Electric Vehicle Market Prediction based on Improved Competitive Lotka-Volterra Systems

Kechen Wang¹, Ziyin Xu²

1School of Energy and Power Engineering, Jiangsu University, Zhenjiang, 212000, China;

2Faculty of Science, Jiangsu University, Zhenjiang, 212000, China

Abstract: Unlike the classical economic model, we analyze the vehicle market under an improved competi-tive Lotka-Volterra system, dispensing with the assumption of market equilibrium. The dynamic population of internal combustion engine vehicles (ICEV), battery electric vehicles (BEV) and plug-in hybrid electric vehicles (PHEV) are supposed to perform in a similar manner to species competing for a shared limited re-ｓｏｕｒｃｅ. Different conditions are taken into account, such as soaring electricity bills and policies against ICEVs.

Keywords: Electric Vehicle; Lotka-Volterra System; Eco-competition Model