Fangchengbao
Chinese luxury electric car brand
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July 2024 | Fangchengbao lowered the price of the Bao 5 by 50,000 yuan, causing protests from early buyers who felt disadvantaged by the sudden price cut. |
June 2024 | Fangchengbao introduced the Bao 3, a battery electric SUV, and started recruiting dealerships across 22 provinces, four municipalities, and five autonomous regions in China. |
April 2024 | At the Beijing Auto Show, Fangchengbao revealed expansion plans, including the flagship Bao 8, compact Super 3, and Super 9 sports car prototype. General manager Xiong Tianbo confirmed 20,000 cars sold in China within six months. |
November 2023 | Fangchengbao officially launched the Bao 5 in the Chinese market, receiving 10,000 orders within three days. |
September 2023 | Production of the Bao 5 began, marking the start of Fangchengbao's manufacturing operations. |
August 16 2023 | Fangchengbao released its first model, the Bao 5, which debuted at the Chengdu Auto Show and was built on the brand's custom DMO platform. |
June 9 2023 | Fangchengbao brand was officially announced by BYD Auto. |
January 2023 | BYD Auto launched Yangwang, a new advanced vehicle brand alongside Fangchengbao. |
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