Fang Cheng Bao is best known for its high-end off-road SUVs, but now BYD’s sub-brand has its sights set on a new market after revealing its first electric sedan and sleek Formula X sports car.
BYD expands into luxury off-roaders, EV supercars
BYD showcased a whole parade of new vehicles, ranging from flagship electric SUVs to supercars, at the 2026 Beijing Auto Show.
One of the more “electrifying” booths was Fang Cheng Bao, BYD’s self-described “personalization-focused” sub-brand.
Fang Cheng Bao is BYD’s fifth sub-brand, following Denza, Yangwang, the Dynasty, and Ocean series. Its lineup currently consists of four electric (EV) and plug-in hybrid (PHEV) SUVs: the Bao 5 and Bao 8 off-roaders, as well as the recently introduced Tai 3 and Tai 7, aimed more at families.
The brand is branching out from hardcore premium SUVs that can float on water and accelerate like sports cars to actual supercars and sedans.
At the show, we got a sneak peek at a few exciting new models to look forward to, including Fang Cheng Bao’s first sedans and a stunning two-seat supercar.
BYD’s sub-brand is “moving to its next phase with its first new-energy personalized sedans,” the Formula S series and Formula X, a “production sports car.”
The Formula S is a “multi-form personalized sedan for all scenarios,” BYD said, “creating a new category of personalized sedans.”
It will be available in three configurations: the “Formula S” three-box sedan, the “Formula S GT” shooting brake, and the larger “Formula SL” three-box sedan.
All three measure over 5 meters in length, 2 meters in width, and a wheelbase of 3 meters. The design, which BYD calls the “golden ratio body,” features a low-slung, “hunting leopard” stance inspired by a Cheetah.
Up front, the “Cheetah Eyes” headlights and “Infinity Ring” taillights give it a Lamborghini or McLaren-like supercar look. To reduce weight, the vehicle also features a full carbon fiber body.
The first Fomula S sedan is scheduled to launch in Q3 2026, followed by the X supercar expected to arrive sometime in 2027.
Interior photos of #BYD FCB sedan leaked. https://t.co/FWq9m3GjJo pic.twitter.com/TBXQ0xZsTv
— ThinkerCar (@thinkercar) May 5, 2026
While BYD only revealed the exterior design, images of the Formula S interior leaked online (via ThinkerCar), showing a sporty, premium cabin.
The setup features a large central floating infotainment screen, a smaller driver display, and added physical buttons. Other interior features include a three-spoke steering wheel, wireless phone chargers, and high-end seats. In the bottom image, the red seats and steering wheel add to the sporty overall look.
Xiong Tianbo, General Manager of Fang Cheng Bao, said in an interview that the interior design will feature an all-new “sporty” intelligent cabin that’s comfortable to drive in.
BYD said the production “Formula X” sports car is “80% identical to the real car” and will sit atop the new Formula sedan lineup. It’s expected to launch next year. Check back soon for more updates.
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