China’s BYD announces new sub-brand FANG CHENG BAO for new energy vehicles

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BEIJING (Reuters) – China’s BYD Co (OTC:BYDDF) Ltd on Friday announced new sub-brand FANG CHENG BAO for its new energy vehicle models.

It expects to launch the first model of the new sub-brand as an SUV code-named SF this year, BYD said in a statement.