Solar Vehicle Market Size and Share

Solar Vehicle Market Summary
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Solar Vehicle Market Analysis by Mordor Intelligence

The solar vehicle market generated USD 0.62 billion in 2025 and is on track to reach USD 2.41 billion by 2030, advancing at a 31.20% CAGR and underscoring the rapid transition from experimental prototypes to early-stage commercial fleets. Declining photovoltaic (PV) costs, now below prevailing grid electricity prices in major electric-vehicle regions, combine with emerging solid-state batteries to make vehicle-integrated solar systems economically viable. Early adopters gain from zero-emission fleet mandates such as the EU Fit-For-55 package and California’s Advanced Clean Trucks regulation, underpinning reliable order pipelines for OEMs. Competitive intensity rises as legacy automakers accelerate solar-roof programs while specialists refine lightweight chassis that maximize surface area for PV skins. Demand also reflects rising interest in bidirectional vehicle-to-grid models that transform cars and trucks into mobile power assets during peak electricity demand.

Key Report Takeaways

  • By vehicle type, passenger cars led with 98.78% of the solar vehicle market share in 2024, while commercial vehicles are forecast to post the fastest CAGR at 55.39% through 2030.
  • By electric-drivetrain type, hybrid electric vehicles dominated with 99.38% of the solar vehicle market share in 2024; battery electric vehicles are projected to expand at a 60.83% CAGR to 2030.
  • By battery chemistry, lithium-ion packs accounted for 87.23% of the solar vehicle market in 2024, whereas solid-state lithium-metal batteries are expected to grow at a 60.34% CAGR to 2030.
  • By solar-panel technology, polycrystalline silicon captured 99.11% of the solar vehicle market size in 2024 deployments, while thin-film perovskite solutions are advancing at a 62.78% CAGR to 2030.
  • By charging architecture, solar-plus-plug-in hybrids held 82.13% of the solar vehicle market share in 2024, with on-board solar-only systems set to rise at 58.92% CAGR to 2030.
  • By geography, Asia-Pacific commanded 56.79% of the 2024 solar vehicle market share and is forecast to register the highest regional CAGR of 38.25% to 2030.

Segment Analysis

By Vehicle Type: Commercial Fleets Drive Adoption

Passenger cars commanded 98.78% of the solar vehicle market share in 2024, while commercial vehicles demonstrate the fastest growth trajectory at 55.39% CAGR (2025–2030), reflecting the superior economics of solar integration in fleet applications. Large roof surfaces on trucks, buses, and delivery vehicles enable more extensive photovoltaic installations that generate meaningful energy contributions. At the same time, predictable route patterns allow fleet operators to optimize solar charging strategies. Passenger cars benefit from premium positioning and energy-autonomous branding, particularly in luxury segments where consumers value environmental differentiation over pure economic returns.

The commercial vehicle momentum builds on fleet operators' focus on total cost of ownership optimization and regulatory compliance with zero-emission mandates. Flixbus's deployment of solar panels on intercity coaches demonstrates how commercial operators leverage solar technology to reduce fuel costs and extend electric range on long-distance routes. Fleet applications also benefit from centralized maintenance capabilities and professional drivers who can optimize solar charging through route planning and parking strategies. The commercial segment's growth trajectory suggests that fleet adoption will drive manufacturing scale and cost reductions that eventually benefit passenger car applications.

Solar Vehicle Market: Market Share by Vehicle Type
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By Electric-Drivetrain Type: HEV Dominance Shifts to BEV

Hybrid electric vehicles captured 99.38% of the solar vehicle market share in 2024 as manufacturers initially integrated solar systems into existing hybrid platforms to minimize development complexity and regulatory risk. However, battery electric vehicles accelerate at 60.83% CAGR (2025-2030) as solid-state battery technology enables more efficient solar energy storage and utilization. Toyota's roadmap for solid-state batteries, expected to launch within four years, promises to double electric range while reducing costs by 20-40%, creating compelling platforms for solar integration. Plug-in hybrid electric vehicles occupy a middle position, offering flexibility for consumers transitioning from conventional powertrains while incorporating solar charging capabilities.

