- Fang Cheng Bao has teased a new model, potentially the Tai 7, the second model in the Tai series.
- Fang Cheng Bao sold a record 12,592 vehicles in May.
Fang Cheng Bao has teased a new model as the BYD (HKG: 1211, OTCMKTS: BYDDY) sub-brand recently reached the milestone of delivering 100,000 vehicles.
Fang Cheng Bao hinted at a new SUV (sport utility vehicle) in a poster posted on Weibo today, suggesting that its name will include the number 7.
In the comments section of the Weibo post, many speculated that the SUV could be the Tai 7, the second model in the Tai series following the Tai 3.
BYD officially launched the Fang Cheng Bao brand and its DMO technology platform on August 16, 2023, and debuted the brand’s first model, the Bao 5 off-road SUV.
The Bao 5 was officially launched on November 9, 2023, and began deliveries by the end of the same month.
On November 12, 2024, Fang Cheng Bao launched the Bao 8 off-road SUV, its second model following the Bao 5, and the first model under BYD’s umbrella to feature Huawei‘s driver assistance system.
On April 16, Fang Cheng Bao launched the Tai 3, the first model in the Tai series, expanding its product range from off-road SUVs to include family SUVs as well.
On May 20, Fang Cheng Bao announced that it had reached the milestone of delivering its 100,000th vehicle.
Fang Cheng Bao sold a record 12,592 vehicles in May, bringing its cumulative sales to 103,943 units, according to data compiled by CnEVPost.
From January to May, Fang Cheng Bao sold 41,843 vehicles, representing a year-on-year increase of 168.17 percent.
Fang Cheng Bao will debut its sedan lineup by the end of 2025, with more models in the Tai lineup coming later this year.
