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Solar Vehicle Market Overview, Size, Industry Share, Growth, Trends and Forecast – Business


iCrowdNewswire   Mar 2, 2021  9:30 AM ET
According to the latest report by IMARC Group, titled “Solar Vehicle Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” the global
 solar vehicle market size is currently witnessing robust growth. Solar vehicles refer to electric automobiles that are powered by solar energy. They comprise solar panels, made up of numerous photovoltaic (PV) cells, that are mounted on the roof or exterior of the vehicle. The panels utilize sunlight to produce electricity, which is stored in surplus amounts to be further utilized for charging the batteries present in the vehicles. This aids the automobiles to function smoothly, even in the absence of direct sunlight. They do not require fuel to run, which significantly reduces the overall cost associated with their usage while lowering the maintenance charges. ....

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