The Current State and Future Prospects of Different Types of New Energy Vehicles

Abstract

With the advent of the electrification era of passenger cars, the development and trend of new energy vehicles have attracted growing public attention. The focus of this paper is to compare the merits and demerits of different types of new energy vehicles and to look forward to their future development prospects. Based on the sales situation of NEVs in recent years, the proportion of NEVs in the current market and the existing conditions of different types of NEVs, this paper analyzes the current market structure and looks forward to the future development of new energy vehicles. The paper finds that pure electric vehicles and plug-in hybrid vehicles are the two main players in the new energy vehicle market. In the era of automobile electrification, pure electric vehicles have unique comprehensive advantages, which is the development direction of the passenger car industry. Hybrid vehicles are used as an auxiliary for their coordinated development. Hydrogen energy vehicles are currently not as selected by the public as pure electric series and hybrid series, but hydrogen energy is another new energy development direction in addition to electric energy, and there is also much room for its development with the national support. Natural gas fuel vehicles currently have a small market and can also give full play to their advantages in the transition stage of development.