The shift toward battery electric vehicles reflects improving energy storage efficiency and declining battery costs that make pure electric powertrains more viable for solar applications. Stellantis's partnership with CEA on next-generation battery cell technology demonstrates how manufacturers pursue advanced chemistry solutions that optimize solar energy utilization. The transition also benefits from expanding charging infrastructure that reduces range anxiety and enables solar vehicles to supplement rather than replace grid charging. As battery energy density improves and costs decline, pure electric platforms become increasingly attractive for solar integration due to their simplified powertrains and optimized energy management systems.

By Battery Chemistry: Solid-State Breakthrough Pending

Lithium-ion chemistry maintains 87.23% of the solar vehicle market share in 2024 through established manufacturing infrastructure and proven performance in automotive applications, while solid-state lithium-metal technology surges at 60.34% CAGR as manufacturers pursue next-generation energy storage solutions. Solid-state batteries offer superior energy density and safety characteristics, enabling lighter vehicle designs and more efficient solar energy utilization. However, commercial deployment remains limited by manufacturing complexity and cost considerations. Lead acid chemistry persists in niche applications where cost sensitivity outweighs performance requirements, particularly in commercial vehicles with auxiliary power systems.

The solid-state transition represents a fundamental shift in battery architecture that could unlock solar vehicle potential through improved energy storage efficiency and reduced weight penalties. Lithium-ion systems require thermal management and safety systems that add complexity and weight to solar vehicle designs, while solid-state alternatives promise simplified architectures and enhanced performance. However, manufacturing scale-up challenges and material cost considerations limit solid-state deployment, creating opportunities for manufacturers who successfully navigate the technology transition. The evolution of chemistry also influences solar panel selection, as solid-state batteries can accommodate wider voltage ranges and more variable charging patterns that optimize photovoltaic energy capture.

By Solar-Panel Technology: Perovskite Emergence Accelerates

Polycrystalline silicon technology dominates with 99.11% of the solar vehicle market share in 2024 due to manufacturing maturity and cost advantages. However, thin-film perovskite solutions demonstrate exceptional growth at 62.78% CAGR as efficiency improvements and manufacturing innovations address historical limitations. Perovskite tandem cells achieve laboratory efficiencies exceeding 30% and offer superior performance in low-light conditions that benefit vehicle applications, though durability concerns and material scarcity issues constrain commercial deployment. Monocrystalline silicon maintains a premium position in applications requiring maximum efficiency, while thin-film CIGS technology serves specialized applications where flexibility and weight considerations outweigh efficiency requirements.

The technology transition reflects ongoing research investments and manufacturing innovations that address perovskite's historical weaknesses in stability and scalability. Recent breakthroughs in encapsulation techniques and material formulations suggest that perovskite technology could achieve commercial viability within the forecast period, potentially disrupting established silicon-based supply chains. However, critical material scarcity for indium and other rare elements creates supply chain risks that could limit perovskite adoption despite superior performance characteristics. The evolution of technology also influences vehicle design strategies, as different photovoltaic technologies require varying integration approaches and structural accommodations.

Solar Vehicle Market: Market Share by Solar Panel Technology
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By Charging Architecture: Hybrid Systems Optimize Flexibility

Solar plus plug-in hybrid charging configurations captured 82.13% of the solar vehicle market share in 2024 as consumers and fleet operators prioritize charging flexibility and range assurance over pure solar dependence. Onboard solar-only systems accelerate at a 58.92% CAGR as technology improvements and cost reductions make grid-independent operation more viable for specific applications and geographic regions. The hybrid approach enables vehicles to optimize energy sources based on weather conditions, driving patterns, and electricity pricing. At the same time, pure solar systems appeal to users seeking maximum energy independence and environmental benefits.

