Evaluation of Pure-Electric Vehicle Retention Rate Based on TabTransformer

As China's NEV industry develops on a large scale with accelerated vehicle replacement, the speed of vehicle replacement has significantly accelerated, strongly promoting the development of the new energy second-hand vehicle market. This research targets low retention rates and hard valuation of pure electric vehicles. It proposes an evaluation method for pure electric vehicle retention rate using a deep learning model via variable screening, model construction (based on TabTransformer), and model performance evaluation. The research content and algorithm aim to be an important reference for entities like second-hand vehicle dealers, financial and insurance institutions, and consumers for evaluating pure electric vehicle retention rates.

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Publication Details

Published
2024-11-22
DOI
https://doi.org/10.1109/icicml63543.2024.10958143
Primary Topic
Engineering Applied Research
Type
article
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article

Evaluation of Pure-Electric Vehicle Retention Rate Based on TabTransformer

Puchao Li, Bin Xu, Shouchen Ding
Engineering Applied Research
article

Evaluation of Pure-Electric Vehicle Retention Rate Based on TabTransformer

Puchao Li, Bin Xu, Shouchen Ding
article en

Abstract

As China's NEV industry develops on a large scale with accelerated vehicle replacement, the speed of vehicle replacement has significantly accelerated, strongly promoting the development of the new energy second-hand vehicle market. This research targets low retention rates and hard valuation of pure electric vehicles. It proposes an evaluation method for pure electric vehicle retention rate using a deep learning model via variable screening, model construction (based on TabTransformer), and model performance evaluation. The research content and algorithm aim to be an important reference for entities like second-hand vehicle dealers, financial and insurance institutions, and consumers for evaluating pure electric vehicle retention rates.

China Automotive Technology and Research Center (CN)
Affordable and clean energy
Openalex Percentile: Top 68%
Engineering Applied Research
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