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Solar Vehicle Market - Top Companies and Manufacturers

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Report ID: 3574
Published Date: Aug 26, 2024
Report Format: PDF, PPT

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Companies Dominating the Solar Vehicle Landscape

Toyota Motor Corporation
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
Ford Motor Company
Bridgestone Corporation
Volkswagen AG
Panasonic Corporation
ZF Friedrichshafen AG
AB Volvo
Schaeffler AG
Continental AG
Sono Motors GmbH

Browse Key Market Insights with Data Illustration:

Solar Vehicle Market Size & Share, Growth Report 2036

In the News

May 2021- Sono Motors and MAN Trucks announced a partnership for analyzing the technical and economic feasibility of integrating Sono Solar technology into MAN’s eTGE electric transporter.
April 2021- Bridgestone Corporation partnered with Lightyear, a Netherlands based startup, for providing specially developed tires for their upcoming Lightyear One solar car.

Author Credits: Dhruv Bhatia

Report ID: 3574
Published Date: Aug 26, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of solar vehicle is estimated at USD 508.89 million.

Solar Vehicle Market size was valued at USD 434.5 million in 2023 and is likely to reach USD 5.41 billion by 2036, registering around 21.4% CAGR during the forecast period i.e., between 2024-2036. The market growth is driven by rising concerns about environmental pollution and increasing investments in research and development activities by OEMs for developing zero-emission vehicles.

Asia Pacific industry is predicted to account for largest revenue share by 2036, backed by increasing installation ofÂ electric vehicle charging stations, and largescale production of electric vehicles in China.

The major players in the market are Toyota Motor Corporation, Ford Motor Company, Daimler AG, Volkswagen AG, Panasonic Corporation, and others.

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