Aptera's production-intent solar electric vehicle, advancing toward market readiness in 2025, demonstrates the potential for solar-only architectures in specialized applications where aerodynamic efficiency and lightweight design enable extended solar range. The evolution of charging architecture reflects the improvement of photovoltaic efficiency and battery technology, which gradually expands the feasible operating envelope for solar-only vehicles. However, seasonal irradiation variability and weather dependence favor hybrid systems with backup charging capabilities. The choice of architecture also influences vehicle design and cost structures, as pure solar systems require larger photovoltaic installations and more sophisticated energy management systems to ensure reliable operation.

Geography Analysis

Asia-Pacific accounted for the largest regional slice of the solar vehicle market, reaching 56.79% of the solar vehicle market in 2024 on the back of China’s 90% global PV module output and Japan’s deep R&D bench in high-efficiency cells. Government programs such as China’s “Made in China 2025” and Japan’s NEDO grants fuel local component sourcing advantages that compress bill-of-materials costs. BYD’s cross-border push into Japan illustrates China’s intent to extend manufacturing scale benefits into premium export markets. Toyota and Sharp co-develop tandem cells that maintain domestic competitive parity.  

North America traced the second-fastest growth path due to California’s zero-emission mandates and the Inflation Reduction Act’s production tax credits for domestically manufactured solar cells. Pickup trucks and SUVs dominate the region’s vehicle mix, presenting expansive roof real estate for PV arrays. Rivian is piloting community solar programs that feed excess electricity into chargers at its Illinois plant, illustrating potential factory-to-fleet circularity.  

Europe offers a mosaic of national incentives underpinned by the EU-wide Fit-For-55 targets. While regulatory certainty exists at the bloc level, divergent VAT breaks and infrastructure density create a patchwork demand profile. Lightyear’s pivot to supplying embedded PV kits after securing EUR 10 million in 2024 demonstrates the capital intensity of full-vehicle production and Europe’s openness to modular supply-chain roles. Germany’s Opes Solar Mobility facility partially derisks EU exposure to Asian module suppliers and supports OEM localization strategies to reduce geopolitical import dependencies.

Solar Vehicle Market CAGR (%), Growth Rate by Region
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Competitive Landscape

Market concentration remains low. Traditional automakers leverage manufacturing scale and dealer networks, yet newcomers specialize in thin-film adhesion, ultra-light materials, or aerodynamic designs that legacy firms cannot replicate quickly. Toyota integrates Sharp’s triple-junction cells into the forthcoming bZ7 sedan, aiming at early 2026 availability. Mercedes-Benz unveiled solar paint trials that convert the entire body shell into a generation surface, transforming brand perception and opening aftermarket service lines.  

Start-ups pursue lean asset strategies. Aptera outsources battery packs to CTNS, focusing internal resources on composite monocoque manufacturing for weight savings. After insolvency threats, Sono Motors shifted toward licensing its proprietary solar body panels to vans and buses instead of maintaining a full vehicle program. Partnerships between cell specialists and automotive OEMs proliferate; Stellantis pairs with CEA to co-develop solid-state packs poised to integrate seamlessly with roof-mounted PV, shortening time-to-market for next-generation architectures.  

Chinese suppliers, buoyed by domestic incentives and scale, enter the competitive arena with aggressive pricing. SAIC units source PV cells directly from vertically integrated module lines, enabling margin protection during lithium-price volatility. As preferences tilt toward regionalized supply chains, European and North American OEMs intensify local sourcing, giving fledgling domestic cell makers room to ramp and slightly diluting Chinese share within the solar vehicle market.

Solar Vehicle Industry Leaders

  1. Ford Motor Company

  2. Toyota Motor Corporation

  3. Lightyear Technologies B.V.

  4. Aptera Motors Corp.

  5. SONO MOTORS GmbH

  6. *Disclaimer: Major Players sorted in no particular order
Solar Vehicle Market
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Recent Industry Developments

  • June 2025: Swap Robotics received an undisclosed investment from Silicon Ranch to expand solar robotic operations and product development. The company will focus on utility-scale solar construction and maintenance technologies that could influence vehicle-integrated photovoltaic manufacturing processes.
  • January 2025: Aptera announced progress toward market readiness with its production-intent solar electric vehicle, demonstrating advancements in solar-only vehicle architectures and specialized aerodynamic design for extended solar range.

