A Study on the Future Development Prospects of New Energy Electric Vehicles Based on the Trend Determination Method
Xinyue Zhang, Xuanyi Xiang, Zheng Yang · Journal of Electrotechnology Electrical Engineering and Management · 2024
The rapid development of new energy electric vehicles (NEEVs) has garnered significant attention globally. This paper aims to analyze and understand the factors influencing the development of NEEVs and their potential impact on both the domestic and global automotive industries. Initially, this paper identifies key factors that significantly impact the industry's development and establish a multiple linear regression model to analyze these factors. Subsequently, this paper applies exponential smoothing and grey correlation analysis to conduct a comprehensive forecast of trends from multiple perspectives. Our analysis predicts that NEEVs will experience a steady rise over the next decade, especially in market share, making them increasingly competitive against traditional vehicles. Furthermore, NEEVs are poised to significantly disrupt the traditional energy vehicle industry through technological innovation and market demand.