Karsan results 2024: profit up 28%, electric bus sales reach 540 units - Sustainable Bus
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Karsan results 2024: profit up 28%, electric bus sales reach 540 units - Sustainable Bus
"In 2024, Karsan achieved a turnover of €296 million, delivering 540 electric vehicles, and grew profitability by 28% as per their year-end statement."
"Looking towards 2025, Karsan aims for 700 electric vehicle sales, projecting €350-400 million turnover and expects electric vehicle revenue to contribute €200-250 million."
"The company was responsible for 82% of Türkiye's electric public transportation exports to Europe over six years, emphasizing its market leadership and global reach."
"Karsan ranked 8th in the European electric bus market in 2024 with a 4.5% share, leading with the e-Jest and e-Atak models for five consecutive years."
Karsan finished 2024 with a turnover of €296 million and significantly increased profitability by 28%. The company delivered 540 electric vehicles, marking a 45% rise from the previous year. Looking to the future, Karsan targets 700 electric vehicle sales in 2025 and projects a turnover between €350-400 million, with electric vehicle revenue reaching €200-250 million. Dominating Türkiye's electric public transport exports at 82%, Karsan ranked 8th in the European electric bus market with leading models in several countries, while also exploring hydrogen and autonomous vehicle sectors.
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