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Solaris Bus & Coach excelled in 2023, leading in zero-emission bus sales, achieving record-high revenues, and expanding its hydrogen bus production to meet growing demand.
832 views | Date: March 15, 2024
Bolechowo-Osiedle, Poland- Solaris Bus & Coach, a manufacturer of city and intercity buses in Europe, has disclosed its performance results for the calendar year 2023. These figures depict an organization well-equipped to navigate the ever-changing market dynamics and resilient in the face of evolving economic conditions.
In 2023, Solaris achieved robust sales, with a total of 1,456 vehicles sold. The increasing proportion of low- and zero-emission vehicles in Solaris' sales portfolio reflects the company's adeptness in responding to market demands.
Across many EU nations, the adoption of e-mobility vehicles has surged in recent years. Solaris maintains its position as the foremost European leader in the zero-emission bus segment, accounting for 14.5% of the market share by the end of 2023.
Based on vehicle registrations in 2023, Solaris secured the top spot in the zero-emission bus market with a 15.2% market share.
The remarkable sales of technologically advanced vehicles with alternative propulsion systems in 2023 resulted in record-high revenues for Solaris, totaling 819 million euros, marking an 18% increase from the previous year.
Throughout 2023, Solaris delivered its vehicles to customers in 17 countries. Major recipients included operators in Poland, Spain, Italy, Norway, Germany, the Czech Republic, Romania, and Hungary. Notably, Solaris supplied 690 battery electric buses, 202 trolleybuses, and 81 hydrogen buses during the reporting period.
Noteworthy is Solaris' leadership in the hydrogen bus segment, with the company delivering a total of 180 hydrogen buses by the end of 2023, representing 44.5% of all hydrogen buses registered in Europe that year.
The company anticipates this trend to persist, evident from the substantial volume of new orders received. By the end of 2023, Solaris secured orders for 535 hydrogen-powered vehicles, scheduled for delivery between 2024 and 2026. To accommodate the increasing demand and enhance production capacity, Solaris has inaugurated a new production hall dedicated to hydrogen and CNG bus production. This state-of-the-art facility is poised to become the centerpiece of the company's operations in this sector.
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