#Electric Buses #Turkey #revenue growth #TEMSA #Adana

TEMSA's Remarkable Financial Milestone in 2025

In the turbulent landscape of the global commercial vehicle industry, TEMSA has managed to carve out a significant presence. With an astounding revenue of $554 million, the company is steadily closing in on its ambitious $1 billion revenue goal. This impressive financial performance marks TEMSA's best operational results to date as it continues to expand its footprint across Europe.

Despite facing adverse market conditions, TEMSA managed to increase its revenue in foreign currency terms by 10% compared to the previous year, achieving its highest revenue ever. The international revenue also saw a significant increase of 7%, exceeding $316 million. This growth is a testament to the company's resilience and strategic focus in a challenging environment.

Europe: A Core Market for Growth

Europe remains pivotal to TEMSA's growth strategy. In 2025, the company achieved record revenues in several key markets including France, Germany, the UK, Ireland, Belgium, and Greece. TEMSA not only increased its presence but also enhanced its delivery volumes, achieving a remarkable 60% increase in deliveries year-over-year in right-hand traffic markets. Its vehicle stock in the UK and Ireland reached 673 units, translating to about a 15% market share in the coach segment.

Moreover, TEMSA celebrated a significant milestone with what is considered its largest single order of electric intercity buses—the delivery of 10 units in Portugal. Additionally, in Lithuania, 15 units of the MD9 Electricity model were delivered for integration into the country's public transport network, reinforcing TEMSA's electric vehicle portfolio across the continent.

Expansion into New Markets

In 2025, TEMSA ventured into six new European countries: Finland, Norway, Poland, Croatia, Malta, and Albania, thus strengthening its regional presence. This strategic expansion highlights its commitment to growth and adaptation in the ever-evolving European market landscape.

Commitment to Electric Mobility

With an extensive lineup of 11 zero-emission models covering city, intercity, and coach buses, TEMSA positions itself as a leading provider of electric mobility solutions in the industry. The company leverages nearly two decades of experience in electrification and operates its own battery pack assembly facility, allowing it to design and develop its own battery management systems and electronic control units. This vertical integration promotes faster innovation cycles and customized solutions for various market operators.

"Our aim is to become the preferred mobility brand with a strong global presence and a target revenue of $1 billion," stated Evren Güzel, CEO of TEMSA. "We are building this vision on our leadership in focus segments, our differentiation in niche markets, our ecosystem partnerships in urban mobility, and our aspiration to become a center of excellence for electrification and future mobility solutions."

A Broader Vision for Electrification

TEMSA sees electrification as a holistic transformation of the entire mobility ecosystem. The company is utilizing its battery technologies and engineering capabilities to develop energy storage and electrification solutions for maritime and other mobility applications, extending its technological expertise beyond road transport.

As TEMSA marches forward, its commitment to innovation and sustainability will likely be key drivers of its success in the coming years.