Tesla’s Chinese Rival Nio Juices Up Its European Expansion

It is a tourist modality in which the local community participates actively in this type of activity and allows generating wealth in rural areas of Latin American countries, through the participation of the local community in tourism management, so that the benefits obtained have an impact on the community itself . By incorporating community tourism into the life plans of the communities, the leaders have found a relatively easy way to include, at least on paper, a good part of the community. In other words, these projects are a tool commonly used by leaders to demonstrate their management. But in practice, the level of commitment, responsibility and participation of community members in community tourism programs is very variable and does not always correspond to the pattern of distribution of income from the program. This inequity is the result of the interplay of competing interests that exists in all human communities and that only strong, wise and honest leadership can control. There is a lack of knowledge about the valuable tourist resource they possess and a weak appreciation of their ancestral traditions.

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Try the tool that will help you invest smarter, faster, and better. The company began by offering lease-only for its models in all European countries except Norway but shortly added the option for customers to purchase the vehicles after initial market feedback. Keybanc analyst Steve Barger maintained an Overweight rating on the stock. Go-to place to discover events for more than 15M people globally. Looking ahead to the fourth quarter, Nio expects to deliver between 43,000 and 48,000 vehicles, which would represent YOY growth of around 71.8% to 91.7%. Also for Q4, Nio anticipates YOY revenue improvement of roughly 75.4% to 94.2%, to a dollar-translated range of between $2.442 billion and $2.703 billion.

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Territorial management is very important because it is necessary that tourism be respectful with the environment and responsible with the social environment. Inadequate tourism can degrade habitat and deplete natural resources, while sustainable and responsible tourism can help preserve the rural environment and local culture. The implantation of community tourism, in the economic area, stimulates the local economy; in the environmental aspect, the promotion of tourism promotes the sustainability and conservation of the environment and optimizes Go Markets forex broker Introduction the management of natural resources. It must also be ecologically sustainable in the long term, economically viable and equitable from an ethical and social perspective for local communities. A good tourism management should conserve natural spaces since nature and culture are the support of tourist activity. The objective of this tourist modality is to preserve the ethnic identity, the valuation and the transmission of the cultural heritage in all its forms, since the native cultures are carriers of values, history and identity .

It is one of the most applied conservation strategies in Ecuador and other tropical countries, considering it an economic alternative that could stop deforestation and other forms of over-exploitation of resources in communities, also contributing to the rescue of local cultures. However, there are several problems that affect the development of this activity. However, it seems that this process, which began more than thirty years ago, is now showing a marked deceleration and the recovery it has achieved is very little. The objective of the present investigation is to analyze the current state of community tourism, a particular case in the Indillama River Community, Yasuní National Park, and to be able to answer the limiting factors that hinder the takeoff of this activity, born in the same of the indigenous communities.

A significant deficiency observed is the lack of teamwork that facilitates the various activities that arise from tourism processes. The community tourism little or nothing contributed to the economy and to the improvement of the quality of life, in the community Rio Indillama the indigenous feel disappointed with the administrators of the tourist undertakings. The few incomes and a bad distribution of the royalties left by tourism has caused social conflicts. In recent years, community tourism has been able to promote the integral development of communities trying to reduce poverty by generating employment and obtaining additional income, avoiding migratory movements.

Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns. Investors should be encouraged by the development and other news from Nio’s third-quarter earnings announcement. Silvergate Capital shares dropped 0.7% to $24.73 in pre-market trading. Twist Bioscience shares fell 1.3% to $24.50 in pre-market trading. Post Holdings shares dropped 0.6% to $88.45 in pre-market trading.

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However, encouraging news from China and Nio’s revenue forecast should boost investors’ confidence. The premium EV maker just launched its first power-swapping station in Varberg, Sweden, the company said in a LinkedInpost. They do not have a strategic plan that allows the proper functioning of the independent enterprise of the shift managers. The implementation of infrastructure has been possible thanks to contributions and gifts from local governments and NGOs, at present the infrastructure presents deteriorations which cannot be repaired due to the lack of proper management of the few resources that enter . Indillama Community, categorized as economic, social and environmental. Keywords Community tourism; Río Indillama Community; Yasuní National Park; limiting factors.

  • There is no clarity about the management of economic resources, the lack or non-existence of tariffs for the scarce services they offer contribute even more to the deep crisis in the management and management of community tourism.
  • He also serves as the chief analyst and market researcher for Portfolio Wealth Global and hosts the popular financial YouTube channel Looking at the Markets.
  • Community tourism is appearing strongly in the Andean region, which is based on the local community and the management of the territory.

In addition, it is the main source of income and foreign currency and in some countries, they represent 40% of its GDP . As an implication for management, the results of this research may be useful, first of all, for the local community that benefits from the activity generated by community tourism. The managers of the community tourism must continue betting on the sustainable development of the same, since it could generate numerous benefits for the local community, as well as improving the conservation of natural resources. On the other hand, government entities should consider the results obtained in this study, because they could improve tourism development in areas with potential for community tourism, in order to promote the sustainable development of local communities. The community tourism model is characterized because the rural communities are in charge of at least part of the control of this activity and also receive part of their economic benefits.

