Purpose – According to the nature and source of alternative energy, types of new energy vehicle include hybrid electric vehicle, pure electric vehicle, fuel cell vehicles, natural gas vehicle, coal‐to‐alcohol vehicle, bio‐fuel vehicle, clean diesel vehicle and so on. At present, all kinds of new energy vehicle are flourishing, but in the near future it is not sure what kind of new energy vehicle that national policies will support, so the risk of new energy vehicle project is large. This paper aims to address this issue. Design/methodology/approach – Grey target decision‐making mainly was used in the choice of programs. First, the decision‐making matrix and the index weight are determined after establishing the decision‐making index system; then the positive clout and the negative clout are determined; the distance to the positive clout and the negative clout for every decision‐making program are calculated; finally, the composite distance to clout is obtained and programs sorted in light of the size of composite distance to target centre. Findings – This paper analyzed the operating conditions of new energy vehicle in Zhengzhou and Xinxiang; and then elaborated the modelling steps of weighted grey target decision with both the positive clout and the negative clout, and used in recent decision‐making the new energy vehicle in Henan Province. It not only makes more comprehensive and rational decision‐making, but also extends the application of the grey target decision model in practice. Practical implications – In the recent two years of formulating national and local relevant preferential policies, the enthusiasm of enterprises to participate and the level of consumer awareness are further improved; as an international trend, the development of a new energy vehicle is inevitable. Social implications – It helps to make scientific decision‐making. The study proposes a theoretical guidance to carry out the new energy vehicle project in Henan Province. Originality/value – This paper elaborates the modelling steps of weighted grey target decision‐making based on positive clout and negative clout, and established the model of grey target decision‐making according to the selected index; finally, it analyzes the recent development route of a new energy vehicle in Henan Province and puts forward some suggestions.
Grey Systems: Theory and Application – Emerald Publishing
Published: Oct 26, 2012
Keywords: New energy vehicle; Grey target decision‐making; Distance to target centre; Electric vehicle; Electric machines; Road vehicles; Energy management
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