Research on Factors Related to the Development of New Energy Vehicles Based on ARIMA Time Series Forecasting

This paper analyzes factors and influences related to the development of new energy vehicles in China. First, wefound and analyzed factors related to the development of new energy vehicles in China, such as environmental pollution, policy subsidies, gasoline prices, and economic conditions. We conducted K-S tests, utilized Spearman correlation analysis, and employed multiple linear regression models in SPSS. Then, we observed strong seasonality in the monthlysales time series of new energy vehicles. Hence, we chose to use the ARIMA model for analysis to predict the development of new energy electric vehicles in China over the next decade. Subsequently, we collected variables such as new energy electric vehicle penetration rate, international oil prices, traditional energy vehicle sales, new energy electric vehicle sales, global new energy vehicle stock, and global traditional vehicle stock. Using the TOPSIS comprehensive evaluation model, we concluded that the development of new energy electric vehicles will become a dominant trend in the market, significantly impacting the traditional automobile market. Moreover, our team systematically collected-information on negative policies towards China each year, quantified the factors influencing the impact of policies on the development of new energy vehicles, and defined it as the Policy Sanctions Index. Finally, we collected nationwide data and scaled the vehicle ownership based on population. Using the carbon emission calculation formula, we established a mathematical model to analyze the impact of the electrification of new energy electric vehicles on the carbon emission index.

Authors

Institutions

Publication Details

Published
2024-08-14
DOI
https://doi.org/10.1109/peeec63877.2024.00206
Citations
2
Primary Topic
Advanced Decision-Making Techniques
Type
article
Field-Weighted Citation Impact
1.56
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Research on Factors Related to the Development of New Energy Vehicles Based on ARIMA Time Series Forecasting

Hongyi Jiang, Z.C. Li, Yang Chen, Yuyang Liu
2 citations
Advanced Decision-Making Techniques
1.56
article

Research on Factors Related to the Development of New Energy Vehicles Based on ARIMA Time Series Forecasting

Hongyi Jiang, Z.C. Li, Yang Chen, Yuyang Liu
article en
2 citations

Abstract

This paper analyzes factors and influences related to the development of new energy vehicles in China. First, wefound and analyzed factors related to the development of new energy vehicles in China, such as environmental pollution, policy subsidies, gasoline prices, and economic conditions. We conducted K-S tests, utilized Spearman correlation analysis, and employed multiple linear regression models in SPSS. Then, we observed strong seasonality in the monthlysales time series of new energy vehicles. Hence, we chose to use the ARIMA model for analysis to predict the development of new energy electric vehicles in China over the next decade. Subsequently, we collected variables such as new energy electric vehicle penetration rate, international oil prices, traditional energy vehicle sales, new energy electric vehicle sales, global new energy vehicle stock, and global traditional vehicle stock. Using the TOPSIS comprehensive evaluation model, we concluded that the development of new energy electric vehicles will become a dominant trend in the market, significantly impacting the traditional automobile market. Moreover, our team systematically collected-information on negative policies towards China each year, quantified the factors influencing the impact of policies on the development of new energy vehicles, and defined it as the Policy Sanctions Index. Finally, we collected nationwide data and scaled the vehicle ownership based on population. Using the carbon emission calculation formula, we established a mathematical model to analyze the impact of the electrification of new energy electric vehicles on the carbon emission index.

Shanghai Lixin University of Accounting and Finance (CN), Donghua University (CN)
Affordable and clean energy
Openalex Percentile: Top 11%
Advanced Decision-Making Techniques
1.56
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.

Research on Factors Related to the Development of New Energy Vehicles Based on ARIMA Time Series Forecasting — Hongyi Jiang, Z.C. Li, et al. · (2024) | TGRS Research Map | TGRS