharged engine with maximum power 165kW and maximum torque of 300Nm, and equipped with an eAWD intelligent full-time four-wheel drive system. In terms of transmission, it is matched with a 6-speed automatic gearbox. At the same time, the new car will also launch a plug-in hybrid version.