Li Auto and Didi Global Are on the Road to Ending Their Ride-Hailing Joint Venture

Seeking Alpha2022-08-11

A ride-hailing joint venture between Didi Global (OTCPK:DIDIY) and Li Auto (LI) has applied for bankruptcy protection per a court filing with the Beijing No. 1 Intermediate People's Court.

The companies had formed a partnership in 2018 to develop electric vehicles customized for ride-hailing services, with Didi owning 51% of the JV and Li Auto (LI) holding 49%.

Didi Global (OTCPK:DIDIY) and Li Auto (LI) have not commented yet on the bankruptcy filing or on any future plans together.

Last month, DiDi Global (OTCPK:DIDIY) started trading on the OTC market after a delisting from the New York Stock Exchange.

Shares of Li Auto (LI) rose 0.86% premarket in the U.S. to $31.79 vs. the 52-week trading range of $16.86 to $41.49.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Guavaxf30
2022-08-11
Guavaxf30
Hmmn. Is this a Didi thing? Or it is just a reflection of the weaker EV companies being weeded out?
Renzo Piano
2022-08-11
Renzo Piano
[Surprised]
genome
2022-08-11
genome
Good
Adren
2022-08-11
Adren
Ok
Moonshot
2022-08-11
Moonshot
Their JV fails and yet LI ticker still rise? Seems like lots of investors these days are having weed for summer holidays. [Drowsy]
KYBoo
2022-08-11
KYBoo
Go9d

