The company closed 2024 with a turnover of USD 962 million, with 64% of revenues coming from exports, confirming its role as both a leading Turkish bus manufacturer - a position it has held for 16 consecutive years - and an increasingly significant player in Europe. More than 68,000 Otokar buses are now in operation in over 60 countries, with Spain, France, and Italy representing its largest European markets.
Honda Motor Co. has signed a multi-year agreement to work with a US AI startup in which it has an equity stake to develop self driving capabilities, tapping into Silicon Valley know-how for next generation automated technologies. The Japanese carmaker and Redwood City-based Helm.ai Inc. will collaborate on producing advanced driver assistance systems for Honda's mass market vehicles by 2027, the two said Wednesday in a statement.
The first part of our electrification program led us to deploy some 230 e-buses in three depots which are partially electrified. We are planning to build two new depots fully electrified from the very beginning.