What EMT Madrid does

EMT Madrid (legal name: Empresa Municipal de Transportes de Madrid, S.A.; N.I.F. A28046316) is the wholly municipal-owned public transport operator of the City of Madrid, structured as a Spanish Sociedad Anónima whose sole shareholder is the Ayuntamiento de Madrid. Founded in 1946/1947, it runs Spain's largest urban bus network — 2,150 buses across 229 lines — and operates a diversified portfolio of adjacent urban mobility services: 33 public car parks (EMT Aparcamientos), the 653-station Bicimad electric bike-share system, the Madrid Cable Car (Teléférico), a 24-hour airport express service (EMT Airport), 72-vehicle towing and mobility assistance (EMT Movilidad/Grúas), and the Electro-EMT EV charging network. The fleet is in active electrification, with 424 electric vehicles across 46 electric lines as of early 2026, including 8 Caetano H2 City Gold hydrogen buses.

The company monetizes through a mix of farebox revenue (single tickets, multi-trip travel passes, monthly subscriptions), parking subscriptions and rotation fees, Bicimad subscription passes, transaction fees on the cable car and towing services, advertising on buses and bus shelters, and an international consulting line (EMT Internacional). Distribution is direct-to-consumer across Madrid via the bus network, mobile applications (iOS/Android, plus first-of-kind Samsung Gear-S and Apple Watch apps), an Open Data REST/JSON API (opendata.emtmadrid.es) and a Mobility Labs developer portal.

Underlying technology includes a smart charging platform with a 1 MWh second-life battery energy storage system (deployed at the Fuencarral depot in January 2026 using recovered Irizar e-mobility batteries), an Nvidia-powered computer vision system for in-bus monitoring (deployed November 2025), autonomous depot management capabilities piloted under the EU Horizon 2020 SHOW project, an external anti-pedestrian-collision system (EAS Antiatropello), and evaporative cooling bus shelters developed with JCDecaux. A new 318-bus, €134.3M electric operations center at La Elipa entered procurement in June 2026. Customers are essentially all Madrid residents, commuters, and visitors; the binding external counterparty is the Madrid City Council as owner and capital funder.

Name

EMT Madrid

Legal name

Empresa Municipal de Transportes de Madrid, S.A.

Website

https://emtmadrid.es

Company type

Private

Founded year

1946

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

EMT Madrid is the municipally owned public transport operator of Madrid, running 2,150 buses across 229 lines plus parking, bike-sharing, cable car, towing, and EV charging services for the city's 3.3M+ residents and visitors.

Ownership category

akta.pro rank

Product category

Urban Public Transportation

NAICS

Bus and Other Motor Vehicle Transit Systems (485113), Transit and Ground Passenger Transportation (485)

SIC

Local & Suburban Transit & Interurban Hwy Passenger Trans (4100)

akta.pro primary industry

Public Transit Bus Operators (Municipal/Regional) (TLAFAAAI)

Keywords

• Public bus transport
• Urban mobility services
• Bike sharing network
• Public parking management
• Electric vehicle charging

Headquarters

HQ city

Madrid

HQ country

Spain

HQ region

Europe

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Public Transport Fares: Revenue generated from bus tickets and travel passes sold to passengers using the EMT Madrid bus network. Standard fares and multi-trip passes available for regular users.
2. Parking Services: Revenue from 33 public car parks offering rotation parking, resident subscriptions, and long-term rentals.
3. Towing and Vehicle Recovery Services: Revenue from vehicle towing and mobility assistance services, including documented removal and storage fees.
4. Bicimad Bike Sharing: Revenue from bike-sharing service Bicimad with 653 stations, offering subscription passes and usage fees.
5. Cable Car (Teléferico): Revenue from the Madrid Cable Car tourist attraction operated by EMT.
6. Advertising and Media: Revenue from advertising space on buses, bus shelters, and digital displays throughout the transport network.
7. International Consulting Services: EMT offers international consulting services under 'EMT Internacional | Consultoría' for other transport companies and municipalities.

Pricing tiers

Go-to-market motion1 record

Distribution channels7 records

Marketing channels10 records

Core offering

EMT Madrid operates the municipal public bus network of the City of Madrid across 229 lines with 2,150 vehicles, complemented by integrated urban mobility services: Bicimad bike-sharing (653 stations), 33 public car parks, Electro-EMT electric vehicle charging, EMT Movilidad towing services, an airport express bus, and the Teléferico cable car. The company also exposes real-time transport data through an open-data REST/JSON API and runs a Mobility Labs developer portal.

