China's BYD unveils three new models for its off-road Fangchengbao lineup [Reuters]
Stellantis N.V. Common Shares (STLA)
Company Research
Source: Reuters
SHANGHAI, April 17 (Reuters) - BYD has unveiled three new models, including two concept cars, under its premium brand Fangchengbao as the Chinese electric vehicle giant ramps up efforts to sell into higher-priced segments. The Bao 8 SUV, Super 3 concept crossover and Super 9 concept sports car made their debut at a live-streamed event on Tuesday night. The company will showcase them at the Beijing auto show, which starts late next week. BYD did not announce prices or when the cars would be available. Most of the Fangchengbao lineup features a plug-in hybrid system called Dual Mode Off-Road (DMO) that BYD developed for improving off-road driving experiences with better fuel economy and high horsepower, its chief scientist, Lian Yubo, said at the event. Toyota's (7203.T) New Tab , opens new tab Land Cruiser, Stellantis' (STLAM.MI) New Tab , opens new tab Jeep and Tata Motors' (TAMO.NS) New Tab , opens new tab Jaguar Land Rover have been the leading players in the off-road
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