Deutsche Bank analyst Edison Yu maintained a Buy rating on the stock. Program, are technical assistance, training and implementation of quality standards, only the last component is promotion. It would not occur to anyone to deny the need for training, evaluation and development of adequate standards for the success of a tourism program. However, many of the foundations and cooperation agencies stay there because it is a much easier way to demonstrate management by presenting a report with the results of a few days’ evaluation or a typical training workshop of dubious results, considering the modular antipedagogic methodologies they use.

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David Moadel has provided compelling content – and crossed the occasional line – on behalf of Motley Fool, Crush the Street, Market Realist, TalkMarkets, TipRanks, Benzinga, and InvestorPlace.com. He also serves as the chief analyst and market researcher for Portfolio Wealth Global and hosts the popular financial YouTube channel Looking at the Markets. Did not have any positions in the securities mentioned in this article.The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.

Iovance Biotherapeutics shares fell 4.8% to $6.30 in pre-market trading. Yasuní National Park is one of the last pieces of jungle in Ecuador, the outsourcing de desarrollo de software most biodiverse place on the planet. Here extraordinary forests that are the heritage of all Ecuadorians and reserve of life on Earth are erected.

Investors can buy and hold NIO stock as the shares should be worth at least $100 apiece in a few years. The company said on its November earnings call that it planned to install 20 power swapping stations across Europe by the end of 2022 andincrease the tally to 100 by next year. As of November 6, the company had installed 1,200 swapping stations across China. Nio differentiates itself from its rivals by offering swappable batteries, which are upgradable and charge a monthly subscription fee, on top of the traditionalplug-and-charge model. Evaluating and implementing them must be the members of the communities without the influence of external organizations that, in some cases, have benefited from maintaining the status quo or have demonstrated that they do not have the capacity to change it. Currently, the problem of low or zero economic royalties has been a very strong factor for the members of the community to show a lack of interest in bonding and teamwork.

The main results obtained in this research generate an acceptance by the local population towards the sustainable development of the destination through community tourism, with high environmental and sociocultural costs and benefits for low tourism. Therefore, the local population does not perceive negative impact through community tourism and few economic benefits. In other words, community tourism from an indigenous perspective has been seen as a panacea for development and has the support of states, NGOs, cooperation agencies, and international organizations. However, this model of tourist operation has some problems; Their impact is minimal or no impact on local practices of resource use, they improve only modestly the family income and they depend too much on external aid not only in the short term also but in the long term . Community tourism is appearing strongly in the Andean region, which is based on the local community and the management of the territory.

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The configuration also allows us to separate the control processes that did not experience the change in the conditions of those that did. The ideal data would be longitudinal, but due to a series of problems and characteristics with respect to the populations, such methods were almost impossible to implement. Therefore, cross sections from different periods were used to compare the effects classic pivot point formula of the natural experiment. This method still provides a clean comparison of the data from the baseline survey in a tourism period 2010 – 2018 and also a comparison. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services.

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It is also home to peoples who have developed in close dialogue with the jungle and who know it in depth. The share price won’t likely stay this cheap during the next few years, and $100 in 2025 should reflect Nio’s evolution into an EV-market powerhouse. You may recall Oct. 24 as one of the worst days for U.S.-listed Chinese stocks in recent memory. In fact, it was the steepest single-day decline for Hong Kong-listed stocks since 2008. Holding shares of EV manufacturers has also been challenging.

Meanwhile, Nio recently disclosed its unaudited third-quarter 2022 financial and operational results. Given its current vehicle-sales growth rate, Nio should be a much bigger company in 2025. Nio doesn’t have to be a perfect business, as long as it’s growing and improving. The automaker’s story is still unfolding — and by 2025, the Nio share price will probably be much higher than it is today.

During the third quarter of 2022, Nio’s vehicle sales jumped 38.2% YOY to the equivalent of around $1.678 billion. Moreover, the company delivered 10,059 vehicles in October 2022, indicating a jaw-dropping 174.3% YOY increase. It’s possible that Mizuho analyst Vijay Rakesh had these issues in mind when he reduced his price target on NIO stock from $40 to $34. Bank of America analyst Ming Hsun Lee also published a price-target cut on Nio shares, in this instance from $16 to $15. Don’t miss real-time alerts on your stocks — join Benzinga Pro for free!

There is no clarity about the management of economic resources, the lack or non-existence of tariffs for the scarce services they offer contribute even more to the deep crisis in the management and management of community tourism. In recent decades, the tourism sector has been immersed in an intense process of strengthening the participation of local communities in developing countries that materialize in Community Tourism initiatives. This paper highlights the important impact of tourism on the regional economy of the region, stating that it has a series of ideal characteristics for the implementation of Community Tourism initiatives; low level of agrarian and industrial development, high rates of poverty and unemployment . Abstract Community tourism is a recent tourism initiative that is being developed in Latin America as an alternative to traditional tourism. This tourism typology aims to contribute to the conservation of the environment and the participation of the local community in the tourist management of the territory.

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