In 2005, BORGWARD’s founder Carl F.W. Borgward’s grandson——Christian Borgward started to revive the brand BORGWARD.

In January 2014,Foton Motor Company acquired BORGWARD’s 100% shares and assets through its affiliate company, and became the owner of the brand BORGWARD.

In March 2019, UCAR Inc. acquired BORGWARD’s 67% shares through its affiliate company, and committed to creating a new retail model for automobiles.