Is No. 1 correct?
1) This car is bionic of an insect. = 2) This car was modeled on an insect.
If no, how can we use bionic?
No, it's not right.
How can we use it? We find out what it means from a dictionary (or preferably 2 or 3), for example the one below, then we use it consistently with the definition.
For example, "My father had a bionic hand fitted after he lost his own in a tractor accident."
bi·on·ic/bīˈänik/
Adjective:1. Having artificial body parts, esp. electromechanical ones.
2. Having ordinary human powers increased by or as if by the aid of such devices (real or fictional).
More info »Dictionary.com - Answers.com - Merriam-Webster - The Free Dictionary
Please give a more helpful title to your next thread. '???' tells us nothing.
Context is always important; labelling is rarely important.