Four hexachlorosubphthalocyanines SubPcCl6-X bearing different axial substituents (X) have been synthesized for use as novel electron acceptors in solution processed bulk-heterojunction organic solar cells. Subphthalocyanines are aromatic chromophore molecules with cone-shaped structure, good solution processability, intense optical absorption in the visible spectral region, appropriate electron mobilities, and tunable energy levels. Solar cells with subphthalocyanines as the electron acceptors and PTB7-Th as the electron donor exhibit a power conversion efficiency up to 4% and an external quantum efficiency approaching 60% due to significant contributions from both the electron donor and acceptor to the photocurrent, indicating a promising prospect of non-fullerene acceptors based on subphthalocyanines and structurally related systems.Solution processed bulk-heterojunction (BHJ) organic solar cells (OSCs) are a promising renewable energy technology towards future efficient, large-area, flexible photovoltaic modules. [1] The main component of an OSC is its BHJ active layer, consisting of an electron donor and an electron acceptor phase separated into a bi-continuous interpenetrating network morphology.[2] Power conversion efficiencies (PCEs) exceeding 11% have been achieved recently.[3] While numerous electron donors, including semiconducting polymers and small molecules, have been assessed, [4] electron acceptor components are still dominated by fullerene derivatives because of their high electron mobility, ideal frontier orbital energy levels, and isotropic charge transport properties.[5] However, fullerene derivatives have intrinsic shortcomings, such as high cost of synthesis, low absorption coefficients in the visible spectral region, limited variability in energy level, and morphological instability in the blended films.[6] The development of new electron acceptors which overcome the drawbacks associated with fullerene-based acceptors is thus vital for further advancing OSCs. [7] Encouragingly, several studies have reported BHJ solar cells with PCEs >8% based on non-fullerene acceptors.[8]Subphthalocyanines (SubPcs) are aromatic chromophore molecules including a boron atom at their inner cavity, with intense optical absorption in the 460−580 nm spectral region, [9] and relatively high electron mobilities.[10] Traditionally, they have been used as electron donors in vacuum deposited planar heterojunction solar cells.[9a] However, the electronic properties of SubPcs can be easily adjusted by introducing axial and/or peripheral substituents.[9a] Hence, by rational molecular design, i.e.introducing peripheral electron withdrawing groups, SubPcs have been transformed into electron acceptor molecules. [11] In this context, non-fullerene, vacuum evaporated solar cells containing SubPc molecules achieved a PCE of 8.4%.[12] The cone-shaped structure of SubPcs prevents excessive aggregation in solution and solid state, providing good solution processability even without the assistance of electrically i...