Global Solar Vehicle Market Growth (Status and Outlook) 2023-2029
A solar vehicle is an electric vehicle powered completely or significantly by direct solar energy. Usually, photovoltaic (PV) cells contained in solar panels convert the sun's energy directly into electric energy. The term "solar vehicle" usually implies that solar energy is used to power all or part of a vehicle's propulsion. Solar power may be also used to provide power for communications or controls or other auxiliary functions. Solar vehicles are not sold as practical day-to-day transportation devices at present, but are primarily demonstration vehicles and engineering exercises, often sponsored by government agencies. However, indirectly solar-charged vehicles are widespread and solar boats are available commercially.
According to this study, the global Solar Vehicle market size will reach US$ million by 2029.
This report presents a comprehensive overview, market shares, and growth opportunities of Solar Vehicle market by product type, application, key players and key regions and countries.
Segmentation by product type:
Battery Electric Vehicle (BEV)
Hybrid Electric Vehicle (HEV)
Segmentation by Application:
Passenger Car
Commercial Vehicle
This report also splits the market by region:
United States
China
Europe
Other regions:
Japan
South Korea
Southeast Asia
Rest of world
The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report:
Lightyear
Volkswagen
Toyota
Nissan
Ford
General Motors
Mahindra & Mahindra
Sono Motors
Hanergy Thin Film Power Group
Please note: The report will take approximately 2 business days to prepare and deliver.
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