- Fang Cheng Bao reinvents itself with a supercar and sleek sedans.
- Formula X brings 1,000 horsepower and a full carbon-fiber build.
- The S, SL, and GT take aim at Porsche’s Taycan from three angles.
In China’s fast-moving EV market, brand identities can flip in an instant. Fang Cheng Bao built its name on squared-off SUVs that look ready for a quarry. At the 2026 Beijing Auto Show, it arrived with something else entirely. The BYD-owned brand has pivoted hard, unveiling a supercar and a trio of low-slung EVs under a new Formula line.
The Formula X is the undisputed showstopper. This open-air supercar evolved from the Super 9 speedster concept from 2024 and features balanced proportions, aggressive LED headlights, upward-opening doors and no less than 19 functional air vents. The overall styling aligns closely with Denza, another BYD brand that already carries a handful of rebadged Fang Cheng Bao models.
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The structure leans heavily on carbon fiber, from the body panels to a bespoke monocage chassis. The exposed two-seater cabin has a futuristic “battle cockpit” wrapped around the driver, and does without the structural bridge of the earlier concept.
Fang Cheng Bao Formula X
The supercar uses a tri-motor setup that produces a combined 1,000 hp (746 kW / 1,014 PS) and 1,000 Nm (738 lb-ft) of torque. A decade ago, figures like these would have been considered extreme. Today, they sit in the shadow of BYD’s record-breaking YangWang U9 Xtreme, which reaches a staggering 2,977 hp (2,220 kW / 3,018 PS).
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Even so, the Fang Cheng Bao Formula X’s numbers still land where they need to. More to the point, this is not just a concept parked under bright lights. BYD has confirmed a 2027 market launch, suggesting this will make the jump from show stand to road. Whether it travels beyond China remains unclear.
A Hatchback and Two Sedans
Beyond the supercar, the Formula lineup moves into more familiar territory. The Formula S is positioned as a rival to the Porsche Taycan, the Formula S GT adopts a shooting brake shape, and the Formula SL sits at the top of the range as a more upscale take on the sedan.
Fang Cheng Bao Formula S, S GT, and SL
The S and S GT are essentially two bodystyles of the same model, both of which could pass for something wearing a Denza badge. The SL sets itself apart with redesigned bumpers, a more sculpted profile, and gold-finished 21-inch alloy wheels.
All three sit on the same electric underpinnings, built around an 800V architecture with a tri-motor AWD setup producing up to 1,000 horsepower. They also feature BYD’s DiSus-M magnetic ride control. In terms of size, each rides on a 3,100 mm (122,1 inches) wheelbase and stretches beyond 5,000 mm (196.8 inches) in length.
The high-performance EVs are due in Chinese dealerships in late 2026. These low-slung models will broaden the Fang Cheng Bao lineup alongside the existing Leopard SUVs. Given that some of those SUVs already appear overseas under the Denza brand, a similar export strategy would not be surprising here.
