#Electric Buses #Turkey #TEMSA #European Markets #Adana

TEMSA Achieves Record Financial Milestones in 2025

In a remarkable show of growth, TEMSA, a major player in the commercial vehicle industry, reported its best-ever financial performance in 2025, reaching a historic revenue of $554 million. Driven by ambitious expansion plans across Europe, the company is cementing its strategy to achieve $1 billion in revenue by 2027.

Despite facing a challenging global economic landscape, TEMSA recorded a 10% annual increase in foreign currency revenues, with international sales alone spiking by 7%, surpassing $316 million. These numbers reflect not only TEMSA's resilience but also its evident strategic planning and execution.

Focus on European Markets

Europe remains a pivotal area for TEMSA’s growth strategy. In 2025, the company achieved record sales volumes in several key European markets, including France, Germany, the UK, Ireland, Belgium, and Greece. Notably, TEMSA expanded its footprint in regions with right-hand drive vehicles, seeing a 60% increase in unit deliveries compared to the previous year.

In the UK and Ireland, TEMSA's fleet grew to 673 units, claiming approximately 15% market share in the coach segment. Furthermore, the company accomplished its largest electric intercity bus order to date, delivering 10 units to Portugal, enhancing its commitment to sustainable transport.

In Lithuania, 15 MD9 electric vehicles were dispatched to enrich the country’s public transport network, reinforcing TEMSA's growing catalog of electric vehicles across the continent.

Expansion to New Territories

To bolster its European presence, TEMSA entered six new markets in 2025: Finland, Norway, Poland, Croatia, Malta, and Albania. This deliberate expansion showcases TEMSA's aim for a broader operational footprint within Europe, allowing for greater market influence and customer engagement.

Leading in Electric Mobility

TEMSA has positioned itself as one of the industry's most comprehensive providers of electric mobility solutions. With 11 zero-emission models spanning urban, intercity, and coach segments, the company stands out in the electrification landscape. Its nearly 20 years of experience in research and development enables it to innovate rapidly, developing its own battery management systems and electronic control units, which contributes to faster innovation cycles.

Evren Güzel, CEO of TEMSA, emphasized the company’s ambition to be the preferred mobility brand, aiming for a global presence with a revenue target of $1 billion. He stated, “We are building this vision on the foundation of leadership in key segments, market differentiation, urban mobility ecosystem partnerships, and our establishment as a center of excellence for electrification.”

Beyond Buses: A Broader Electrification Vision

TEMSA is not limiting its electrification efforts to buses alone. The company views this technological shift as part of a larger transformation in the mobility ecosystem. Leveraging its battery technology and engineering capabilities, TEMSA is developing energy storage solutions and electrification technologies for maritime applications, expanding its technological expertise beyond just road transport.

This strategic approach positions TEMSA not just as a vehicle manufacturer but as a holistic provider of sustainable mobility solutions, illustrating its commitment to innovation and environmental responsibility.

As TEMSA continues to push forward, its achievements in 2025 serve as a strong foundation for future growth, embodying the spirit of resilience and adaptability in an ever-evolving market landscape.