Is Baowo Automobile a joint venture brand or a domestic brand?

Baowo automobile belongs to a domestic brand.

German engineer Karl Baowo founded Baowo automobile brand on 19 19. 2065438+In July 2006, Baowo launched BX7 to enter the domestic market, followed by BX5, BX7 TS, BXi7 and BX6, and Baowo built an SUV product matrix. 2065438+On February 28th, 2008, 65438+2008, Baowo Automobile and UCAR jointly announced that they had reached a comprehensive strategic cooperative relationship and jointly developed a new model of automobile retail.

It is reported that UCAR took the lead in reorganizing a company and joined hands with two other companies to win 67% of Baowo's shares. Filed for bankruptcy on April 8, 2022.

Baowo's brand origin

Brand founder Karl Baowo founded Baowo Automobile in Bremen, Germany in 19 19, which exceeded 60% of Germany's export share at that time and became the third largest automobile manufacturer in Germany. Baowo Automobile has made many cars and various means of transportation, including cars, sports cars, buses, fire engines, boats, trucks and even helicopters. Later, due to poor management, it was declared bankrupt in 196 1.

Until 20 15, Baowo Group announced its "return" at the Geneva Motor Show, and now its headquarters is located in Stuttgart, Baffle State. Baowo, with dual production qualification, has started the joint production of dual-energy vehicles, and its product pedigree is divided into fuel vehicle BX series and new energy BXi series.