New Energy Vehicles from the Perspective of Market and Environment

Abstract

New energy vehicles have received extensive attention from consumers in today's society. In recent years, the strong rise of pure electric vehicles and hybrid vehicles has brought considerable changes to the entire automotive market. This research mainly focuses on the theme of new energy vehicles and explores the competitive advantages and challenges of new energy vehicles for traditional vehicles from both market and environmental perspectives. This research adopts the method of secondary research, collects data and information from websites, books, journals and academic papers, uses quantitative analysis to analyze the sales and share of new energy vehicles in the global and Chinese markets, and explores the impact of new energy vehicles on the traditional Challenges and impacts of automotive-related industries, exploring the impact of new energy vehicles on the environment and energy, and our results shows that the competitive advantages of new energy vehicles mainly lie in: energy saving and environmental protection, government policy support, and future trends.

The Risk-Return Trade-Off of US Renewable Energy Sector

“…After 2009, the Chinese and American governments invested in energy development, including new energy such as wind, hydro, and solar energy, and crude oil became irreplaceable [4]. In 2014, China emphasized an inspection in Shanghai, which showcased the development of new energy vehicles [5]. Unlike traditional vehicles, new energy vehicles use electricity as their source of energy, and their combustion emits gases that do not harm the environment.…”

“…Unlike traditional vehicles, new energy vehicles use electricity as their source of energy, and their combustion emits gases that do not harm the environment. Analysis of some new energy vehicle companies revealed that overall sales began to grow significantly from 2016 [5].…”

Research on the Adaptive PID Speed Control Method for Hub Motors

“…e variation of the input error e c , the linguistic variables are taken as E C , the fuzzy domain is bigger negative, smaller negative, zero, smaller positive, and bigger positive (abbreviated as {NB, NS, ZE, PS, PB}), the basic domain is [−60, 60], the discrete domain is taken as [−3, 3], and the quantization factor is taken as 1/20. e output quantity step s, the linguistic variables are taken as S. e fuzzy domains are small, relatively small, medium, relatively big, and big (abbreviated as {S, RS, M, RB, B}), the basic domain is [10,50], and the discrete domain is [1,5]. e quantization factor is 1/10.…”

“…As environmental problems become increasingly serious, new energy vehicles powered by electricity are gradually taking over the market [1,2].…”

Harnessing Regression Analysis and Machine Learning to Unveil the Market Dynamics and Environmental Impact of New Energy Vehicles

“…Concurrently, the US Department of Energy [2] highlights the environmental advantages of electric vehicles and their role in diminishing reliance on fossil fuels. Hasan and Islam [3] provide an in-depth analysis of NEVs from both market and environmental standpoints, examining market trends and environmental impacts. While prior studies have explored the market potential and environmental benefits of NEVs, this investigation employs sophisticated analytical methods, such as ridge regression and K-nearest neighbors (KNN), to furnish a more comprehensive outlook.…”