Solar Vehicle Market is Expected to Reach 107,380 Units by 2030 - Exclusive Report by MarketsandMarkets™
Hence, the lithium-ion battery segment is expected to dominate the market during the forecast period.
- Hence, the lithium-ion battery segment is expected to dominate the market during the forecast period.
- The plug-in hybrid electric vehicle (PHEV) is similar to hybrid electric vehicle (HEV) except PHEV batteries can be charged by plugging to an outlet.
- The PHEV segment is expected to grow at the fastest rate in this market.
- The major players in Solar Vehicle Marketincludes Volkswagen (Germany), Toyota (Japan), Ford (US), Mahindra (India), Nissan (Japan), GM (US), Sono Motors (Germany), Cruise Car (US), and Solar Electric Vehicle Company (US), among others.