BYD undercuts the Tesla Model 3 with its new Formula S EV, starting… | HappeningNow.news

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BYD undercuts the Tesla Model 3 with its new Formula S EV, starting at under $29,000

The Formula S series includes the first sedan and GT, launched under BYD’s Fang Cheng Bao. Starting at under $29,000, the electric sedan is cheaper than a Tesla Model 3.

Source AI Summary Published September 16, 2026 Brief Under 1 min brief
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BYD introduced the Formula S series, its first sedan and GT models, under the Fang Cheng Bao brand. The electric sedan is priced at under $29,000, making it cheaper than a Tesla Model 3.

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