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.

Highlights

  • Everyone is still trying to figure out how and why the coronavirus may appear in the world suddenly

  • I would like to discuss about the challenges and opportunities on Touring industry and New Energy Automobile Industry during pandemic

  • A lot of industries have been affected by coronavirus, especially for touring industry and new energy automobile industry as I have mentioned above

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Summary

Introduction

Everyone is still trying to figure out how and why the coronavirus may appear in the world suddenly. More than 100 million people were infected, and more than 2 million individuals passed away. With the awareness for sustainable development in the world, people may start to consider the possibility to use an alternative energy, which boost the demands for new energy vehicle. Accompanying with the aged tendency of population, population who over 60 years old occupied 17.9% of the population-249.49 millions have more time to enjoy their lives. They are more willing to travel around world because of more spare time and high disposable income, which increases the global demand for touring industry

New energy automobile
Touring industry
Tactics for touring companies
Findings
Conclusion
Full Text
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