"The vehicle weighs 150kg, which is 100kg lighter than its predecessor Gazelle 1,” project manager Dr. Karen Abrinia said during the unveiling ceremony held at Tehran University on Sunday.
Iranian Gazelle 1 and Iranian Gazelle 2 were designed and produced in 2004.
Head of Iran's Fuel Management Committee Mohammad Rouyanian, managing director of Iran's Fuel Optimization Organization Abbas Kazemi and Tehran University Chancellor Farhad Rahbar participated at the ceremony.
"The Brushless DC engine used in this car gives it a 97 percent efficiency, which means that the vehicle wastes the minimum amount of energy," Fars News Agency quoted Abrinia as saying.
"Road tests showed that Gazelle 2 can reach the speed of 120km/h, but we believe that it can be increased to 150km/h," he added.
The veteran mechanics expert also said that the solar cells used in the car have 22 percent efficiency enabling Gazelle 2 to travel a distance of 600km at the speed of 80 km/h if the weather is sunny.
Iranian university students also unveiled a solar car earlier this month which they claim can travel at more than 130 kilometers per hour.
Designed and made by the students of the vehicular research department at the University of Qazvin, the car is named 'Havin' meaning 'shining sun'.
Havin is five meters long and two meters wide and is another example of attempts made by Iranian scientists to reduce energy consumption by producing more environment-friendly devices in all sectors.
Iranian Gazelle 2 is due to compete in the 2011 World Solar Challenge competition in Australia this October, according to Rahbar.
The competition challenges over a hundred of the world's best Technical Universities and Colleges to design and build a car capable of crossing Australia on the power of the sun.
The Challenge, which begins on October 16, crosses the center of Australia - stretching 3,000 kilometers from Darwin to Adelaide.