Ford

A rough framework would allow Chinese automakers to produce vehicles in the US through joint ventures with American automakers, Bloomberg reported.

Ford and Geely are discussing a potential partnership as both companies seek to share technology and manufacturing costs, Reuters reported.

Ford has also held talks with BYD and other Chinese automakers about potential US collaborations, according to the Financial Times.

If a deal is reached, Ford would likely source batteries from BYD for its plants outside the US, the Wall Street Journal reported.

Ford offers both BEV and EREV options for the electric Bronco in China, part of its efforts to make a comeback in the world's largest EV market.

Ford began pre-sales of the electric Bronco in China on November 18, with a starting price of RMB 229,800 ($32,610).

The electric Bronco starts at RMB 229,800 ($32,320) during pre-sales, offering both EREV and BEV options.

The electric Bronco is one of the latest major offensives in Ford's comeback effort in China's EV market, where it's consolidating resources.

Ford once had high hopes for the Mustang Mach-E in China, setting up a separate company to run the business. Now, the US carmaker is scaling back its ambitions in the business.

"They developed very quickly, and they developed them in large scale. And now they're exporting them," Bill Ford said.