Challenges and opportunities for touring industry and new energy automobile industry

Abstract

During pandemic, people's lives are affected dramatically - more than 20 million people have been affected, and most companies have been affected by such virus. However, people may always consider that some industries with inelastic demands such as touring industries and new energy vehicles industries will not be affected by such crisis. By analyzing the data from specific companies, I found the difficulties and opportunities for these industries. For example, touring industry related companies can use several strategies such as promotional strategy and corporate with high-tech companies to tackle with the catastrophe. Besides, electric car industry related companies may set up their technical barriers to boost their sales. From my research, there is no real-inelastic demands for any industries, and the only method for them to survive at any time is always researching new technology and meet customers' demands.