Artificial intelligence and machine learning-based decision support system for forecasting electric vehicles' power requirement

Article


Jauhar, S., Sethi, S., Kamble, S., Mathew, S. and Belhadi, A. 2024. Artificial intelligence and machine learning-based decision support system for forecasting electric vehicles' power requirement. Technological Forecasting and Social Change. 204. https://doi.org/10.1016/j.techfore.2024.123396
TypeArticle
TitleArtificial intelligence and machine learning-based decision support system for forecasting electric vehicles' power requirement
AuthorsJauhar, S., Sethi, S., Kamble, S., Mathew, S. and Belhadi, A.
Abstract

Increasing pollution is causing adverse environmental effects, leading to increased interest in combating this issue. There has been a significant interest in minimizing the pollution caused by combustion engine vehicles, with high research and development investments in hybrid and electric vehicle (EV) batteries. The innovations in EVs have a high potential to contribute to an optimized transportation sector while also playing a crucial role in reducing greenhouse gas emissions. This study contributes to the EV industry by precisely predicting the power demand at a particular charging station and identifying the optimal charging station characteristics. We proposed a modified business process based on digital technologies to maximize customer engagement and operational efficiency. Our research has incorporated technologies like artificial intelligence (AI) and machine learning (ML). This study addresses the issues of EV infrastructure facilities, the issues raised by the lack of service features for EVs, and the optimal power requirement for charging stations. The proposed framework has managerial and technological implications, suggesting that the system must promptly receive, store, and analyze substantial volumes of data and demonstrate adaptability in response to environmental factors, such as the availability of EVs and the utilization of renewable energy sources. Despite the challenges, there is potential promise in developing decision assistance systems for electric vehicle power demands based on AI and ML.

KeywordsArtificial intelligence (AI); Machine learning (ML); Electric vehicles (EV); Demand forecasting; Technological implications
Sustainable Development Goals9 Industry, innovation and infrastructure
Middlesex University ThemeCreativity, Culture & Enterprise
PublisherElsevier
JournalTechnological Forecasting and Social Change
ISSN0040-1625
Electronic1873-5509
Publication dates
Online26 Apr 2024
PrintJul 2024
Publication process dates
Submitted26 Jan 2023
Accepted06 Apr 2024
Deposited13 Jan 2025
Output statusPublished
Publisher's version
License
File Access Level
Open
Copyright Statement

© 2024 The Authors. Published by Elsevier Inc. This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0/).

Digital Object Identifier (DOI)https://doi.org/10.1016/j.techfore.2024.123396
Web of Science identifierWOS:001234954300001
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License: CC BY 4.0
File access level: Open

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