Solar Powered Car Market Report 2026

The solar powered car market size has grown exponentially in recent years. It will grow from $2.58 billion in 2025 to $3.49 billion in 2026 at a compound annual growth rate (CAGR) of 35.1%. The growth in the historic period can be attributed to advancements in photovoltaic technologies, increasing adoption of electric vehicles, growth of sustainability-focused mobility projects, rising fuel cost concerns, early-stage solar vehicle pilot programs.

The solar powered car market size is expected to see exponential growth in the next few years. It will grow to $11.87 billion in 2030 at a compound annual growth rate (CAGR) of 35.8%. The growth in the forecast period can be attributed to increasing investments in clean mobility innovation, rising efficiency of solar cells, expansion of smart energy storage solutions, growing demand for low-emission transportation, increasing government support for renewable vehicles. Major trends in the forecast period include increasing integration of solar panels into vehicle design, rising development of lightweight solar vehicles, growing focus on renewable-powered mobility, expansion of solar-assisted charging technologies, enhanced energy efficiency optimization.

Growing environmental awareness is expected to drive the growth of the solar-powered car market. Environmental awareness refers to understanding the natural environment and making decisions that either protect or harm it. Solar-powered cars produce zero fuel emissions, offering a sustainable and eco-friendly alternative to conventional vehicles. Increasing public consciousness about environmental impact is encouraging the adoption of such technologies. For instance, in July 2023, a survey by the Office for National Statistics, a UK government department, found that 86.5% of adults in Great Britain reported making lifestyle changes to address environmental issues. Therefore, rising environmental awareness is fueling the growth of the solar-powered car market.

Major companies in the solar-powered car market are focusing on innovations such as aerodynamic and energy-efficient designs to maximize solar energy utilization, extend driving range, and reduce overall energy consumption compared with conventional electric vehicles. Aerodynamic and energy-efficient designs minimize air resistance and power loss, allowing solar-powered cars to travel farther on the same battery charge while optimizing energy harvested from integrated solar panels. For instance, in June 2025, Aptera Motors, a US-based solar electric vehicle manufacturer, announced plans to unveil its first fully built solar electric validation vehicle. The vehicle features climate control, infotainment, a vision system, and full solar integration, enabling up to 40 miles per day on solar power alone and a targeted driving range of 400 miles per charge. Aptera’s in-house integration of vehicle computers, solar panels, and charge controllers demonstrates a unified hardware and software architecture that maximizes energy efficiency and real-world usability.

In January 2025, TELO Trucks, a US-based electric vehicle manufacturer, partnered with Aptera Motors to offer integrated solar panel options for the TELO MT1 electric mini-truck. This collaboration allows buyers to select up to three solar-powered enhancements, including rooftop cab panels, tonneau truck bed cover panels, and camper shell panels. Aptera Motors, specializing in solar electric vehicle technology, supplies the solar panels, each generating up to 200 watts with a durable glass-glass configuration, seamlessly integrating with the TELO truck’s systems to extend driving range and reduce reliance on grid charging.

Major companies operating in the solar powered car market report include Sono Motors, Lightyear, Aptera Motors, Solar Electric Vehicle Company, Hanergy Mobile Energy Holding Group, Squad Mobility B.V., Venturi Automobiles, SunSwift Solar Racing, Cruise Car Inc., Mahindra and Mahindra Ltd., Toyota Motor Corporation, Hyundai Motor Company, Fisker Inc., Clenergy TeamArrow, Scaled Composites, Ascent Solar Technologies, Astrolab, EdisonFuture, Nimbus Vehicles, ElectraMeccanica, Zunum Aero, GreenPower Motor Company, Daymak Inc., Solar Team Eindhoven, EVX Ventures.

Europe was the largest region in the solar powered car market in 2025. The regions covered in the solar powered car market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the solar powered car market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The solar powered car market consists of sales of solar power car batteries, motors and so on. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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