New Energy Vehicle Market Development Prospects and Sales Short-Term Forecast

Junyang Zhou

2025

Abstract

With the increasing global focus on sustainable energy and reducing greenhouse gas emissions, the new energy vehicle market is developing rapidly. Technological innovation, government policy support, and increased consumer awareness of environmental protection and cost-effectiveness have contributed to the growth of NEV sales. Based on the monthly sales data for 2023 and 2024 provided by the China Association of Automobile Manufacturers, this paper conducts linear regression analysis and seasonal time series analysis to predict the sales trend in the coming months. The study found that the new energy vehicle market shows strong growth potential, although there is a little fluctuation, but it is expected that sales will continue to rise in the short term, the overall increase over last year, the end of the year is predicted to reach nearly two million. However, market participants should pay close attention to industry dynamics and changes in the external environment to adapt to any market volatility that may arise. With technological advances and intensified global efforts to reduce emissions, the new energy vehicle market is expected to achieve significant growth in the coming years.

Paper Citation

in Harvard Style

Zhou J. (2025). New Energy Vehicle Market Development Prospects and Sales Short-Term Forecast. In Proceedings of the 2nd International Conference on Innovations in Applied Mathematics, Physics, and Astronomy - Volume 1: IAMPA; ISBN 978-989-758-774-0, SciTePress, pages 77-82. DOI: 10.5220/0013814300004708

in Bibtex Style

@conference{iampa25,
author={Junyang Zhou},
title={New Energy Vehicle Market Development Prospects and Sales Short-Term Forecast},
booktitle={Proceedings of the 2nd International Conference on Innovations in Applied Mathematics, Physics, and Astronomy - Volume 1: IAMPA},
year={2025},
pages={77-82},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0013814300004708},
isbn={978-989-758-774-0},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 2nd International Conference on Innovations in Applied Mathematics, Physics, and Astronomy - Volume 1: IAMPA
TI - New Energy Vehicle Market Development Prospects and Sales Short-Term Forecast
SN - 978-989-758-774-0
AU - Zhou J.
PY - 2025
SP - 77
EP - 82
DO - 10.5220/0013814300004708
PB - SciTePress