Omoda, Jaecoo hail BDO Unibank as official bank partner

Omoda Philippines, along with sister brand Jaecoo, announced a successful signing of a Memorandum of Understanding (MOU) with BDO Unibank, Inc. The new bank partner will provide enticing financial schemes for Filipino car buyers who are looking to own an Omoda and a Jaecoo by 2024 when sales begin.

BDO is the bank partner of the O&J Brand

The automaker invited BDO bank delegates to tour its smart factory in Wuhu, China where they were introduced to the brand’s models, including the Omoda 5, J7, and J8.

The first batch of the Omoda 5 already arrived on our shores last month. The Omoda 5 will be competing against the likes of the Ford Territory and Chery Tiggo 7 Pro. Although, the model will be coming with an all-electric powertrain – which is unique in its respective market.

Omoda 5

The PH-spec Omoda 5 EV will be available in two variants, namely the Standard Range and Extended Range. The former will provide a range of 300 km, while the latter will go further by running 450 km on a single charge. In terms of power, the EV can deliver 201 horsepower and 400 Nm of torque.

BDO could help the automaker come up with financing and loan deals that could encourage more Filipinos to make the switch the EVs. After all, electric cars are available with incentives such as the elimination of tariffs. This type of vehicle is also exempted from the number coding along with full hybrids.

Jaecoo 7

Meanwhile, Jaecoo will bring the J7 to the Philippine market. One of the model’s features is an all-wheel-drive (AWD) system – which could make it at par with rivals such as Subaru Forester and Honda CR-V. Powering the J7 is a 1.6-liter turbocharged mill with 197 horsepower and 290 Nm of torque, paired with a seven-speed dual-clutch transmission (DCT).

With BDO now part of the team, Omoda and Jaecoo, also known as the O&J brand, are more ready for their Philippine soft launch scheduled before the year ends.

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