- Fang Cheng Bao will launch a long-range version for the Bao 5 SUV and a five-seat version for the Bao 8 SUV on October 20.
- Fang Cheng Bao sold a record 24,121 vehicles in September, marking its first time surpassing the 20,000-unit mark.
BYD (HKG: 1211, OTCMKTS: BYDDY) sub-brand Fang Cheng Bao will roll out new variants for two existing models to target a broader market, following its record-breaking sales last month.
Fang Cheng Bao will hold its fall launch on Monday, October 20, with an event commencing at 3:00 pm Beijing Time that day, the brand announced today.
The Bao 5 SUV's long-range version and the five-seat variant of the Bao 8 SUV will be launched at the event, according to the brand.
Fang Cheng Bao currently offers four models: the Bao 5 and Bao 8 from the off-road-focused Bao series, and the Tai 3 and Tai 7 from the family-oriented Tai series.
The brand sold a record 24,121 vehicles in September, surpassing the 20,000-unit mark for the first time with a 344.87 percent year-on-year increase, according to data compiled by CnEVPost.
The Bao 5 sold 5,425 units in September, up 0.06 percent year-on-year. The Bao 8, which began deliveries in November 2024, sold 1,666 units, down 9.95 percent from August.
The Tai 3 and Tai 7 were the main sales drivers last month, with 8,902 and 8,128 units sold respectively.
From January to September, Fang Cheng Bao sold 115,312 vehicles, marking a 279.03 percent year-on-year growth.
The five-seat Bao 5 SUV was launched on November 9, 2023, as the first model under the Fang Cheng Bao brand following its August 16, 2023 unveiling.
On February 21 this year, the Bao 5 Smart Driving Edition went on sale with a starting price range of RMB 239,800 ($33,660) to RMB 329,800.
The Bao 5 comes standard with a 31.8-kWh battery pack and an 83-liter fuel tank. Its CLTC battery range is 125 kilometers, with a combined fuel-electric range exceeding 1,200 kilometers.
The new longer-range variant of the Bao 5 is expected to feature a larger battery pack, potentially achieving a CLTC battery range of 200 kilometers.
Launched on November 12, 2024, the Bao 8 is Fang Cheng Bao's second model following the Bao 5 and marks BYD's first vehicle under its umbrella to feature Huawei's driver assistance system.
The Bao 8 currently offers six-seat and seven-seat configurations, with starting prices ranging from RMB 379,800 to RMB 407,800.
Adding a five-seat variant to the Bao 8 could enhance its appeal to potential customers requiring more interior space.
($1 = RMB 7.1240)
