Frontiers in Physics (Sep 2022)

The study of new energy vehicle choice in China from the perspective of complex neural network

  • Hui Liu,
  • Hui Liu,
  • Lei Feng,
  • Lei Feng

DOI
https://doi.org/10.3389/fphy.2022.1015103
Journal volume & issue
Vol. 10

Abstract

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China has become the world’s largest market for the production and sales of new energy vehicles. In the Internet era, online review data is becoming more and more important, and it is a great challenge for new energy vehicle manufacturers and consumers to quickly obtain and find out the effective information in the review data. In view of the above understanding, this study uses the Bert-wwm-ext model structure, data mining, and deep learning to study the new energy vehicle selection, and also analyzes the positioning of domestic and foreign new energy vehicle brands and their brand development from the perspective of complex networks. The research results found that: 1) Consumers pay more and more attention to the quality of new energy vehicles. 2) The comparative analysis of BEV and PHEV reveals that consumers’ evaluation of both types of vehicles is roughly comparable, but the difference in satisfaction with the endurance of both types of vehicles is very obvious. 3) Most of the brands of new energy vehicles are concentrated in the price range of RMB80,000 to RMB350,000, and within this range, consumers’ evaluation is positively correlated with the price of the vehicle. Among the new energy vehicle brands over RMB350,000, consumer evaluation does not rise with the price of the vehicle. 4) The head effect of Chinese brands is significant, Foreign brands have formed strong brands with high brand premiums.

Keywords