Prediction of the Inventory of New Energy Vehicle Charging Piles in China Based on Support Vector Machine

With the rapid development of China's new energy vehicle (NEV) industry, the charging pile, as a key supporting facility, plays a crucial role. Predicting the inventory of charging piles is of great significance for guiding the healthy de-velopment of the industry. This paper employs the Support Vector Machine (SVM) as the prediction model. Firstly, data on the inventory of NEV charging piles in China over the past six years were collected. Combined with factors such as the production and sales volume of NEVs, relevant policies, and public pa-tents, a prediction model was constructed. By selecting appropriate kernel func-tions and adjusting parameters, the SVM model demonstrated good predic-tive performance on the training data. Cross-validation and parameter optimi-zation were conducted to ensure the stability and reliability of the prediction results. The prediction indicates that the inventory of NEV charging piles in China is expected to continue growing in the coming years.

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Publication Details

Journal
Economics and Public Policy
Published
2025-06-24
DOI
https://doi.org/10.63313/epp.9001
Primary Topic
Energy Load and Power Forecasting
Type
article
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article

Prediction of the Inventory of New Energy Vehicle Charging Piles in China Based on Support Vector Machine

Jun Li, Yumei Wang
Economics and Public Policy
Energy Load and Power Forecasting
article

Prediction of the Inventory of New Energy Vehicle Charging Piles in China Based on Support Vector Machine

Jun Li, Yumei Wang
article en

Abstract

With the rapid development of China's new energy vehicle (NEV) industry, the charging pile, as a key supporting facility, plays a crucial role. Predicting the inventory of charging piles is of great significance for guiding the healthy de-velopment of the industry. This paper employs the Support Vector Machine (SVM) as the prediction model. Firstly, data on the inventory of NEV charging piles in China over the past six years were collected. Combined with factors such as the production and sales volume of NEVs, relevant policies, and public pa-tents, a prediction model was constructed. By selecting appropriate kernel func-tions and adjusting parameters, the SVM model demonstrated good predic-tive performance on the training data. Cross-validation and parameter optimi-zation were conducted to ensure the stability and reliability of the prediction results. The prediction indicates that the inventory of NEV charging piles in China is expected to continue growing in the coming years.

Economics and Public PolicyVol. 1(1)
Anhui University of Finance and Economics (CN)
Openalex Percentile: Top 86%
Energy Load and Power Forecasting
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Prediction of the Inventory of New Energy Vehicle Charging Piles in China Based on Support Vector Machine — Jun Li, Yumei Wang · Economics and Public Policy (2025) | TGRS Research Map | TGRS