Fang Cheng Baothe personalized sub-brand of BYD Co., Ltd. (OTC:BYDDY) (OTC:BYDDF) has reportedly released official images of its latest model, the Bao 3, following the announcement of its core specifications.
Fang Cheng Bao labels the Bao 3 as the production version of the Super 3 concept and shows the model in nine images on Weibo, with three exterior colors: black, white and green, CnEV Post reported.
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Yesterday, China’s Ministry of Industry and Information Technology (MIIT) unveiled its latest catalog of models open for public comment on sales approval, featuring the Bao 3 and its core specifications.
Inclusion in the catalog marks the final regulatory step for the sale of a model in China, CnEV Post added.
The catalog includes one fully electric version of the Bao 3 with five seats. It is 4,605 mm long, 1,900 mm wide and 1,720 mm high, with a wheelbase of 2,745 mm.
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BYD is Tesla Inc (NASDAQ:TSLA) largest competitor in China.
In the final quarter of 2023, BYD overtook Tesla in battery electric vehicle (BEV) sales by selling 526,000 BEVs, surpassing Tesla’s global shipment count of 485,000. However, unlike Tesla, which only sells BEVs, BYD also makes hybrids.
The report added that the vehicle is equipped with dual electric motors, with the front motor delivering a maximum power of 110 kW and the rear motor delivering 200 kW.
The plug-in hybrid Bao 5 was formally introduced on November 9, 2023, and deliveries began on November 23 of the same year.
Price promotion: BYD shares are trading 1.16% lower at $57.98 at last check on Friday.
Disclaimer: This content was produced in part using AI tools and was reviewed and published by Benzinga’s editorial staff.
Photo via Company
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This article Tesla’s Top Rival BYD Unveils Latest EV Model Under Fang Cheng Bao Lineup: Report originally appeared on Benzinga.com
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