Lead Story
Sep 16, 2026
BYD's Fang Cheng Bao launches Formula S electric sedan from $28,080, taking on Tesla Model 3
BYD's personalization-focused brand Fang Cheng Bao has entered China's electric sedan market with the Formula S and Formula S GT, priced from 189,900 yuan ($28,080), well below pre-sale estimates. The lineup offers up to 900 km CLTC range, standard flash charging, and debuts the DiSus-M magnetorheological suspension, targeting rivals like the Xiaomi SU7 and Tesla Model 3.
Priya Sharma