Formula S Series Expands Fang Cheng Bao into China’s Electric Sedan Market

Fang Cheng Bao has taken a significant step toward entering the electric sedan segment by filing its Formula S lineup with regulators. The latest filing includes the Formula S sedan and the Formula S GT shooting brake, signaling the brand’s expansion beyond its traditional focus on off-road vehicles and urban SUVs. The new series represents the first sedan family from the personalized sub-brand under BYD and is scheduled to reach the market during the third quarter of 2026.

Formula S Series Filing Overview

The latest regulatory catalog released by the Ministry of Industry and Information Technology in China includes five variants within the Formula S family. The range covers two body styles: the Formula S sedan and the Formula S GT shooting brake. The filing process represents an important milestone as the company prepares for commercial production and market introduction. Both vehicles are battery-electric models powered by lithium iron phosphate (LFP) battery technology and are capable of reaching a maximum speed of 240 km/h.

Formula S and Formula S GT Specifications

The Formula S sedan measures 5,060 mm in length and 1,967 mm in width, while riding on a 2,960 mm wheelbase. Customers will be offered multiple powertrain configurations, including rear-wheel-drive versions producing either 245 kW (329 hp) or 300 kW. A higher-performance all-wheel-drive variant combines a 190 kW front motor with a 300 kW rear motor.

The Formula S GT serves as the shooting brake derivative of the lineup. The vehicle measures 5,025 mm in standard form and extends to 5,095 mm when equipped with the optional tow hook. It supports a towing capacity of 500 kg and is available with either a 300 kW single-motor configuration or a dual-motor setup rated at 190 kW and 300 kW.

Formula S Series Technical Specifications

Production and Product Strategy

Production of both models will take place at BYD’s Xi’an and Changzhou manufacturing facilities. Key components including electric motors and battery packs will be supplied internally by BYD. This vertically integrated approach enables the company to maintain tighter control over production quality, technology integration, and supply chain management as the Formula S family enters the market.

During the 2026 Beijing Auto Show, Fang Cheng Bao confirmed that the Formula S family would eventually consist of three models: the Formula S sedan, the larger Formula SL sedan, and the Formula S GT shooting brake. According to Xiong Tianbo, general manager of the brand, the move into sedans complements rather than changes the company’s identity. She stated that growing numbers of consumers are seeking more distinctive sedan offerings and that the Formula S lineup is intended to provide a full-scenario solution for personalized mobility.

Expanding Beyond SUVs and Off-Road Vehicles

Prior to the Formula S range, Fang Cheng Bao’s portfolio consisted primarily of the Bao series, which targets intelligent off-road vehicles, and the Tai series, focused on urban transportation. The company also introduced the Formula X concept sports car during the 2026 Beijing Auto Show, with a production version expected to arrive in 2027. Together, these products illustrate the brand’s effort to broaden its market coverage and address multiple customer preferences within the electric vehicle sector.

Sales Momentum Continues to Accelerate

The arrival of the Formula S series comes as the brand experiences rapid sales growth. Fang Cheng Bao delivered 30,186 vehicles in May, representing a year-on-year increase of 139.7% and a month-on-month improvement of 3.6%. During the first five months of the year, cumulative deliveries reached 123,867 units, reflecting growth of 196% compared with the same period a year earlier.

Since the brand was established, total cumulative deliveries have reached 420,604 units. The strong sales trajectory provides a favorable backdrop for the launch of the Formula S family as Fang Cheng Bao seeks to strengthen its presence within the competitive electric vehicle market and establish itself in the premium sedan category.

Frequently Asked Questions

What is the Formula S series from Fang Cheng Bao?
The Formula S series is the first sedan product family developed by Fang Cheng Bao under BYD. It includes the Formula S sedan and Formula S GT shooting brake, with an additional Formula SL sedan planned for the future. The vehicles are fully electric and utilize lithium iron phosphate battery technology. The lineup is designed to expand the brand’s presence beyond SUVs and off-road vehicles while addressing growing demand for distinctive and personalized sedan offerings in the Chinese electric vehicle market.

When will the Formula S series launch?
Fang Cheng Bao plans to launch the Formula S series during the third quarter of 2026. Regulatory filings have already been submitted through China’s Ministry of Industry and Information Technology, an important step before commercialization. The initial lineup will include the Formula S sedan and Formula S GT shooting brake. Production will be supported by BYD’s manufacturing facilities, enabling the company to leverage its existing electric vehicle expertise and integrated component supply capabilities.

What powertrain options are available for the Formula S models?
The Formula S lineup offers several electric powertrain configurations to cater to different customer preferences. Buyers can choose rear-wheel-drive versions producing either 245 kW or 300 kW. A dual-motor all-wheel-drive variant combines a 190 kW front motor with a 300 kW rear motor. The Formula S GT shooting brake is available with either a 300 kW single-motor setup or the same dual-motor configuration, delivering enhanced performance and versatility.