Product overview

EMT Madrid operates as a multi-service public transport company offering a unified portfolio of urban mobility services. The core offering is the EMT Bus network (229 lines, 2,150 vehicles), complemented by complementary services including EMT Movilidad for vehicle relocation (72 units), EMT Aparcamientos for parking (33 facilities with BiciPARK), Electro-EMT for electric charging infrastructure, Bicimad bicycle sharing (653 stations), and airport express service. Supporting infrastructure includes Mobility Labs developer portal with Open Data API, free WiFi on all buses, Educabús educational program, and the Museo EMT Madrid museum. The company is undergoing electrification with 424 electric vehicles in operation across 46 electric lines as of February 2026, including 8 hydrogen-powered Caetano buses. New infrastructure includes cooling bus shelters and a planned electric bus operations center at La Elipa.

Differentiator

Problem solved

Functional benefit

Brands

• Bicimad: Electric bike-sharing service operated by EMT Madrid with 653 stations across the city.
• Electro-EMT
• EMT Movilidad
• EMT Aparcamientos
• EMT Bus
• Teléferico de Madrid
• Educabús
• Creemos en tu autonomía

Products and services

• EMT Bus — Urban Bus Network Core urban bus transport service operating 229 lines with 2,150 buses across Madrid, providing city-wide public surface transportation for residents and visitors.
• Bicimad — Public Bike Sharing Public electric bike-sharing service with 653 stations across Madrid, offering a sustainable mobility option for short-distance urban trips and last-mile connectivity.
• EMT Aparcamientos — Public Parking Network Network of 33 public car parks operated by EMT offering rotation parking, resident subscriptions, long-term rentals, BiciPARK bicycle parking, and disuasorio (park-and-ride) facilities for commuters.
• EMT Movilidad (Grúas) — Towing and Vehicle Recovery Vehicle relocation and mobility assistance service using 72 tow trucks to remove illegally parked vehicles, manage car pound operations, and provide online vehicle-location tracking for owners.
• Electro-EMT — Electric Vehicle Charging Service Public electric vehicle charging network operated by EMT, supporting the electrification of EMT's own bus fleet and providing charging infrastructure to electric vehicle users in Madrid.
• EMT Airport Express Bus Service Express airport connection service running between Atocha Station and Cibeles to Madrid-Barajas Airport, providing 24-hour uninterrupted service for air travelers.
• EMT Open Data REST/JSON API Public REST/JSON API under Open Data license providing real-time bus arrival times, geographic data, line information, and route planning services for third-party application developers (endpoints include GetArriveStop, GetGroups, GetListLines, geo-specific services).
• Teléferico de Madrid — Cable Car Tourist cable car attraction operated by EMT Madrid, connecting Casa de Campo with Argüelles, offering a sightseeing and mobility experience for visitors.
• EMT Internacional — Transport Consulting Services International consulting arm offering EMT's expertise to other transport companies and municipalities on operating large urban bus networks, fleet electrification, smart charging, and multimodal mobility.

Quantifiable outcome

• 6,363 passengers transported without safety incidents during autonomous bus pilot
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability4 records

