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

BEIJING (Reuters) – China’s BYD Co 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.

(Reporting by Beijing newsroom; Editing by Tom Hogue)

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