Leave a comment

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLi Auto and Didi Global Are on the Road to Ending Their Ride-Hailing Joint Venture\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-11 20:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3871458-li-auto-and-didi-global-are-on-the-road-to-ending-their-ride-hailing-joint-venture><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A ride-hailing joint venture between Didi Global (OTCPK:DIDIY) and Li Auto (LI) has applied for bankruptcy protection per a court filing with the Beijing No. 1 Intermediate People's Court.The ...</p>\n\n<a href=\"https://seekingalpha.com/news/3871458-li-auto-and-didi-global-are-on-the-road-to-ending-their-ride-hailing-joint-venture\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIDIY":"DiDi Global Inc.","LI":"理想汽车"},"source_url":"https://seekingalpha.com/news/3871458-li-auto-and-didi-global-are-on-the-road-to-ending-their-ride-hailing-joint-venture","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177880619","content_text":"A ride-hailing joint venture between Didi Global (OTCPK:DIDIY) and Li Auto (LI) has applied for bankruptcy protection per a court filing with the Beijing No. 1 Intermediate People's Court.The companies had formed a partnership in 2018 to develop electric vehicles customized for ride-hailing services, with Didi owning 51% of the JV and Li Auto (LI) holding 49%.Didi Global (OTCPK:DIDIY) and Li Auto (LI) have not commented yet on the bankruptcy filing or on any future plans together.Last month, DiDi Global (OTCPK:DIDIY) started trading on the OTC market after a delisting from the New York Stock Exchange.Shares of Li Auto (LI) rose 0.86% premarket in the U.S. to $31.79 vs. the 52-week trading range of $16.86 to $41.49.","news_type":1,"symbols_score_info":{"DIDIY":0.9,"LI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9907524639,"gmtCreate":1660222853424,"gmtModify":1703481101041,"author":{"id":"4113609399218192","authorId":"4113609399218192","name":"genome","avatar":"https://community-static.tradeup.com/news/5a7f0cb84a19ed32360b04b0bcb0ea46","vip":1,"crmLevel":11,"crmLevelSwitch":0,"idStr":"4113609399218192","authorIdStr":"4113609399218192"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9907524639","repostId":1177880619,"repostType":2,"repost":{"id":"1177880619","kind":"news","pubTimestamp":1660219667,"share":"https://ttm.financial/m/news/1177880619?lang=en_US&edition=fundamental","pubTime":"2022-08-11 20:07","market":"us","language":"en","title":"Li Auto and Didi Global Are on the Road to Ending Their Ride-Hailing Joint Venture","url":"https://stock-news.laohu8.com/highlight/detail?id=1177880619","media":"Seeking Alpha","summary":"A ride-hailing joint venture between Didi Global (OTCPK:DIDIY) and Li Auto (LI) has applied for bank","content":"<html><head></head><body><p>A ride-hailing joint venture between Didi Global (OTCPK:DIDIY) and Li Auto (LI) has applied for bankruptcy protection per a court filing with the Beijing No. 1 Intermediate People&#39;s Court.</p><p>The companies had formed a partnership in 2018 to develop electric vehicles customized for ride-hailing services, with Didi owning 51% of the JV and Li Auto (LI) holding 49%.</p><p>Didi Global (OTCPK:DIDIY) and Li Auto (LI) have not commented yet on the bankruptcy filing or on any future plans together.</p><p>Last month, DiDi Global (OTCPK:DIDIY) started trading on the OTC market after a delisting from the New York Stock Exchange.</p><p>Shares of Li Auto (LI) rose 0.86% premarket in the U.S. to $31.79 vs. the 52-week trading range of $16.86 to $41.49.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Li Auto and Didi Global Are on the Road to Ending Their Ride-Hailing Joint Venture</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLi Auto and Didi Global Are on the Road to Ending Their Ride-Hailing Joint Venture\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-11 20:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3871458-li-auto-and-didi-global-are-on-the-road-to-ending-their-ride-hailing-joint-venture><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A ride-hailing joint venture between Didi Global (OTCPK:DIDIY) and Li Auto (LI) has applied for bankruptcy protection per a court filing with the Beijing No. 1 Intermediate People's Court.The ...</p>\n\n<a href=\"https://seekingalpha.com/news/3871458-li-auto-and-didi-global-are-on-the-road-to-ending-their-ride-hailing-joint-venture\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIDIY":"DiDi Global Inc.","LI":"理想汽车"},"source_url":"https://seekingalpha.com/news/3871458-li-auto-and-didi-global-are-on-the-road-to-ending-their-ride-hailing-joint-venture","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177880619","content_text":"A ride-hailing joint venture between Didi Global (OTCPK:DIDIY) and Li Auto (LI) has applied for bankruptcy protection per a court filing with the Beijing No. 1 Intermediate People's Court.The companies had formed a partnership in 2018 to develop electric vehicles customized for ride-hailing services, with Didi owning 51% of the JV and Li Auto (LI) holding 49%.Didi Global (OTCPK:DIDIY) and Li Auto (LI) have not commented yet on the bankruptcy filing or on any future plans together.Last month, DiDi Global (OTCPK:DIDIY) started trading on the OTC market after a delisting from the New York Stock Exchange.Shares of Li Auto (LI) rose 0.86% premarket in the U.S. to $31.79 vs. the 52-week trading range of $16.86 to $41.49.","news_type":1,"symbols_score_info":{"DIDIY":0.9,"LI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9907522372,"gmtCreate":1660222358498,"gmtModify":1703480162179,"author":{"id":"3585523380475263","authorId":"3585523380475263","name":"Adren","avatar":"https://static.tigerbbs.com/0aadde2926bded6d94841939400c4029","vip":1,"crmLevel":11,"crmLevelSwitch":0,"idStr":"3585523380475263","authorIdStr":"3585523380475263"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9907522372","repostId":1177880619,"repostType":4,"repost":{"id":"1177880619","kind":"news","pubTimestamp":1660219667,"share":"https://ttm.financial/m/news/1177880619?lang=en_US&edition=fundamental","pubTime":"2022-08-11 20:07","market":"us","language":"en","title":"Li Auto and Didi Global Are on the Road to Ending Their Ride-Hailing Joint Venture","url":"https://stock-news.laohu8.com/highlight/detail?id=1177880619","media":"Seeking Alpha","summary":"A ride-hailing joint venture between Didi Global (OTCPK:DIDIY) and Li Auto (LI) has applied for bank","content":"<html><head></head><body><p>A ride-hailing joint venture between Didi Global (OTCPK:DIDIY) and Li Auto (LI) has applied for bankruptcy protection per a court filing with the Beijing No. 1 Intermediate People&#39;s Court.</p><p>The companies had formed a partnership in 2018 to develop electric vehicles customized for ride-hailing services, with Didi owning 51% of the JV and Li Auto (LI) holding 49%.</p><p>Didi Global (OTCPK:DIDIY) and Li Auto (LI) have not commented yet on the bankruptcy filing or on any future plans together.</p><p>Last month, DiDi Global (OTCPK:DIDIY) started trading on the OTC market after a delisting from the New York Stock Exchange.</p><p>Shares of Li Auto (LI) rose 0.86% premarket in the U.S. to $31.79 vs. the 52-week trading range of $16.86 to $41.49.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Li Auto and Didi Global Are on the Road to Ending Their Ride-Hailing Joint Venture</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLi Auto and Didi Global Are on the Road to Ending Their Ride-Hailing Joint Venture\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-11 20:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3871458-li-auto-and-didi-global-are-on-the-road-to-ending-their-ride-hailing-joint-venture><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A ride-hailing joint venture between Didi Global (OTCPK:DIDIY) and Li Auto (LI) has applied for bankruptcy protection per a court filing with the Beijing No. 1 Intermediate People's Court.The ...</p>\n\n<a href=\"https://seekingalpha.com/news/3871458-li-auto-and-didi-global-are-on-the-road-to-ending-their-ride-hailing-joint-venture\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIDIY":"DiDi Global Inc.","LI":"理想汽车"},"source_url":"https://seekingalpha.com/news/3871458-li-auto-and-didi-global-are-on-the-road-to-ending-their-ride-hailing-joint-venture","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177880619","content_text":"A ride-hailing joint venture between Didi Global (OTCPK:DIDIY) and Li Auto (LI) has applied for bankruptcy protection per a court filing with the Beijing No. 1 Intermediate People's Court.The companies had formed a partnership in 2018 to develop electric vehicles customized for ride-hailing services, with Didi owning 51% of the JV and Li Auto (LI) holding 49%.Didi Global (OTCPK:DIDIY) and Li Auto (LI) have not commented yet on the bankruptcy filing or on any future plans together.Last month, DiDi Global (OTCPK:DIDIY) started trading on the OTC market after a delisting from the New York Stock Exchange.Shares of Li Auto (LI) rose 0.86% premarket in the U.S. to $31.79 vs. the 52-week trading range of $16.86 to $41.49.","news_type":1,"symbols_score_info":{"DIDIY":0.9,"LI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9907526240,"gmtCreate":1660222200482,"gmtModify":1703479849027,"author":{"id":"4087182159149440","authorId":"4087182159149440","name":"Moonshot","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":11,"crmLevelSwitch":1,"idStr":"4087182159149440","authorIdStr":"4087182159149440"},"htmlText":"Their JV fails and yet LI ticker still rise? Seems like lots of investors these days are having&nbsp;weed for summer holidays.&nbsp;[Drowsy]&nbsp;","listText":"Their JV fails and yet LI ticker still rise? Seems like lots of investors these days are having&nbsp;weed for summer holidays.&nbsp;[Drowsy]&nbsp;","text":"Their JV fails and yet LI ticker still rise? Seems like lots of investors these days are having weed for summer holidays. [Drowsy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9907526240","repostId":1177880619,"repostType":4,"repost":{"id":"1177880619","kind":"news","pubTimestamp":1660219667,"share":"https://ttm.financial/m/news/1177880619?lang=en_US&edition=fundamental","pubTime":"2022-08-11 20:07","market":"us","language":"en","title":"Li Auto and Didi Global Are on the Road to Ending Their Ride-Hailing Joint Venture","url":"https://stock-news.laohu8.com/highlight/detail?id=1177880619","media":"Seeking Alpha","summary":"A ride-hailing joint venture between Didi Global (OTCPK:DIDIY) and Li Auto (LI) has applied for bank","content":"<html><head></head><body><p>A ride-hailing joint venture between Didi Global (OTCPK:DIDIY) and Li Auto (LI) has applied for bankruptcy protection per a court filing with the Beijing No. 1 Intermediate People&#39;s Court.</p><p>The companies had formed a partnership in 2018 to develop electric vehicles customized for ride-hailing services, with Didi owning 51% of the JV and Li Auto (LI) holding 49%.</p><p>Didi Global (OTCPK:DIDIY) and Li Auto (LI) have not commented yet on the bankruptcy filing or on any future plans together.</p><p>Last month, DiDi Global (OTCPK:DIDIY) started trading on the OTC market after a delisting from the New York Stock Exchange.</p><p>Shares of Li Auto (LI) rose 0.86% premarket in the U.S. to $31.79 vs. the 52-week trading range of $16.86 to $41.49.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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