The news: German automotive startup Sono Motors announced an ambitious goal of putting 32,000 solar-powered electric vehicles on roads by 2030, per Electrek.
Are solar EVs a thing? Sono wants to use its proprietary solar panels to supplement EV range, saying that its panels add 70 to 150 miles of range weekly. Lightyear, another startup innovating in the solar EV space, plans a November release of its Lightyear 0.
The opportunity: As far as renewable energy goes, it’s tough to beat what solar energy has to offer.
What’s the catch? Aside from being a niche submarket of EVs, solar panels require a significant amount of energy to produce. In addition, solar panels are expensive, and weaving these into the shapes of car panels is complicated.
The bigger picture: Solar energy is a vital source of renewable energy and a natural fit for the global transition to EVs. Finding an effective and affordable way to harness it as a power source will help future EV adoption.
(Source: Sono Motors)
This article originally appeared in Insider Intelligence's Connectivity & Tech Briefing—a daily recap of top stories reshaping the technology industry. Subscribe to have more hard-hitting takeaways delivered to your inbox daily.
You've read 0 of 2 free articles this month.
One Liberty Plaza9th FloorNew York, NY 100061-800-405-0844
1-800-405-0844sales@emarketer.com