Hexa-peri-hexabenzocoronene (HBC) is a discotic-shaped conjugated molecule with strong - stacking property, high intrinsic charge mobility, and good self-assembly properties. For a long time, however, organic photovoltaic (OPV) solar cells based on HBC demonstrated low power conversion efficiencies (PCEs). In this study, two conjugated terpolymers, poly[N-9-heptadecanyl-2,7-carbazole-alt-5,5-(4,7-di-2-thienyl-2,1,3-benzothiadiazole)] (PCDTBT)-5HBC and PCDTBT-10HBC, were synthesized by incorporating different amounts of HBC as the third component into poly[N-9-heptadecanyl-2,7-carbazole-alt-5,5-(4,7-di-2-thienyl-2,1,3-benzothiadiazole)] (PCDTBT) through Suzuki coupling polymerization. For comparison, the donor-acceptor (D-A) conjugated dipolymer PCDTBT was also synthesized to investigate the effect of HBC units on conjugated polymers. The HBC-containing polymers exhibited higher thermal stabilities, broader absorption spectra, and lower highest-occupied molecular orbital (HOMO) energy levels. In particular, the field-effect mobilities were enhanced by more than one order of magnitude after the incorporation of HBC into the conjugated polymer backbone on account of increased interchain - stacking interactions. The bulk heterojunction (BHJ) polymer solar cells (PSCs) fabricated with the polymers as donor and PC71BM as acceptor demonstrated gradual improvement of open-circuit voltage (V-OC) and short-circuit current (J(SC)) with the increase in HBC content. As a result, the PCEs were improved from 3.21% for PCDTBT to 3.78% for PCDTBT-5HBC and then to 4.20% for PCDTBT-10HBC.