Fang Cheng Bao Formula S launch starts at $28,080 in China

Fang Cheng Bao Formula S Launch

Fang Cheng Bao has entered China's electric sedan market with its Formula S series, expanding beyond the brand's established SUV-oriented product portfolio. The Fang Cheng Bao Formula S launch introduces the Formula S sedan and Formula S GT shooting brake at prices starting from 189,900 yuan ($28,080). The new series was positioned below the 230,000-yuan lower end of its earlier pre-sale range, which was announced on August 20 at 230,000 to 280,000 yuan. The launch gives the brand new sedan offerings designed around long driving range, fast charging, advanced chassis systems, and driver-assistance technology.

Formula S and Formula S GT Pricing

The Formula S is offered in five variants priced from 189,900 to 229,900 yuan, while the Formula S GT has four variants priced from 219,900 to 239,900 yuan. The official starting price is 40,100 yuan, or approximately 17.4%, below the lower boundary of the earlier pre-sale range. The Formula S becomes Fang Cheng Bao's third product line, following the rugged Bao series and urban-focused Tai series. The company is using the new sedan family to broaden its customer base while entering a segment where models such as the Xiaomi SU7 and Tesla Model 3 are already competing.

Formula S Powertrain and Chassis Systems

The entry-level rear-wheel-drive Formula S costs 189,900 yuan and combines a 76.744 kWh battery with a 730 km CLTC range and DiSus-C suspension. The long-range rear-wheel-drive version costs 209,900 yuan, increases battery capacity to 92.093 kWh, and reaches a 900 km CLTC range, with buyers able to select DiSus-A or DiSus-M. The all-wheel-drive Formula S costs 229,900 yuan and provides a 750 km CLTC range, also with DiSus-A or DiSus-M choices. Rear-wheel-drive Formula S variants produce either 245 kW or 300 kW of peak power, while all-wheel-drive versions reach a combined 490 kW.

Formula S GT Range and Suspension Technology

Every Formula S GT variant uses a 92.093 kWh battery. Rear-wheel-drive versions provide an 850 km CLTC range, while all-wheel-drive versions offer 730 km, with both drivetrain configurations available with DiSus-A or DiSus-M. The series also introduces DiSus-M intelligent magnetorheological suspension, which uses magnetorheological fluid to adjust damping within milliseconds to balance handling response and everyday comfort. DiSus-A versions instead use dual-chamber air suspension and variable-damping shock absorbers. Versions with the same power output and range carry identical prices regardless of whether buyers select DiSus-A or DiSus-M.

Charging, Driver Assistance, and Vehicle Dimensions

Both models come standard with BYD's second-generation Blade Battery and flash charging. The system can charge from 10% to 70% in five minutes and from 10% to 97% in nine minutes. The Formula S series also uses the LiDAR-equipped God's Eye B driver-assistance system, supporting urban and highway navigation assistance as well as automated parking. The Formula S and Formula S GT are positioned in the mid-to-large-size segment and share a 2,960 mm wheelbase. The Formula S measures 5,060 mm long, while the Formula S GT measures 5,025 mm and uses a different rear design. The previously announced family also includes the Formula SL, although this launch covers only the Formula S and Formula S GT.

Fang Cheng Bao Sales Growth

The new sedan series arrives as Fang Cheng Bao's sales continue to expand rapidly. The brand sold 41,568 vehicles in August, representing a 155.57% year-over-year increase. During the first eight months of the year, Fang Cheng Bao sold 242,255 vehicles, up 165.66% year over year. That eight-month total had already exceeded the brand's full-year 2025 sales of 234,637 vehicles. The new sedan products therefore enter the market alongside a rapidly expanding sales base, giving BYD's Fang Cheng Bao brand an additional vehicle category beyond its earlier SUV-focused offerings.

Fang Cheng Bao Monthly Sales 2024-2026

The following table presents the supplied monthly Fang Cheng Bao sales figures for 2024, 2025, and 2026. The 2026 column contains reported results through August, while September through December remain blank in the supplied data. The figures show the monthly progression across the three years without altering, rounding, abbreviating, or recalculating any supplied value. This format also preserves the original monthly sequence and allows the reported 2026 sales performance to be viewed directly against the corresponding 2024 and 2025 figures.

Industry Impact & Outlook

Fang Cheng Bao's move into electric sedans expands the competitive scope of a brand that previously centered on SUV products, while its pricing and technology package place the new models directly into an active Chinese electric-car segment. The combination of long CLTC range, rapid charging, multiple drivetrain configurations, and differentiated suspension systems gives buyers several technical attributes to compare across variants. The launch also gives the broader China electric-vehicle market another entrant competing across sedan and shooting-brake formats. The next phase will depend on customer adoption, the performance of the individual variants, and how Fang Cheng Bao's expanding product portfolio affects its sales mix.

Frequently Asked Questions

What is the starting price of the Fang Cheng Bao Formula S?
The Formula S starts at 189,900 yuan ($28,080), placing it below the earlier announced pre-sale range of 230,000 to 280,000 yuan. Fang Cheng Bao offers five Formula S variants priced through 229,900 yuan, while the Formula S GT shooting brake has four variants ranging from 219,900 to 239,900 yuan. The models combine multiple battery, drivetrain, range, and suspension configurations, including rear-wheel drive and all-wheel drive. The series also introduces DiSus-M intelligent magnetorheological suspension alongside the existing DiSus-A air-suspension option.