Research on Prognostic Cost Model for Electric Drive Systems Integrating Material Pricing and Technological Evolution

In order to analyze the change trend of the cost and price of the electric drive system, a cost prediction model of the electric drive system based on the raw material price and technology upgrading factors is constructed. Through simulation, the cost of the electric drive system in 2025 and 2030 is calculated. The results show that with the continuous upgrading of technology and the continuous improvement of industrial chain, the cost of miniaturized electric drive system in 2025 will be reduced by about 20% compared with that in 2022, and by 2030, the cost of miniaturized electric drive system and high-voltage electric drive system will be reduced by more than 25% compared with that in 2022. Industrial scale, rare earth price, chip price, bulk commodities, silicon carbide and technology upgrading are the main factors affecting the cost of electric drive system.

Authors

Institutions

Publication Details

Published
2024-08-29
DOI
https://doi.org/10.1109/neessc62857.2024.10733451
Primary Topic
Machine Fault Diagnosis Techniques
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Research on Prognostic Cost Model for Electric Drive Systems Integrating Material Pricing and Technological Evolution

Guorui Jia, Huanhuan Ren, Chen Liu, Chuan Chen et al.
Machine Fault Diagnosis Techniques
article

Research on Prognostic Cost Model for Electric Drive Systems Integrating Material Pricing and Technological Evolution

Guorui Jia, Huanhuan Ren, Chen Liu, Chuan Chen, Wanyang Li, Qingsi Meng
article en

Abstract

In order to analyze the change trend of the cost and price of the electric drive system, a cost prediction model of the electric drive system based on the raw material price and technology upgrading factors is constructed. Through simulation, the cost of the electric drive system in 2025 and 2030 is calculated. The results show that with the continuous upgrading of technology and the continuous improvement of industrial chain, the cost of miniaturized electric drive system in 2025 will be reduced by about 20% compared with that in 2022, and by 2030, the cost of miniaturized electric drive system and high-voltage electric drive system will be reduced by more than 25% compared with that in 2022. Industrial scale, rare earth price, chip price, bulk commodities, silicon carbide and technology upgrading are the main factors affecting the cost of electric drive system.

China Automotive Technology and Research Center (CN), Weichai Power (China) (CN)
Openalex Percentile: Top 78%
Machine Fault Diagnosis Techniques
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.