The Development Trend of New Energy Electric Vehicles in China

In recent years, new energy electric vehicles have achieved rapid development because of their low pollution, low energy consumption, peak load capacity and other characteristics, and are welcomed by consumers and governments around the world. From the perspective of data analysis, this paper builds LSTM time series model to predict the development trend of new energy electric vehicles in China. The results show that the production and sales volume of new energy electric vehicles will gradually exceed that of traditional energy vehicles, and will become the mainstream mode of transportation in the future, while traditional energy vehicles will gradually decrease.