Fang Cheng Bao

The Bao 5 was launched on November 9, 2023, and monthly deliveries have been below 3,000 units for the past three months.

As its channels improve, Fang Cheng Bao will probably launch new products every quarter from the fourth quarter onwards, the head of the BYD sub-brand said.

Denza and Fang Cheng Bao are recruiting dealers, becoming the latest Chinese auto brands to abandon their direct-only sales model.

The 5-seat Bao 3 measures 4,605 mm in length, weighs 2,150 kg and supports a top speed of 201 km/h.

BYD's Fang Cheng Bao unveiled the Bao 8 as well as two concept cars, the Super 3 SUV and Super 9 supercar, at its spring launch event today, which will all be on display at the upcoming Beijing auto show.

Fang Cheng Bao will hold its spring launch event on April 16, and the Bao 8 and Bao 3 could be the highlights.

As of mid-December, Fang Cheng Bao had 120 directly-managed stores in 62 cities in China.

Fang Cheng Bao delivered the first Bao 5 vehicles to their owners today, one day ahead of the original schedule.

For orders placed from November 21, the expected delivery lead time for the two lower-priced versions of the Bao 5 is around 4-6 weeks, while the highest-priced version will be delivered from January.

The Bao 5 is aimed at the market where Great Wall Motor's Tank brand is present. The Tank brand sold a record 22,105 vehicles in October.