Vehicles often move forward in groups on the highways, especially when speed and density are high simultaneously. Abnormal maneuvers of a vehicle in a group influence multiple vehicles surrounding it, potentially leading to traffic accidents. We propose an approach to identify vehicle groups and analyse the factors influencing their evolutions using vehicle trajectory data. The proposed approach quantifies the interactions between neighboring vehicles based on the potential energy field, represents the interactive relationships among multiple vehicles using a multi-vehicle interaction network, and adopts the process of sub-network segmentation to identify vehicle groups. A random-parameter logistic regression (RPLG) model is developed to examine the influence of vehicle group features on vehicle group split. The effectiveness of the proposed approach is demonstrated in a case study using a real-world dataset. The case study reveals that: (1) the interaction strengths between vehicles tend to increase with increasing speed, (2) the interaction strength between a vehicle and its preceding vehicle is the largest, while the interaction strengths between a vehicle and its vehicles on its sides are the lowest, and (3) higher longitudinal and lateral speeds, larger fluctuations in longitudinal speeds and accelerations, larger group size, larger distances between vehicles, more lanes occupied by a vehicle group, and higher vehicle interactions significantly increase the probability of vehicle group split. The findings of this study can potentially support the traffic management and development of autonomous driving technology in connected vehicle environments.