Electric Car Market Analysis Using Open Data: Sales, Volatility Assessment, and Forecasting

Pelegov, D. V.; Chanaron, Jean–Jacques

doi:10.3390/su15010399

Cited by 18 publications

(5 citation statements)

References 39 publications

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“…According to the univariate forecast, by the end of 2025 and the beginning of 2026, the sales volume of new energy vehicles in China will reach 56.2%, while the multivariate forecast shows that this proportion will reach 49.0%. The International Energy Agency (IEA) and Bloomberg New Energy Finance (BNEF) have also published relevant outlooks [44], and compared our forecast results with them. The Global EV Outlook 2023 released by IEA points out that under the guidance of China, the sales of electric vehicles, including battery electric vehicles and plug-in hybrid vehicles, continue to grow.…”

Section: Extrasample Prediction Resultsmentioning

confidence: 99%

Prediction of China Automobile Market Evolution Based on Univariate and Multivariate Perspectives

Dai,

Fang,

Wang

et al. 2023

Systems

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The automobile is an important part of transportation systems. Accurate prediction of sales prospects of different power vehicles can provide an important reference for national scientific decision making, flexible operation of enterprises and rational purchases of consumers. Considering that China has achieved the goal of 20% sales of new energy vehicles ahead of schedule in 2025, in order to accurately judge the competition pattern of new and old kinetic energy vehicles in the future, the automobile market is divided into three types according to power types: traditional fuel vehicles, new energy vehicles and plug-in hybrid vehicles. Based on the monthly sales data of automobiles from March 2016 to March 2023, the prediction effects of multiple models are compared from the perspective of univariate prediction. Secondly, based on the perspective of multivariate prediction, combined with the data of economic, social and technical factors, a multivariate prediction model with high prediction accuracy is selected. On this basis, the sales volume of various power vehicles from April 2023 to December 2025 is predicted. Univariate prediction results show that in 2025, the penetration rates of three types of vehicles will reach 43.8%, 44.4% and 11.8%, respectively, and multivariate prediction results show that the penetration rates will reach 51.0%, 37.9% and 11.1%, respectively.

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Section: Extrasample Prediction Resultsmentioning

confidence: 99%

Prediction of China Automobile Market Evolution Based on Univariate and Multivariate Perspectives

Dai,

Fang,

Wang

et al. 2023

Systems

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“…There will be 27,81,69,631 conventional cars and 13,34,381 EVs on Indian roads by 2022. The e-Vahan portal is managed by the Ministry of Road Transport and Highways and contains detailed information on EV sales in India and worldwide [3,4]. The social, environmental, and economic potential gains from EVs are shown in Figure 2.…”

Section: Introductionmentioning

confidence: 99%

A Critical Analysis of Quadratic Boost Based High-Gain Converters for Electric Vehicle Applications: A Review

Kumar,

Panda,

Naayagi

et al. 2024

Sensors

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Conventional DC-DC boost converters have played a vital role in electric vehicle (EVs) powertrains by enabling the necessary voltage to increase to meet the needs of electric motors. However, recent developments in high-gain converters have introduced new possibilities with enhanced voltage amplification capabilities and efficiency. This study discusses and evaluates the state-of-the-art high-gain DC-DC converters for EV applications based on the Quadratic Boost Converter (QBC). Research into innovative topologies has increased in response to the increasing demand for efficient and high-performance power electronic converters in the rapidly expanding EV industry. Due to its ability to provide more significant voltage gains than conventional boost converters, the QBC has become a viable option for meeting the unique requirements of EV power systems. This survey focuses on the efficiency, power density, and overall performance parameters of QBC-based high-gain converters. The literature review provides a foundation for comprehending power electronics converters’ trends, challenges, and opportunities. The acquired knowledge can enhance the design and optimization of high-gain converters based on the QBC, thereby fostering more sustainable and efficient power systems for the expanding electric mobility industry. In the future, the report suggests that investigating new high-gain converter design methodologies will reduce component stress and enhance the intact system efficiency.

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“…The information was acquired from the e-Vahan portal, which is managed by the Ministry of Road Transport and Highways. Figure 2 presented below offers comprehensive data regarding the sales figures of EVs in India and worldwide [6,7]. Currently, every nation is diligently employing various measures to safeguard the environment.…”

Section: Introductionmentioning

confidence: 99%

“…The information was acquired from the e-Vahan portal, which is managed by the Ministry of Road Transport and Highways. Figure 2 presented below offers comprehensive data regarding the sales figures of EVs in India and worldwide [6,7]. To successfully achieve the future-oriented goal of EV sales, a significant charging infrastructure and significant electric energy generation must be developed.…”

Section: Introductionmentioning

confidence: 99%

Comprehensive Review of Electric Vehicle Technology and Its Impacts: Detailed Investigation of Charging Infrastructure, Power Management, and Control Techniques

et al. 2023

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Electric vehicles (EVs) are universally recognized as an incredibly effective method of lowering gas emissions and dependence on oil for transportation. Electricity, rather than more traditional fuels like gasoline or diesel, is used as the main source of energy to recharge the batteries in EVs. Future oil demand should decline as a result of the predicted rise in the number of EVs on the road. The charging infrastructure is considered as a key element of EV technology where the recent research is mostly focused. A strong charging infrastructure that serves both urban and rural areas, especially those with an unstable or nonexistent electrical supply, is essential in promoting the global adoption of EVs. Followed by different EV structures such as fuel-cell- and battery-integrated EVs, the charging infrastructures are thoroughly reviewed in three modes, specifically—off-grid (standalone), grid-connected, and hybrid modes (capable of both standalone and grid-connected operations). It will be interesting for the readers to understand in detail several energy-source-based charging systems and the usage of charging stations for different power levels. Towards the improvement of the lifetime and efficiency of EVs, charging methods and charging stations in integration with microgrid architectures are thoroughly investigated. EVs are a multi-energy system, which requires effective power management and control to optimize energy utilization. This review article also includes an evaluation of several power management and control strategies followed by the impact assessment of EVs on the utility grid. The findings and the future research directions provided in this review article will be extremely beneficial for EV operators and research engineers.

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Electric Car Market Analysis Using Open Data: Sales, Volatility Assessment, and Forecasting

Cited by 18 publications

References 39 publications

Prediction of China Automobile Market Evolution Based on Univariate and Multivariate Perspectives

Prediction of China Automobile Market Evolution Based on Univariate and Multivariate Perspectives

A Critical Analysis of Quadratic Boost Based High-Gain Converters for Electric Vehicle Applications: A Review

Comprehensive Review of Electric Vehicle Technology and Its Impacts: Detailed Investigation of Charging Infrastructure, Power Management, and Control Techniques

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