LAUSR.org creates dashboard-style pages of related content for over 1.5 million academic articles. Sign Up to like articles & get recommendations!

CRITIC Method and Grey System Theory in the Study of Global Electric Cars

Photo from wikipedia

Science and technology development is a crucial for the elimination of air pollutants. The electric car industry, for example, contributes to minimizing emissions and climate change. The purpose of this… Click to show full abstract

Science and technology development is a crucial for the elimination of air pollutants. The electric car industry, for example, contributes to minimizing emissions and climate change. The purpose of this study is to present an overview of electric car sales and its market share in 14 countries, from past to future, by integrating important criteria through the inter-criteria correlation (CRITIC) method in multi-criteria decision-making (MCDM), grey model first-order one variables (GM(1,1)), and grey relation analysis (GRA) method in grey system theory. First, the GM(1,1) estimates future terms based on historical time-series. Second, the objective weights of each variable, in every year, are determined by the CRITIC method. Finally, the research uses the GRA method for computing grades and ranks. The empirical result then reveals the performance and rank of electric car sales during the time period of 2016–2023. The analysis results thus reveal market share picture and direction of growth in the electric car industry.

Keywords: grey system; method; method grey; electric car; critic method

Journal Title: World Electric Vehicle Journal
Year Published: 2020

Link to full text (if available)


Share on Social Media:                               Sign Up to like & get
recommendations!

Related content

More Information              News              Social Media              Video              Recommended



                Click one of the above tabs to view related content.