The current state of the environment created a whole new industry concentrated around eco-friendly cars. Hybrids managed to gain popularity in a relative short period of time but solar powered cars have an even greater potential.
Solar powered cars can be affordable due to several factors. When talking about an energy efficient car that is also eco-friendly money needs to be added to the discussion. The acquisition price of such a vehicle is dictated by its engine, solar panels and energy storage system. Fortunately, all these elements are getting cheaper year after year due to reduced manufacturing costs and continuous technological improvements. Solar panels are now around 10 times cheaper than five years ago. Batteries are still expensive but their efficiency and durability. High quality batteries will now last longer which means that new ones will not be required for a long period of time. Unfortunately, such cars can still have a higher acquisition price than classic ones powered by engines running on fossil fuel.
Are They More Affordable?
Despite the higher selling price for such a car or conversion kit, the money saved on fuel will cover the cost in less than five years. A solar powered car will run on free energy that is collected during the day and use the one stored in the batteries when there is no source of light. In simple terms, such cars run on free energy without using any kind of additional fuel. This aspect alone makes it an affordable car. After the investment gets covered trough fuel savings, solar powered cars will reveal their true affordability. Car related expenses can drop close to zero if maintenance bills are not counted.
Such vehicles will become more popular as the major manufacturers will come with their own electric car versions. There have been some attempts in the past but the technology at that time faced many challenges. With the aid of new energy storage technologies, cars that run on fossil fuel can become extinct.