On September 16, 2026, BYD's Fangchengbao launched the Formula S and Formula S GT, the former a coupe and the latter a shooting brake, with nine trims in total, priced from 189,900 to 239,900 yuan. The lineup has a CLTC range of 730 to 900 km, offers rear-wheel drive and all-wheel drive, and a maximum combined AWD output of 490 kW. It debuts an intelligent magnetorheological suspension, is equipped with LiDAR and God's Eye B, and supports urban navigated assisted driving. Officially, its competitors are the Xiaomi SU7 and Tesla Model 3, and charging from 10% to 70% takes 5 minutes.
On September 16, 2026, BYD's brand Fang Cheng Bao officially launched the mid-to-large vehicle series Formula S and Formula S GT. Among them, the Formula S is a coupe form, while the Formula S GT is a shooting brake form, with design inspiration from the brand's Formula X supercar. Officially, the series' competitors are positioned against the Xiaomi SU7 and Tesla Model 3.
Pricing and Variants: Starting at 189,900 yuan, Nine Configuration Combinations
In terms of pricing, the Formula S is priced from 189,900 to 229,900 yuan (approximately USD 27,900–33,800); the Formula S GT is priced from 219,900 to 239,900 yuan (approximately USD 32,300–35,300). The two models offer a total of nine configuration combinations, covering four CLTC range ratings—730 km, 750 km, 850 km, and 900 km—and corresponding to rear-wheel drive and all-wheel drive respectively.
| Model | Range (CLTC) | Drive | Suspension | Price (10,000 yuan) |
|---|---|---|---|---|
| Formula S | 730 km | RWD | DiSus-C | 18.99 |
| Formula S | 900 km | RWD | DiSus-A | 20.99 |
| Formula S | 900 km | RWD | DiSus-M | 20.99 |
| Formula S | 750 km | AWD | DiSus-A | 22.99 |
| Formula S | 750 km | AWD | DiSus-M | 22.99 |
| Formula S GT | 850 km | RWD | DiSus-A | 21.99 |
| Formula S GT | 850 km | RWD | DiSus-M | 21.99 |
| Formula S GT | 730 km | AWD | DiSus-A | 23.99 |
| Formula S GT | 730 km | AWD | DiSus-M | 23.99 |
As can be seen from the price table, under the same range and drive combination, the DiSus-A and DiSus-M suspension versions are priced identically: the Formula S 900 km RWD versions are both 209,900 yuan, and the 750 km AWD versions are both 229,900 yuan; the Formula S GT 850 km RWD versions are both 219,900 yuan, and the 730 km AWD versions are both 239,900 yuan.
Charging and Power: 10%–70% in 5 Minutes
According to official information, the lineup is built on a high-performance architecture and supports flash charging, going from 10% to 70% in 5 minutes and from 10% to 97% in 9 minutes. In terms of power, rear-wheel-drive models offer two outputs: 245 kW (329 hp) and 300 kW (402 hp), while all-wheel-drive models deliver a combined output of 490 kW (657 hp). The lineup's maximum CLTC range is 900 km.
Chassis and Intelligent Driving: DiSus-M Debuts, Equipped with LiDAR
The chassis and intelligent configuration are two key highlights of this launch. The Formula S and Formula S GT are the first to feature the DiSus-M intelligent magnetorheological suspension, which the company says can achieve millisecond-level damping adjustment to balance handling and comfort. For intelligent driving, the vehicles are equipped with the 'God's Eye B' system and LiDAR, supporting highway and urban NOA (Navigate on Autopilot).
Dimensions, Drag Coefficient and Cabin
In terms of dimensions, the Formula S measures 5060/1967/1483 mm (length/width/height), while the Formula S GT is slightly more compact at 5025/1967/1458 mm; both have a wheelbase of 2960 mm. For drag coefficient, the Formula S is 0.22 and the Formula S GT is 0.25.
The cabin features a 26-inch AR-HUD, a Devialet audio system, and zero-gravity seats. Notably, its open ecosystem design: the interior offers three types of modular hardware interfaces—PIN, magnetic, and threaded—so users can connect accessories such as magnetic ambient lighting, physical shortcut buttons, and even karaoke equipment to customize and expand cabin functions.
Observation: A Head-On Clash in the RMB 200,000 Price Band
In terms of pricing, Fangchengbao positioned the Formula S series at RMB 189,900–239,900, putting it in the same price band as the two competitors named by the company. This means that in the RMB 200,000-class all-electric sedan segment, previously dominated by new EV makers and foreign brands, a new product line from BYD has been added.
From a product-definition perspective, this launch sends two signals worth observing for the industry. First, chassis technologies such as magnetorheological suspension, which were previously seen mostly on higher-priced models, are beginning to appear on products in the 200,000-yuan class. Moreover, under the same range and same drivetrain, the DiSus-M version is priced the same as the DiSus-A version, making the “price downshift” path for technology configurations relatively clear. Second, charging speed is positioned as one of the core selling points; the figures of 5 minutes from 10% to 70% and 9 minutes from 10% to 97% point directly to users’ direct demand for energy-replenishment efficiency on long journeys. Combined with a maximum CLTC range of 900 km, the lineup covers both daily commuting and intercity scenarios at the specification level.
In terms of the brand system, Fangchengbao is a brand under BYD. This launch extends its product line from mid-to-large vehicle series into the high-performance sedan segment, forming new price-band coverage alongside BYD Group’s existing multi-brand layout. According to official statements, the Formula S and Formula S GT target the market positions occupied by the Xiaomi SU7 and Tesla Model 3. Going forward, the actual competitive dynamics among the three will depend to a large extent on the implementation of delivery cadence and end-market pricing strategies.
