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Solaris Summarizes 2024: Strong Sales Growth, Market Expansion

2025/03/14 Buses
Solaris published its sales and financial results over 2024. The company delivered a total of 1,525 vehicles in the past year, a 4.7% increase in sales compared to 2023. The company’s revenues in 2024 stood at €927 million, representing a growth of over 13% compared to 2023. Solaris ended 2024 with a solid order portfolio, including over 1,600 secured vehicles worth over €1.4 billion. The majority of these orders, as much as 92%, are for low- or zero-emission vehicles.

Vehicles equipped with alternative drives – battery and hydrogen, trolleybuses, and hybrid buses – achieved a record share of sales, accounting for as much as 83% of all vehicles delivered. This share includes 544 electric buses, a record 259 hydrogen buses, and 180 trolleybuses, which also played an important role in shaping the company's zero-emission sales mix. Solaris also signed its first contract in the US market for the delivery of electric buses. This is a milestone toward achieving the company's strategic plans to enter the zero-emission bus market in the USA and Canada. In addition, environmental analyses of products were continued – in 2024, the Urbino 18 hydrogen vehicle was assessed. Obtaining EPD (Environmental Product Declaration) labels for all types of vehicles is planned for the coming years.

2024 was also a significant year for Solaris in terms of winning important and prestigious industry awards. In September 2024, the international jury of the Bus of the Year competition awarded the title of Bus of the Year 2025 to the Solaris Urbino 18 hydrogen bus. The battery-powered Urbino 12 electric with a modular drive was awarded the "Sustainable Bus Award 2025" in the "City Buses" category in October 2024. Since 2012, the company has delivered a total of 3,074 vehicles, which account for almost 14% of all zero-emission buses on European roads. In 2024 alone, Solaris ranked second in the supply of zero-emission buses, delivering 705 zero-emission buses to European customers. In the reporting period, Solaris delivered its products to customers in 12 countries. The main recipients of were operators from Italy, Poland, Germany, Romania, Sweden, and Spain.

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Source : Belgium-Busworld
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