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Chinese Makers Ming Yang, Xpeng Hunt Europe Amid Security Scrutiny

5/16/2026

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Story summary
  • Both Chinese manufacturers are pursuing European production despite heightened security and foreign-investment scrutiny.
  • After halting its £1.5 billion Scottish factory, Ming Yang began scouting sites in Spain and elsewhere.
  • The UK said in March it would not back Ming Yang turbines in offshore wind projects because of security concerns.
  • Xpeng managing director Elvis Cheng told the Financial Times the company is seeking a European location while viewing Volkswagen’s existing plants as outdated.