Karsan reports +11% turnover growth in 2025, targets Northern Europe and will add new e-bus in 2026 - Sustainable Bus
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Karsan reports +11% turnover growth in 2025, targets Northern Europe and will add new e-bus in 2026 - Sustainable Bus
"Karsan recorded a turnover of €330 million in 2025, representing an 11% increase compared to €296 million in 2024. Electric vehicle revenues reached €220 million, accounting for 67% of total turnover and marking a €59 million increase year-on-year."
"In the medium term, we want to be among the top five brands in Europe in the next 5 years. We will expand into new markets, focusing on northern countries in 2026, where we currently do not operate."
"The target is to exceed a total of 700 electric vehicle sales in 2026, with plans to strengthen our presence in Spain and Poland, where we have serious plans for growth."
Karsan recorded a turnover of €330 million in 2025, an 11% increase from 2024. Electric vehicles contributed 67% of revenues, totaling €220 million. The company plans to increase electric vehicle sales to 80% by 2026 and maintain a 5% market share in Europe. Karsan aims to expand its electric fleet to over 2,800 units and enter new markets, particularly in northern Europe. A new electric bus model is expected by the end of 2026, with confirmed orders covering 65% of the sales target.
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