WNA Globe

World News by Wild Rose

#China Market ร—

Chinese 6-seat electric SUVs to stand out amid weak domestic sales, says Morgan Stanley

Six-seat premium electric sport utility vehicles (SUVs) are emerging as an unlikely game changer in Chinaโ€™s automotive market, with more than a dozen new locally developed models set to challenge German luxury brands this year. The spacious vehicles, increasingly popular among wealthy families in mainland China, could drive a rebound in the worldโ€™s largest car and electric vehicle (EV) market as they combined Chinese EVsโ€™ technological edge with competitive pricing, according to Morgan...