CAPSolar

CAPSolar is a Canadian startup that specializes in the development and manufacturing of solar panels specifically designed for the electric mobility industry. The company operates in the renewable energy market, serving clients who own electric and hybrid vehicles, including cars, trucks, smaller vehicles, and marine crafts.

The business model of CAPSolar is centered around harnessing the power of the sun to increase the efficiency of electric vehicles. They do this by creating solar panels that can be customized to fit any vehicle surface, reducing the vehicle's dependency on charging infrastructure. This means that the solar panels can be tailored to match the color, texture, size, or form of the vehicle, ensuring a perfect match for the client's unique specifications.

CAPSolar's revenue comes from the sale of these solar panels and the services related to them. These services include the design of solar panel integration systems, electronic control systems, data management, and mounting structures for the solar panels.

The company also claims that their solar solution can provide a return on investment (ROI) in less than four years in certain applications, such as low-speed electric vehicles. This is achieved through extended range, reduced charger dependency, and operational efficiency gains.

Currently, CAPSolar is working on a new type of semi-transparent solar panel module that can be integrated into the roofs and/or windows of electric and hybrid cars. All of their solar panels are produced in-house at their office in Montreal.

Keywords: Solar Panels, Electric Vehicles, Customization, Renewable Energy, Efficiency, Return on Investment, Charging Infrastructure, Electric Mobility Industry, Solar Technology, In-house Production.