Technology, Policy, and Consumer Trends Power Growth in Solar...

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2025-05-20 07:40:01 -

Technology, Policy, and Consumer Trends Power Growth in Solar Vehicle Market

The global Solar Vehicle Market, valued at USD 317.6 million in 2023, is expected to reach USD 1,838.2 million by 2031, growing at a robust CAGR of 24.95% from 2024 to 2031. This growth is driven by increasing demand for sustainable transportation solutions, advancements in solar technology, and government initiatives promoting renewable energy and electric vehicles. The global solar vehicle...

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