Real-time Optimization of EV Battery Supply Chains: A Dynamic Approach

This paper presents a dynamic optimization model for the electric vehicle (EV) battery supply chain, addressing the critical need for efficient logistics amidst fluctuating demand and market conditions. The growing adoption of EVs necessitates robust supply chain mechanisms to ensure timely and cost-effective battery delivery. This task is challenging due to the complexity of real-time adjustments required in logistics, considering factors such as transportation delays, battery availability, and cost constraints. We develop a model that dynamically adjusts supply chain logistics in real-time, leveraging advanced optimization techniques including reinforcement learning, stochastic programming, and robust optimization. We validate our approach through extensive experiments under various demand scenarios, demonstrating significant improvements in supply chain efficiency, cost savings, and battery delivery speed. Our results highlight the effectiveness of our dynamic optimization approach in managing the complexities of the EV battery supply chain.

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Publication Details

Journal
Energy & System
Published
2024-12-10
DOI
https://doi.org/10.71070/es.v4i1.17
Primary Topic
Electric Vehicles and Infrastructure
Type
article
Field-Weighted Citation Impact
0.00
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article

Real-time Optimization of EV Battery Supply Chains: A Dynamic Approach

Rafaël Costa, Lucas Almeida, Ana Pereira
Energy & System
Electric Vehicles and Infrastructure
article

Real-time Optimization of EV Battery Supply Chains: A Dynamic Approach

Rafaël Costa, Lucas Almeida, Ana Pereira
article en

Abstract

This paper presents a dynamic optimization model for the electric vehicle (EV) battery supply chain, addressing the critical need for efficient logistics amidst fluctuating demand and market conditions. The growing adoption of EVs necessitates robust supply chain mechanisms to ensure timely and cost-effective battery delivery. This task is challenging due to the complexity of real-time adjustments required in logistics, considering factors such as transportation delays, battery availability, and cost constraints. We develop a model that dynamically adjusts supply chain logistics in real-time, leveraging advanced optimization techniques including reinforcement learning, stochastic programming, and robust optimization. We validate our approach through extensive experiments under various demand scenarios, demonstrating significant improvements in supply chain efficiency, cost savings, and battery delivery speed. Our results highlight the effectiveness of our dynamic optimization approach in managing the complexities of the EV battery supply chain.

Energy & SystemVol. 4(1)
Flower Hospital (US), Energy Foundation (CN)
Openalex Percentile: Top 72%
Electric Vehicles and Infrastructure
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Real-time Optimization of EV Battery Supply Chains: A Dynamic Approach — Rafaël Costa, Lucas Almeida, et al. · Energy & System (2024) | TGRS Research Map | TGRS