Solar Vehicle Market Size, Trends, Growth, Forecast 2021-26

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Newstrail

According to the latest report by IMARC Group, titled “Solar Vehicle Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the market reached a value of US$ 185 Million in 2020. The global solar vehicle market report to grow at a CAGR of around 35% during the forecast period (2021-2026). 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 store…

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