Selection of new energy vehicles using hybrid approach: A case study of China

Author:

Wu Meiqin1,Li Zhuoyu1,Fan Jianping1

Affiliation:

1. School of Economics and Management, Shanxi University, Taiyuan, Shanxi Province, China

Abstract

With resource shortage and environmental pollution becoming more and more serious, the development of new energy vehicles (NEVs) plays an important role. In this paper, the hybrid method of best-worst method (BWM), Multi-Objective Optimization by Ratio Analysis plus Full Multiplicative Form (MULTIMOORA), and Evaluation based on Distance from Average Solution (EDAS) is used to evaluate new energy vehicles (NEVs) and select the best new energy vehicle. BWM method is used to obtain the subjective preference weight, MULTIMOORA method is used to integrate the objective data with the subjective weight to evaluate new energy vehicles, and the final ranking of alternatives is obtained by the EDAS method. The paper collect the data of 22 representative new energy vehicle types in China, the validity and feasibility of the method is verified.

Publisher

IOS Press

Subject

Artificial Intelligence,General Engineering,Statistics and Probability

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