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 ( TM ) Land Cruiser, Stellantis' ( STLA ) Jeep
and Tata Motors' Jaguar Land Rover have been the
leading players in the off-road vehicle segment that BYD is
challenging with its electric vehicles.
BYD also touted a stylish design for the Super 9 sports car,
with work led by its head designer, Wolfgang Josef Egger, who
has worked at European luxury car brands such as Alfa Romeo,
Audi and Lamborghini.
BYD launched Fangchengbao late last year as one of three
brands for upmarket vehicles. The other two brands are Denza and
Yangwang.
It also launched a hybrid SUV and a sports car under the
Yangwang brand that sells above 1 million yuan ($138,132.99).
BYD said it had delivered nearly 20,000 units of Bao 5, the
first model of the Fangchengbao brand, since the plug-in hybrid
SUV, priced from 289,900 yuan, started delivery in November.
($1 = 7.2394 Chinese yuan renminbi)