The widespread adoption of electric vehicles has increased the demand for more advanced and efficient charging systems to be installed in them in order to address the issue of fast discharging of electric vehicles during operations. The lack of sufficient infrastructure for charging vehicles over longer distances has prepared the door for the installation of solar panels in vehicles, which has aided the growth of the solar vehicle market.
The widespread adoption of electric vehicles has increased the demand for more advanced and efficient charging systems to be installed in them in order to address the issue of fast discharging of electric vehicles during operations. The lack of sufficient infrastructure for charging vehicles over longer distances has prepared the door for the installation of solar panels in vehicles, which has aided the growth of the solar vehicle market.
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Solar Vehicle Market: Global Industry Analysis and Forecast (2023-2029)
Solar Vehicle Market size was valued at US$ 238.22 Mn. in 2022 and the total revenue is expected to grow at 7.8 % through 2022 to 2029.
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