The tricycle, dubbed 'The Other Rickshaw', was designed and produced by BMW, according to the Legal Evening Post.
Chen De Bao Company, a licensed BMW agent, said it was the only rickshaw in the world of its type.
It has the original rear half of a BMW car body and is equipped with safety belts. It features four gold-plated dragons and other Chinese decorations.
The driver, Song, says the rickshaw is rather heavy and requires a lot of effort to make it run.
"It's actually a bicycle pulling a two-wheeled car body," he said.
The rickshaw is currently in the repair shop after a minor bump: "It should be fixed by this weekend," said a spokeswoman for the Chen De Bao Company. (Legal Evening Post – 法制晚報)