Table of Contents for Solar Vehicle Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Declining solar-PV LCOE below grid electricity in major EV markets
    • 4.2.2 Government zero-emission fleet mandates (EU Fit-For-55, California ACT, etc.)
    • 4.2.3 Emerging bidirectional V2G revenue models for fleet owners (under-reported)
    • 4.2.4 Battery-to-wheel efficiency gains from integrated PV skins
    • 4.2.5 Premium-segment OEM branding advantages from “energy-autonomous” badges
    • 4.2.6 Solid-state battery breakthroughs enabling ultra-light solar chassis (under-reported)
  • 4.3 Market Restraints
    • 4.3.1 High capital cost of PV-embedded body panels
    • 4.3.2 Lack of unified homologation standards for road-legal PV roofs
    • 4.3.3 Limited Recycling Infrastructure for Composite PV-Integrated Materials
    • 4.3.4 Intermittent Power Output Complicating Standardized Charging Integration
  • 4.4 Regulatory Landscape
  • 4.5 Technological Outlook
  • 4.6 Porter’s Five Forces
    • 4.6.1 Threat of New Entrants
    • 4.6.2 Bargaining Power of Buyers/Consumers
    • 4.6.3 Bargaining Power of Suppliers
    • 4.6.4 Threat of Substitute Products
    • 4.6.5 Intensity of Competitive Rivalry

5. Market Size and Growth Forecasts (Value (USD))

  • 5.1 Vehicle Type
    • 5.1.1 Passenger Cars
    • 5.1.2 Commercial Vehicles
  • 5.2 Electric-Drivetrain Type
    • 5.2.1 Battery Electric Vehicle (BEV)
    • 5.2.2 Hybrid Electric Vehicle (HEV)
    • 5.2.3 Plug-in Hybrid Electric Vehicle (PHEV)
  • 5.3 Battery Chemistry
    • 5.3.1 Lithium-ion (NMC/LFP)
    • 5.3.2 Solid-state Lithium-metal
    • 5.3.3 Lead Acid
  • 5.4 Solar-Panel Technology
    • 5.4.1 Monocrystalline Silicon
    • 5.4.2 Polycrystalline Silicon
    • 5.4.3 Thin-film (CIGS/perovskite)
  • 5.5 Charging Architecture
    • 5.5.1 On-board Solar-only
    • 5.5.2 Solar + Plug-in Hybrid Charging
  • 5.6 Geography
    • 5.6.1 North America
    • 5.6.1.1 United States
    • 5.6.1.2 Canada
    • 5.6.1.3 Rest of North America
    • 5.6.2 South America
    • 5.6.2.1 Brazil
    • 5.6.2.2 Argentina
    • 5.6.2.3 Rest of South America
    • 5.6.3 Europe
    • 5.6.3.1 Germany
    • 5.6.3.2 United Kingdom
    • 5.6.3.3 France
    • 5.6.3.4 Spain
    • 5.6.3.5 Italy
    • 5.6.3.6 Russia
    • 5.6.3.7 Rest of Europe
    • 5.6.4 Asia-Pacific
    • 5.6.4.1 China
    • 5.6.4.2 Japan
    • 5.6.4.3 India
    • 5.6.4.4 South Korea
    • 5.6.4.5 Rest of Asia-Pacific
    • 5.6.5 Middle East and Africa
    • 5.6.5.1 Saudi Arabia
    • 5.6.5.2 United Arab Emirates
    • 5.6.5.3 Egypt
    • 5.6.5.4 Turkey
    • 5.6.5.5 South Africa
    • 5.6.5.6 Rest of Middle East and Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 Lightyear Technologies B.V.
    • 6.4.2 Sono Motors GmbH
    • 6.4.3 Toyota Motor Corporation
    • 6.4.4 Ford Motor Company
    • 6.4.5 Cruise Car Inc.
    • 6.4.6 Stellantis N.V. (incl. FCA brands)
    • 6.4.7 Tesla Inc.
    • 6.4.8 Hanergy Mobile Energy
    • 6.4.9 Venturi Automobiles
    • 6.4.10 Aptera Motors Corp.
    • 6.4.11 Squad Mobility
    • 6.4.12 Sunreef Yachts Eco-Cars Division
    • 6.4.13 Mitsubishi Motors Corporation
    • 6.4.14 Nissan Motor Co.
    • 6.4.15 EdisonFuture (SPI Energy)

