Irizar

What Irizar does

Irizar is a Spanish cooperative (IRIZAR, S. Coop.) headquartered in Ormaiztegi, Basque Country, founded in 1889, that designs and manufactures integral buses and coaches across multiple powertrains: 100% electric (Irizar ie bus, ie tram, ie truck, and the i3 intercity coach), hydrogen fuel cell (i6S Efficient H2 FCEV, claimed as Europe's first zero-emission H2 coach), compressed and liquefied natural gas/biogas (i4, i6, i6S, i8), and efficient diesel/HVO/biodiesel (i4, i6, i6S Efficient, i8). The Group operates through a vertical structure of wholly-owned subsidiaries — Jema (power electronics and HMI), Hispacold (HVAC), Masats (doors and accessibility), Creatio (applied R&D) — together with Irizar e-mobility, which runs Europe's first factory entirely dedicated to electromobility in Aduna, Spain. In total the Group employs more than 3,900 people across 11 production plants in Spain, Brazil, Mexico, Morocco, and South Africa, with a sales and service network covering more than 90 countries.

Irizar monetises primarily through hardware sales of complete vehicles under its own brand to public transport authorities, intercity and tourist coach operators, and sports teams, with revenue also generated from after-sales service, spare parts (iService platform), and recurring fleet management subscriptions (iPanel). Customer relationships are managed through dedicated regional commercial directors and country subsidiaries (Irizar USA, UK, France, Italy, Mexico, Brazil, Maroc, Southern Africa, Asia Pacific), supported by authorized distributors and OEM bodywork partnerships with Scania and Volvo for selected markets. Pricing is not publicly disclosed and is negotiated per configuration and tender. The company's value proposition rests on multi-technology capability, integral (body-plus-chassis) manufacturing, premium design and customization, a global after-sales footprint, and a growing circular-economy offering (Izir brand, second-life battery storage with partners such as EMT Madrid and Ibil).

Name

Irizar

Legal name

IRIZAR, S. Coop.

Website

https://irizar.com

Company type

Private

Founded year

1889

Operating status

Operating

Headcount range

101–250 employees

Short description

Irizar is a Spanish cooperative (founded 1889) that designs and manufactures integral buses and coaches across electric, hydrogen, natural gas, and diesel powertrains, serving public transport authorities, intercity and tourist operators, and sports teams in more than 90 countries through 11 plants and 3,900+ employees.

Ownership category

akta.pro rank

Product category

Bus and Coach Manufacturing

NAICS

Motor Vehicle Electrical and Electronic Equipment Manufacturing (33632), Motor Vehicle Transmission and Power Train Parts Manufacturing (33635)

akta.pro primary industry

Truck & Commercial Vehicle Electrification Manufacturing (eAxles/Battery Packs/Fuel Cells) (IMACABAK)

akta.pro secondary industries

Hybrid Powertrain Integration Manufacturing (ICE-HEV/PHEV modules) (IMACAHAJ), Charging Infrastructure Components (connectors, cables, dispensers, payment/controls) (IMAGAHAH)

Keywords

• Bus and coach manufacturing
• Electric mobility solutions
• Hydrogen fuel cell vehicles
• Public transport vehicles
• Commercial vehicle production

Headquarters

HQ city

Ormáiztegui

HQ country

Spain

HQ region

Europe

Offices11 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Bus and Coach Manufacturing: Irizar designs and manufactures integral buses and coaches for urban, intercity, and tourist transport. Vehicles available in multiple powertrains: 100% electric, hydrogen fuel cell, natural gas (CNG/LNG), diesel, HVO, biodiesel, and hybrid. Products sold as complete vehicles under Irizar brand.
2. After-sales Service and Maintenance: Comprehensive service network offering 24/7 repair, maintenance, spare parts supply, and fleet management solutions. Includes iPanel monitoring and iService parts management platforms.
3. Electric Mobility Solutions: Turnkey electromobility solutions for cities including vehicles, charging infrastructure, energy management, and connectivity through Irizar e-mobility subsidiary.
4. Fleet Management and Telematics: iPanel platform providing fleet monitoring, remote diagnostics, preventive maintenance planning, and eco-driving optimization services.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels9 records

Core offering

Irizar designs and manufactures integral buses and coaches for urban, intercity, and tourist passenger transport, offering multiple powertrain options including battery-electric, hydrogen fuel cell, natural gas, hybrid, and diesel. The company also delivers complete electromobility solutions — vehicles, charging infrastructure, energy storage, and fleet management — through its Irizar e-mobility subsidiary.

