The Formula S sedan (left) and Formula S GT shooting brake in a screenshot from a Fang Cheng Bao video announcing their September 16 launch in Shanghai. Credit: Fang Cheng Bao
- The Fang Cheng Bao Formula S and Formula S GT have a pre-sales price range of 230,000 yuan ($33,940) to 280,000 yuan.
- The Formula S series is Fang Cheng Bao’s third product line, following the rugged off-road Bao series and the urban-focused Tai series.
BYD’s (HKEX: 1211) personalized sub-brand Fang Cheng Bao said Thursday that it will officially launch its first sedan lineup, the Formula S series, on September 16.
Fang Cheng Bao announced the launch date on Weibo without providing further details. Final prices for the Formula S sedan and Formula S GT shooting brake will be unveiled at the event.
Both models opened for pre-orders on August 20 at pre-sales prices of 230,000 yuan ($33,940) to 280,000 yuan, below the range of 250,000 yuan to 300,000 yuan widely anticipated.
The Formula S series is Fang Cheng Bao’s third product line, following the rugged off-road Bao series and the urban-focused Tai series, and marks the brand’s entry into the sedan market.
The lineup will be the first to feature BYD’s DiSus-M intelligent magnetorheological suspension, according to a media invitation.
The technology uses magnetorheological fluid to adjust damping within milliseconds and was previously used primarily in supercars from brands including Ferrari and Lamborghini.
Bringing the system to models with pre-sales prices starting at 230,000 yuan is another example of BYD’s strategy of making advanced technology more widely accessible.
The Formula S is positioned as a mid- to large-size sedan, measuring 5,060 mm in length, 1,967 mm in width and 1,483 mm in height, with a wheelbase of 2,960 mm. The Formula S GT has similar dimensions and the same wheelbase.
Rear-wheel-drive versions offer peak motor outputs of 245 kW or 300 kW, while the all-wheel-drive version delivers a combined 490 kW.
Battery capacities are 76.744 kWh and 92.093 kWh, offering CLTC ranges of 730 kilometers to 900 kilometers. The entire lineup features BYD’s second-generation Blade Battery and supports flash charging.
The previously announced Formula S family also includes the Formula SL coupe, which has yet to open for pre-orders.
The launch comes as the brand’s sales climb rapidly. Fang Cheng Bao delivered 41,568 vehicles in August, up 155.57% year-on-year, according to data compiled by CnEVPost.
Fang Cheng Bao Monthly Sales 2024-2026
Month
2024
2025
2026
January
5,203
6,219
21,581
February
2,310
4,942
17,036
March
3,550
8,051
25,926
April
2,110
10,039
29,138
May
2,430
12,592
30,186
June
2,680
18,903
35,607
July
1,842
14,180
41,213
August
4,876
16,265
41,568
September
5,422
24,121
October
6,026
31,052
November
8,521
37,405
December
11,418
50,868
Fang Cheng Bao monthly sales
2024
2025
2026
The brand said in early August that cumulative sales had surpassed 500,000 vehicles in less than 3 years, with an average transaction price exceeding 223,000 yuan.
Fang Cheng Bao filed the Formula S and its shooting brake variant, the Formula S GT, marking a key step in its expansion into the sedan market.
($1 = 6.7766 yuan)
