FangChengBao
China-only premium brand under BYD, sitting between Denza and Yangwang in the group's hierarchy.
FangChengBao models
FangChengBao models and prices
Models on this page are sold in China.
| Model | Price from | Market | Body | Powertrain | Status |
|---|---|---|---|---|---|
| Formula S | ¥189,900(~$28,200) | ChinaSep 2026 | Sedan | EV | On Sale |
| Tai 7 | ¥179,800(~$26,700) | ChinaMay 2026 | SUV | PHEV · EV | On Sale |
Starting prices in the market each car is sold in, on the date shown. USD figures are approximate conversions.
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News about FangChengBao
FangChengBao - which translates literally as “Formula Leopard” - is a China-only premium brand under BYD, launched in August 2023. It sits in BYD’s brand hierarchy between Denza and the ultra-premium Yangwang, targeting the performance and off-road segments.
The lineup began as two distinct series. The Bao series comprises body-on-frame off-roaders built on BYD’s proprietary DMO (Dual Mode Off-road) platform, with PHEV powertrains optimized for demanding terrain. The Tai series takes a different approach - unibody crossovers aimed at family buyers, offering both PHEV and BEV options alongside a more refined, road-focused character. In September 2026 the brand added its first sedan, the electric Formula S, sold alongside a Formula S GT shooting brake.
Across the range, FangChengBao leans heavily into technology: models feature advanced driver assistance systems, in some cases developed in partnership with Huawei, alongside BYD’s latest battery and hybrid hardware. All vehicles are sold exclusively through domestic Chinese channels.