Product overview

Irizar is a multi-technology bus and coach manufacturer offering a comprehensive portfolio of vehicles across multiple powertrains including 100% electric (Irizar ie bus, ie tram, ie truck, i3), hydrogen fuel cell (i6S Efficient H2 FCEV), natural gas/biogas (i8, i6S Efficient, i6, i4), and efficient diesel (i6S Efficient, i6, i4, i8). The product lineup covers urban buses, intercity coaches, premium long-distance coaches, and electric trucks. Supporting services include iService (parts management), iPanel (fleet monitoring and management), and i-training (technical training). The group operates through Irizar e-mobility for electric solutions and maintains production facilities in Spain, Brazil, Mexico, Morocco, South Africa, and Asia Pacific.

Differentiator

Problem solved

Functional benefit

Brands

• Irizar e-mobility: Complete electromobility solutions including electric buses, urban vehicles, charging infrastructure and connectivity
• Irizar ie bus
• Irizar ie tram
• Irizar ie truck
• Izir
• iService
• iPanel
• i-Training
• Creatio
• Irizar i6S Efficient
• Irizar i6S Efficient Hydrogen
• Irizar i8
• Irizar i6
• Irizar i4
• Irizar i3

Products and services

• Irizar i8 Premium coach designed for long-distance and high-end passenger transport.
• Irizar i6S Efficient Diesel-powered coach optimized for fuel efficiency on intercity routes.
• Irizar i6S Efficient H2 FCEV Hydrogen fuel cell electric coach for zero-emission long-distance travel.
• Irizar i6 Versatile intercity coach offered in diesel, natural gas, hybrid, and electric configurations.
• Irizar i4 Metropolitan and intercity bus available in multiple powertrain variants for suburban and regional operations.
• Irizar i3 Electric intercity coach for sustainable regional and suburban passenger service.
• Irizar ie bus 100% electric urban bus platform developed for city public transport fleets.
• Irizar ie tram 100% electric tram-styled bus with urban catenary-free operation.
• Irizar ie truck 100% electric truck designed for urban logistics and last-mile distribution.
• Irizar iPanel Subscription-based fleet management platform for remote vehicle monitoring and operational optimization.
• Irizar iService Spare parts management and after-sales service platform for Irizar vehicles.

