Ignoring monetary aspect, from technical point of view it is really not optimal to construct higher power system from small components when one bigger would do. It is like attaching 5 small trailers to a passenger car to move some stuff instead of renting mid size cargo truck.
True and false. It really depends. It is very very usual to parallel smaller power conversion modules. Even large ones are often internally constructed from smaller modules. Car analogies are nice, but in actual technology real technological details matter, near-zero switching impedance is hard to deal with, and smaller converters can utilize off-the-shelf components.
Too small, and you need too many, and it gets too expensive - but just the Right Size, and properly designed ground-up to be paralleled, and you can sell the optimum solution to everyone, in form of one product, which drives costs down compared to one massive product which remains niche and sold in small numbers.
A better car analogy: look at a large semi truck or trailer. Why do you think they have maybe 8 or 10 tires, even 12? Sometimes 4 on a single axis. Surely a car only needs one in each corner?