These small vehicles pose a lot of problems for the environment and to the companies that possess them. Most of them are charged with electricity that has been harvested using non-renewable sources, such as coal and natural gases in the U.S. On top of that, their batteries require regular maintenance due to their short lifetime. This costs a lot of money to the companies and costs a lot to the environment in terms of CO2 emissions. To remedy these problems CAPSolar uses the energy from the sun, which is 100% free and clean, to power the batteries of these vehicles. By doing so we are able to increase the range of these vehicles by about 25% and the life of its batteries by 1 to 3 years. These advantages allow the companies to use their vehicles for longer and spend less money on maintenance, but most importantly, greatly reduce their CO2 footprint.

The Environmental Benefits

• •The 560W solar module can increase the range of the vehicle by about 25%, which reduces the amount of charging stops
• •Increases the battery life from 1 to 3 years to reduce the amount of batteries that need to be produced, recycled and/or thrown away
• •The solar module allows us to save over 290kg of CO2 emissions per vehicle per year
• •Can save up to 7,200 kg of CO2e during the lifetime of the product
• •The module is predicted to be 96% recyclable and, interestingly enough, 80% of the solar components (solar cells) can be reused

The Financial Benefits

• •The customer can save 9,000$ on battery maintenance and charging costs during the lifetime of the vehicle
• •Offers a 250% higher cost efficiency compared to the closest competitor, which means that more performance is offered at a lower price
• •Payback time is 2 years and 8 months in North America, which is far less than the average payback time of 8 years for residential solar installations in the U.S

Target client profile

• Public Authorities
• Business

Activity Region

• Headquarters
• Activity

Company Profile

CAPSolar

CAPSolar develops a first-of-its-kind solar module designed exclusively for Low Speed Electric Vehicles.

Headquarters Montreal, QC H3B 1X8, Canada

Type Startup or self-employed

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Networking Partner

International Cleantech Network

The International Cleantech Network (ICN) is a global network of 13 cleantech clusters on the international forefront of providing innovative and sustainable solutions to meet the growing demand for green technologies.

Solutions Associated 82

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