Feature7 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Irizar e-mobilitycoreTechnology or Integration · 8 January 2026Supplier of electric buses whose second-life batteries are being repurposed for the 1 MWh energy storage system at EMT's Fuencarral depot. Three Irizar ie tram electric buses provided batteries for the stationary energy storage installation supporting EMT's electric bus charging infrastructure.
• JCDecauxcoreTechnology or IntegrationDeveloped innovative cooling bus shelters for EMT Madrid featuring evaporative cooling technology that reduces ambient temperature by up to 9°C. Shelters installed at Pavones and Villaverde Cruce areas include integrated photovoltaic panels for sustainable energy supply.
• KearneycoreStrategic or Co-development PartnerGlobal consulting firm partnered with Madrid Green Urban Mobility Lab coalition (50+ organizations) to develop comprehensive urban mobility plan featuring integrated mobility hubs, micro-hubs, and parcel locker networks to address urban congestion and inefficient logistics.
• NvidiacoreTechnology or IntegrationTechnology collaboration for AI vision system implementation in EMT buses. Nvidia's technology powers the artificial intelligence system that uses existing bus cameras to detect and analyze passenger and interior conditions in real-time.
• Horizon 2020 SHOW ProjectcoreStrategic or Co-development PartnerEU research initiative under Horizon 2020 framework funding autonomous bus depot management pilot at Carabanchel. EMT participated in 11-month trial testing autonomous vehicle services including internal transport, autoparking, and teleoperation, successfully transporting 6,363 passengers without incidents.
• Fundación Agustín de BetancourtminorStrategic or Co-development PartnerCollaboration agreement signed for organization of World Infrastructure Forum (WIF) to be held in Madrid October 28-29. EMT, through Madrid City Council, will participate in organizing committee providing support throughout the project.
• Madrid Green Urban Mobility LabcoreStrategic or Co-development PartnerCoalition of over 50 public and private organizations launched to develop comprehensive urban mobility plan for Madrid. Initiative addresses severe congestion and inefficient logistics through integrated mobility hubs, distributed micro-hubs, and city-wide parcel locker network.
• Madrid City CouncilcoreOthersEMT Madrid is owned by the Madrid City Council. The council exercises governance through delegated president Borja Carabante and provides public funding for infrastructure projects including new Centro de Operaciones de La Elipa and participation in PERTE VEC electric vehicle program.

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Transports Metropolitans de Barcelona (TMB): TMB is the public municipal operator of bus and metro services in Barcelona, providing urban transit on a similar municipal-ownership model and multimodal scale to EMT Madrid. Both operate large bus fleets, integrate fares with regional transport authorities, and compete on innovation in Spanish urban mobility.
• Empresa Municipal de Transportes de Valencia (EMT Valencia): EMT Valencia is the municipal bus operator of Valencia, sharing the same 'EMT' branding and municipal ownership structure as EMT Madrid. Both run urban bus networks, parking services, and bicycle-sharing systems for major Spanish cities, with directly comparable operating models and customer bases.

Broad incumbents

• Régie Autonome des Transports Parisiens (RATP): RATP is the public operator of Paris and Île-de-France bus, metro, tram, and RER services, offering directly comparable urban bus operations at much larger scale. Its subsidiary RATP Dev also operates international bus contracts, making it the closest European comparator for EMT Madrid's municipal-ownership-plus-international-consulting model.
• Berliner Verkehrsbetriebe (BVG): BVG is the municipal public transport company of Berlin, operating urban buses, U-Bahn, tram, and ferries with comparable multimodal breadth to EMT Madrid. Both are publicly owned operators running large electric bus and digital-service initiatives on a single-city footprint.
• Transport for London (TfL): TfL is the integrated transport authority for Greater London, operating and contracting for the capital's bus network alongside tube, rail, and river services. It is the most direct European analog to EMT Madrid's combination of regulated monopoly, multimodal platform, and integrated contactless/open-data ticketing.
• Wiener Linien: Wiener Linien is the municipal public transport operator of Vienna, running buses, trams, metros, and night lines. Its city-owned, multimodal operations model and emphasis on digital ticketing and data services closely mirror EMT Madrid's strategic profile.
• STIB-MIVB (Brussels): STIB-MIVB is the public transport operator for the Brussels-Capital Region, operating buses, trams, and metros under municipal oversight. Comparable to EMT Madrid as a publicly owned, multi-modal urban transport authority with similar scale and service mix.
• Azienda Trasporti Milanesi (ATM Milano): ATM Milano operates buses, trams, metros, and trolleybuses in Milan under public ownership, with active EV fleet and depot digitisation programs. Comparable to EMT Madrid in multimodal breadth, fleet electrification, and city-scale operations within a Southern European context.

Regional players

• De Lijn: De Lijn is the Flemish regional bus and tram operator in Belgium, providing scheduled and demand-responsive public transport outside Brussels. While regional rather than purely urban, its public-ownership model, depot footprint, and electrification roadmap are structurally similar to EMT Madrid's.

Others

• Transdev: Transdev is a private operator of urban and intercity bus and rail services globally, including under contract to municipal authorities. It is a relevant ecosystem counterpart to EMT Madrid — both competing for and delivering outsourced municipal transport contracts and providing potential consulting/partnership counterparties.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights8 records

Customer concentration

• Xx.com/emtmadrid
• YouTubeyoutube.com/user/emtmadrid
• Facebookfacebook.com/EMTMadrid
• Instagraminstagram.com/emtmadrid
• LinkedInlinkedin.com/company/emt-madrid

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 EMT Madrid