TEMSA has reported its highest revenue and expanded sales across key European markets in 2025, marking a steady progression towards its 1 billion USD revenue goal.
The Turkish bus manufacturer recorded revenue of 554 million USD, representing a 10% increase compared with the previous year in foreign currency terms. International sales also rose by 7%, reaching over 316 million USD.
Europe remains central to TEMSA’s strategy. The company achieved its highest annual sales volumes to date in France, Germany, the United Kingdom, Ireland, Belgium and Greece. In right-hand drive markets, unit deliveries increased by 60% year-on-year. TEMSA’s vehicle parc in the UK and Ireland reached 673 units, accounting for roughly 15% of the coach segment.
TEMSA also completed its largest single delivery of LD SB E electric intercity coaches with a 10-unit order in Portugal. In Lithuania, 15 MD9 Electricity vehicles were deployed to the public transport network, further extending the company’s electric vehicle footprint.
In 2025, TEMSA expanded into six new European countries: Finland, Norway, Poland, Croatia, Malta and Albania.
TEMSA CEO Evren Güzel said:In a year shaped by economic volatility and market pressure, our ability to outperform the market demonstrates the strength of our organisation and the clarity of our long-term strategy. We have combined operational excellence with disciplined financial management, generating positive free cash flow for the fifth consecutive year.
TEMSA currently offers 11 zero-emission models across city, intercity and coach segments. With nearly 20 years of research and development experience in electrification, the company produces its own battery packs, battery management systems and electronic control units in-house. This vertical integration allows faster adaptation of solutions to market requirements.
The company is also exploring electrification in broader mobility applications, including energy storage and maritime solutions, leveraging its expertise in battery technology and electric systems.
Güzel added:Our ambition is to become the preferred mobility brand with a strong global footprint and a USD 1 billion revenue target,” Güzel added. “We are building this vision on leadership in focus segments, differentiation in niche markets, ecosystem partnerships in city mobility, and becoming a center of excellence for electrification and future mobility solutions.