Quantifiable outcome

• 120 tonnes CO2 eliminated per year per articulated electric bus
• +7 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature9 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• ScaniacoreChannel Partner/ Reseller/ Distributor · 18 June 2026Scania partners with Irizar for bus bodywork, with Scania chassis combined with Irizar bodies. Partnership includes deployment of 27 Scania Irizar i4 biogas buses for Nobina in Sweden, marking the inaugural introduction of the Scania Irizar i4 model in Sweden.
• NobinacoreChannel Partner/ Reseller/ DistributorNobina, Sweden's largest transport operator, operates the 27 Scania Irizar i4 biogas buses on intercity routes serving Skånetrafiken in southern Sweden.
• LECAB Lastbilar ABminorChannel Partner/ Reseller/ DistributorLECAB serves as Irizar's Swedish representative handling delivery and service coordination for buses in Sweden.
• EMT MadridcoreStrategic or Co-development PartnerEMT Madrid installed a 1 MWh static energy storage system using second-life batteries from three Irizar e-mobility electric buses. The system operates within EMT's smart charging platform, reducing power peaks and optimizing energy costs for the electric bus fleet as part of Spain's PERTE VEC programme.
• IbilcoreStrategic or Co-development PartnerIbil agreement allows Irizar to offer second-life battery applications. Batteries from electric buses that complete their vehicle lifecycle are reused as energy storage elements in charging infrastructure that Ibil is developing.
• Irizar e-mobilitycoreStrategic or Co-development PartnerIrizar e-mobility is a Group company dedicated to complete electromobility solutions for vehicles and their main components and systems for cities. Located in Aduna, Spain, it is Europe's first plant entirely dedicated to electromobility.
• HispacoldcoreTechnology or IntegrationGroup company specializing in HVAC systems for buses, coaches, and railway vehicles.
• MasatscoreTechnology or IntegrationGroup company producing components and systems for electric and pneumatic doors, platform doors, and wheelchair lifts for road and rail transport.
• JemacoreTechnology or IntegrationGroup company specializing in power electronics, smart grids, photovoltaic plants, solar energy, multiplexing, R&D electronic projects, and HMI.
• CreatiocoreTechnology or IntegrationIrizar's proprietary R&D center for applied research and technological development of products and proprietary systems.
• Hertfordshire County CouncilminorStrategic or Co-development PartnerHertfordshire County Council showcased Irizar ie-tram vehicle at public consultation events for the HERT trackless tram system, a £2 billion project connecting Harlow, Hertford, Hatfield, St Albans, and Hemel Hempstead.

Scale indicators8 records

Recent moves10 records

Expansion highlights6 records

Broad incumbents

• Scania: Swedish truck and bus manufacturer and a strategic bodywork partner with Irizar for the i4 biogas bus in Nordic markets. Scania also competes with Irizar in chassis-supplied complete bus offerings in many European tenders.
• Volvo Buses: Swedish bus and coach manufacturer with a full BEV and FCEV city bus range. Volvo is also a distribution partner for Irizar in Czech Republic, creating a hybrid competitor/partner relationship. Global scale and capital access position it as a major competitive threat.
• MAN Truck & Bus (Traton): Volkswagen-owned commercial vehicle group offering the MAN Lion's City E electric bus. A large incumbent with global scale, deeper R&D budget, and direct competition with Irizar in European municipal tenders.
• Daimler Truck / EvoBus: Mercedes-Benz and Setra bus brands under Daimler Truck. Major European coach and city bus competitor with substantial hydrogen and BEV investments, deep service network, and corporate capital access that Irizar's cooperative lacks.

Regional players

• New Flyer (NFI Group): North American market leader for heavy-duty transit buses (Xcelsior CHARGE NG BEV) with Alexander Dennis partnership. Primarily serves US/Canada, providing a regional comparison point for Irizar's US market entry via Irizar USA.

Direct peers

• Alexander Dennis Limited (ADL): UK-based leading bus manufacturer with a strong electric bus portfolio (Enviro400EV) and North American presence (NFI/ADL partnership). Direct competitor to Irizar in UK and Commonwealth public transit markets.
• VDL Bus & Coach: Dutch integral bus and coach manufacturer with a full BEV and hydrogen city bus range (Citea). Direct competitor to Irizar in European public transit tenders, similar in size and cooperative-adjacent ownership structure.
• Solaris Bus & Coach: Polish manufacturer of city buses, intercity coaches, and trolleybuses with a strong electric bus portfolio. Direct competitor to Irizar in European e-bus tenders, with comparable scale and similar municipal customer base.

Emerging players

• BYD: Chinese EV and bus manufacturer with strong vertical integration in batteries and vehicles. BYD has made major inroads in European e-bus tenders through aggressive pricing, posing a long-term threat to Irizar's European incumbency.
• Yutong: Chinese bus manufacturer and one of the world's largest by volume, with growing BEV and FCEV bus exports to Europe. Aggressive pricing and state backing make Yutong a major emerging threat in cost-sensitive tenders where Irizar's premium positioning is a disadvantage.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/irizar
• LinkedInlinkedin.com/company/irizar

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries16 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Irizar