Aston Martin is reportedly talking to two potential investors as it attempts to sure up its finances.
Last week, the luxury sports car maker issued a profit warning as it expects its 2019 earnings to be between £130 million ($248 million) and £140 million ($267 million), a fall of at least 43 per cent from 2018.
According to the business publication, Geely is hoping to engineer a technology sharing deal between Aston Martin and Lotus.
Since acquiring Volvo in 2010, Geely has rapidly expanded its portfolio of brands, adding Lynk & Co and Polestar to the roster, acquiring a controlling stake in Lotus, and purchasing a 49.9 per cent shareholding in Proton.
Bloomberg also understands billionaire Lawrence Stroll is in advanced discussions with Aston Martin, and is looking to inject £200 million ($382 million) into the company.
As we reported back in December, Stroll is a Canadian billionaire who made his fortune in fashion. He owns the Racing Point Formula One team, and the Circuit Mont-Tremblant race track in Quebec.
Although the company's current economic situation is bleak, it is hoping the new DBX crossover will turn its fortunes around. Production has just begun at a new factory in Wales and, if successful, could double the company's sales from around 7000 to 14,000 per annum.