With Chinese-built light vehicles still subject to stiff U.S. tariffs and the market expected to contract for a third straight year in 2020, automakers operating well below production capacity are stepping up efforts to ship cars and light trucks to regions other than North America.

Fiat Chrysler Automobiles, struggling for traction amid tighter fuel-economy standards and electric-vehicle mandates in China, is in talks with Hon Hai on a joint venture to develop and manufacture EVs in the country with potential exports later.

After buying Volvo and Lotus, Chinese auto tycoon Li Shufu is said to be interested in a technology-sharing deal with Aston Martin.

Responding to a report that Guangzhou Automobile Group was preparing to invest up to $1 billion in the EV startup, Nio said it has explored financial and strategic opportunities with GAC, while cautioning a definitive agreement hasn’t been reached.