Buy Now
$4,123 $4,850
15% off
$4,840 $6,050
20% off
$5,845 $8,350
30% off
Buy now
Premium Report Details
Base Year: 2024
Companies covered: 20
Tables & Figures: 230
Countries covered: 21
Pages: 190
Download Free PDF

Solar Vehicle Market
Get a free sample of this reportGet a free sample of this report Solar Vehicle Market
Is your requirement urgent? Please give us your business email for a speedy delivery!
Solar Vehicle Market Size
The global solar vehicle market was valued at USD 450 million in 2024 and is projected to grow at a CAGR of 12.7% between 2025 and 2034. The adoption of solar vehicles is being driven by government initiatives promoting clean energy and carbon neutrality, as well as investment into ‘green’ infrastructure and renewable energy. There has also been an ecosystem development for solar-powered transportation from the creation of clean mobility corridors, solar charging stations, and zero-emission zones.
The viability of solar vehicles has been furthered with the construction of solar-integrated roadways and smart city projects that allow for continuous energy harvesting and better energy management. Other supporting moves include sustainable urban mobility plans and legally mandated solar energy usage for fleet operators which provide passive adoption incentives while ensuring the solar powered, low-emission, energy efficient transportation solutions vital for future needs are readily available.
In September 2022, the German government provided support for the launch of Sono Motors’ Sion solar electric vehicle aimed at providing affordable, urban-use solar-powered mobility. The project also received support in line with EU climate objectives as part of a plan to encourage decarbonization of the transport sector and the use of renewables in transport infrastructure, thereby demonstrating government support for the promotion of solar vehicles.
The development of the solar vehicle market is primarily attributed to the global movements for adopting sustainable mobility solutions and decarbonization. With the emergence of new solar-powered vehicles, the incorporation of solar power into transportation aspires to hit net zero goals sought out by industries and governments. Solar cars provide a renewable source of energy since it reduces dependency on electricity from the grid as well as fossil fuels. Charging solar powered electric vehicles (EVs) can be done whilst driving, notably during fleet operations, peak conservation fuel periods, and cost reduction in operational expenditure.
The landmark achievement endeavor was in July 2023 when Aptera Motors unveiled its production-intent solar electric vehicle in the U.S., which can travel an additional 40 miles in a day using solar energy. The accomplishment further demonstrates the viability of solar-integrated transportation, particularly for commuters and fleet users as the surge in demand for energy-independent, zero-emission mobility solutions continues.
Solar Vehicle Market Trends
Solar Vehicle Market Analysis
Based on vehicle, the solar vehicle market is divided into passenger vehicles, and commercial vehicles. In 2024, the passenger vehicles segment dominated the market accounting for around 85% share and is expected to grow at a CAGR of over 12.6% during the forecast period.
Based on electric vehicle, the solar vehicle market is segmented into battery electric vehicle and hybrid electric vehicle. In 2024, the battery electric vehicle segment dominates the market with 73% of market share and the segment is expected to grow at a CAGR of over 13% from 2025 to 2034.
Based on battery, the solar vehicle market is segmented into lithium-ion, lead-acid, and lead carbon. Lithium-ion expected to dominate due to their superior energy density, efficiency, and longer lifespan compared to other battery types.
In 2024, China in Asia Pacific dominated the solar vehicle market with around 48% market share and generated around USD 90.9 million.
The solar vehicle market in Germany is expected to experience significant and promising growth from 2025 to 2034.
The solar vehicle market in the U.S. is expected to experience significant and promising growth from 2025 to 2034.
The solar vehicle market in UAE is expected to experience significant and promising growth from 2025 to 2034.
Solar Vehicle Market Share
Solar Vehicle Market Companies
Major players operating in the solar vehicle industry are:
As demand increases for solar vehicles, companies are prioritizing the development of sustainable solar mobility, energy-efficient solar, and range extenders through vehicle-integrated photovoltaics (VIPV). There is a surge in the usage of solar powered solutions in passenger, urban, and commercial transportation. OEMs are implementing fuel-efficient softball materials, modular frameworks for EVs, high-thrust solar cells, and lightweight materials to reduce grid reliance and fuel emissions.
Firms are maximizing energy capture through solar enhanced smart design, aerodynamic streamlining, and AI-based route optimization. These changes include implementing regenerative braking and solar-optimized charging systems. New solar subscription plans, fleet electrification service models, and “solar-assisted” last-mile delivery are being introduced to increase ROI and reduce TCO for environmentally friendly consumers and logistics businesses.
Moreover, wireless solar charging with battery energy storage systems (BESS) integration offers new infrastructure for solar vehicles. The convergence of decentralized solar charging stations, smart parking, and solar rooftops are forms of multi-modal solar ecosystems which strengthen the shift towards decentralized energy. These shifts are making it easier for companies to form strategic partnerships with EV infrastructure providers, solar technology firms and energy utilities to create a comprehensive ‘green mobility-as a service’ (MaaS) framework that aligns transportation with the broader goals of renewable energy sovereignty and decarbonization.
Solar Vehicle Industry News
The solar vehicle market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue ($ Mn/Bn) from 2021 to 2034, for the following segments:
Click here to Buy Section of this Report
Market, By Vehicle
Market, By Electric Vehicle
Market, By Battery
Market, By Solar Panel
The above information is provided for the following regions and countries: