MPV market

Chinese EVs Surge: MPV vs SUV Wars & Global Plays

Large six-seat Chinese EVs like NIO ES8 and Tengshi N9 are crushing MPVs with 40%+ sales growth in 2025, poised to top 1M units amid family demand shifts. Chery's $800M Vietnam factory targets ASEAN EV dominance, while Toyota's US imports highlight global trade maneuvers. Chip breakthroughs and ADAS deals further empower China's EV supply chain.