7. Market Opportunities and Future Outlook

  • 7.1 White-space and Unmet-Need Assessment
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Global Solar Vehicle Market Report Scope

The solar vehicle market report offers the latest technological advancements, trends, and updates from all the mentioned segments.

The solar vehicle market has been segmented on the basis of vehicle type, electric vehicle type, battery type, solar panel type, and geography.

Based on vehicle type, the market is segmented into passenger cars and commercial vehicles.

By electric vehicle type, the market is divided into battery electric vehicles and hybrid electric vehicles.

By battery type, it is segmented into lithium-ion, lead-acid, and other battery types.

By solar panel type, the market is segmented into mono-crystalline and poly-crystalline.

By geography, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World.

Vehicle Type
Passenger Cars
Commercial Vehicles
Electric-Drivetrain Type
Battery Electric Vehicle (BEV)
Hybrid Electric Vehicle (HEV)
Plug-in Hybrid Electric Vehicle (PHEV)
Battery Chemistry
Lithium-ion (NMC/LFP)
Solid-state Lithium-metal
Lead Acid
Solar-Panel Technology
Monocrystalline Silicon
Polycrystalline Silicon
Thin-film (CIGS/perovskite)
Charging Architecture
On-board Solar-only
Solar + Plug-in Hybrid Charging
Geography
North America United States
Canada
Rest of North America
South America Brazil
Argentina
Rest of South America
Europe Germany
United Kingdom
France
Spain
Italy
Russia
Rest of Europe
Asia-Pacific China
Japan
India
South Korea
Rest of Asia-Pacific
Middle East and Africa Saudi Arabia
United Arab Emirates
Egypt
Turkey
South Africa
Rest of Middle East and Africa
Vehicle Type Passenger Cars
Commercial Vehicles
Electric-Drivetrain Type Battery Electric Vehicle (BEV)
Hybrid Electric Vehicle (HEV)
Plug-in Hybrid Electric Vehicle (PHEV)
Battery Chemistry Lithium-ion (NMC/LFP)
Solid-state Lithium-metal
Lead Acid
Solar-Panel Technology Monocrystalline Silicon
Polycrystalline Silicon
Thin-film (CIGS/perovskite)
Charging Architecture On-board Solar-only
Solar + Plug-in Hybrid Charging
Geography North America United States
Canada
Rest of North America
South America Brazil
Argentina
Rest of South America
Europe Germany
United Kingdom
France
Spain
Italy
Russia
Rest of Europe
Asia-Pacific China
Japan
India
South Korea
Rest of Asia-Pacific
Middle East and Africa Saudi Arabia
United Arab Emirates
Egypt
Turkey
South Africa
Rest of Middle East and Africa
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Key Questions Answered in the Report

What is the projected size of the solar vehicle market by 2030?

The solar vehicle market is forecast to reach USD 2.41 billion by 2030, growing at a 31.20% CAGR.

Which region leads current adoption of solar vehicles?

Asia-Pacific holds 56.79% of 2024 sales, driven by China’s PV manufacturing scale and Japan’s solar R&D strength.

Why are commercial fleets critical to future growth?

Larger roof areas on trucks and buses allow greater solar wattage, and fleet operators benefit from lower total cost of ownership, pushing commercial segments toward a 55.39% CAGR to 2030.

How do solid-state batteries affect solar vehicle design?

They double energy density, reduce pack weight, and accept variable charge rates, enabling lighter chassis and extended solar-powered range.

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