Global Market for Solar-Powered Vehicles is USD 2850.7 Million during the Forecast Period 2021-2027,

Industryno109 Oct, 2021Business

Asia Pacific dominates the global solar-powered vehicle market and is anticipated to have a high CAGR during the forecast period owing to the rapid urbanization, increasing consumer purchasing power, the rising initiatives taken by the government to reduce emission levels, and the dependence on fossil fuels, providing subsidies and rebates by the government, resulting in the growth of solar-powered vehicle market in the region.