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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