Volume 2 , Issue 1 , PP: 50-58, 2023 | Cite this article as | XML | Html | PDF | Full Length Article
Mona Mohamed 1 *
Doi: https://doi.org/10.54216/NIF.020104
Recently, New Energy Vehicle (NEV) consider eco-friendly and become the strategic option for balancing economic, social, and ecological goals. Therefore, this study contributed to construct a dynamic appraisal framework (DAF). Deploying Combined Compromise Solution (CoCoSo) methods and single-valued neutrosophic sets (SNNSs) in DAF to appraise financial risk for seven enterprises based on determined nine criteria. The CoCoSo method is used within the context of the SVN to decide which enterpise is the otimal. In addition, an example case study of financial risk evaluation is explored to highlight the entire execution process of the suggested framework.
New Energy Vehicle , Financial Risk , Combined Compromise Solution (CoCoSo) , MCDM, Single-Valued Neutrosophic Sets.
[1] Q. Yan, M. Zhang, W. Li, and G. Qin, “Risk assessment of new energy vehicle supply chain based on variable weight theory and cloud model: A case study in China,” Sustain., vol. 12, no. 8, 2020, doi: 10.3390/SU12083150.
[2] “China Signs Paris Agreement on Climate Change. Available onlinhttp://english.www.gov.cn/state_council/vice_premiers/2016/04/23/content_281475333331232.htm.”
[3] Z. Chen, K. Zhang, and S. Jia, “Influence factors and risk analysis of new energy vehicles from the perspective of system,” Environ. Sci. Pollut. Res., vol. 28, no. 44, pp. 62891–62906, 2021, doi: 10.1007/s11356-021-15232-3.
[4] X. Wang and C. Jiang, “The Signal Effect of New Energy Vehicles Promotion on Enterprise Innovation,” Complexity, vol. 2021, 2021, doi: 10.1155/2021/9920740.
[5] X. Han, Z. Wei, Z. Hong, and S. Zhao, “Ordered charge control considering the uncertainty of charging load of electric vehicles based on Markov chain,” Renew. Energy, vol. 161, pp. 419–434, 2020.
[6] A. Anwar, M. Siddique, E. Dogan, and A. Sharif, “The moderating role of renewable and non-renewable energy in environment-income nexus for ASEAN countries: Evidence from Method of Moments Quantile Regression,” Renew. Energy, vol. 164, pp. 956–967, 2021.
[7] V. Vita and P. Koumides, “Electric vehicles and distribution networks: Analysis on vehicle to grid and renewable energy sources integration,” in 2019 11th Electrical Engineering Faculty Conference (BulEF), 2019, pp. 1–4.
[8] X. Peng, H.-H. Huang, and Z. Luo, “Fuzzy dynamic MCDM method based on PRSRV for financial risk evaluation of new energy vehicle industry,” Appl. Soft Comput., vol. 136, p. 110115, 2023.
[9] Y. Wu, F. Gu, Y. Ji, J. Guo, and Y. Fan, “Technological capability, eco-innovation performance, and cooperative R&D strategy in new energy vehicle industry: Evidence from listed companies in China,” J. Clean. Prod., vol. 261, p. 121157, 2020.
[10] Y. Xiong and S. Qin, “Differences in the effects of China’s new energy vehicle industry policies on market growth from the perspective of policy mix,” Energy Environ., vol. 32, no. 3, pp. 542–561, 2021.
[11] J. Sun, “Electric vehicle lithium-ion battery recycling in China: scale and policy challenges.” University of British Columbia, 2022.
[12] M. Wu, Z. Li, and J. Fan, “Selection of new energy vehicles using hybrid approach: A case study of China,” J. Intell. Fuzzy Syst., vol. 40, no. 6, pp. 11967–11980, 2021.
[13] X. Ren, S. Sun, and R. Yuan, “A study on selection strategies for battery electric vehicles based on sentiments, analysis, and the MCDM model,” Math. Probl. Eng., vol. 2021, 2021, doi: 10.1155/2021/9984343.
[14] Y. Liu, L. Li, Y. Tu, and Y. Mei, “Fuzzy TOPSIS-EW method with multi-granularity linguistic assessment information for emergency logistics performance evaluation,” Symmetry (Basel)., vol. 12, no. 8, p. 1331, 2020.
[15] M. Kumar, L. Misra, and G. Shekhar, “A survey in fuzzy logic: an introduction,” Int. J. Sci. Res. Dev, vol. 3, no. 6, pp. 822–824, 2015.
[16] R. Wang, X. Li, and C. Li, “Optimal selection of sustainable battery supplier for battery swapping station based on Triangular fuzzy entropy-MULTIMOORA method,” J. Energy Storage, vol. 34, p. 102013, 2021.
[17] M. Abdel-Basset, W. Ding, R. Mohamed, and N. Metawa, “An integrated plithogenic MCDM approach for financial performance evaluation of manufacturing industries,” Risk Manag., vol. 22, no. 3, pp. 192–218, 2020, doi: 10.1057/s41283-020-00061-4.
[18] P. Rani and A. R. Mishra, “Novel single-valued neutrosophic combined compromise solution approach for sustainable waste electrical and electronics equipment recycling partner selection,” IEEE Trans. Eng. Manag., vol. 69, no. 6, pp. 3139–3153, 2020.
[19] P. Rani, J. Ali, R. Krishankumar, A. R. Mishra, F. Cavallaro, and K. S. Ravichandran, “An integrated single-valued neutrosophic combined compromise solution methodology for renewable energy resource selection problem,” Energies, vol. 14, no. 15, p. 4594, 2021.