Irizar e-mobility

What Irizar e-mobility does

Irizar e-mobility is a Spanish manufacturer of fully electric buses, trams, and trucks, headquartered in Aduna, Gipuzkoa. It is a subsidiary of the Irizar Group, a Basque industrial cooperative with more than 125 years of vehicle manufacturing heritage, and operates as a specialized EV-focused unit built around in-house battery, powertrain, and vehicle electronics development.

The company designs, manufactures, and services zero-emission heavy vehicles, principally the Irizar ie bus platform, the Irizar ie tram, and the Irizar ie truck. It pursues vertical integration in core EV subsystems, including third-generation battery technology developed through the BAT3 consortium, and participates in EU and national R&D programs covering hydrogen propulsion (COACH2), autonomous driving (AUTOMOST, AUTODRIVE), and vehicle cybersecurity (CIBERBUS). Vehicles are deployed in 55+ cities across Europe, with anchor deployments including EMT Madrid, RATP Paris, TMB Barcelona, KVB Cologne, CTS Strasbourg, Keolis Amiens, Arriva Netherlands, and AUVASA Valladolid.

The business model is predominantly B2G (business-to-government), selling customized electric vehicles to public transit authorities via multi-year fleet tenders, complemented by aftermarket service, charging infrastructure, and increasingly second-life battery programs with utilities such as Iberdrola. The company has 101-250 employees and runs manufacturing from its dedicated Aduna plant. Revenue is not publicly disclosed but is implied by cumulative fleet orders to be in the low-to-mid hundreds of millions of euros range.

Name

Irizar e-mobility

Legal name

IRIZAR E-MOBILITY, S.L.

Website

https://irizar-emobility.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

101–250 employees

Short description

Irizar e-mobility is a Spanish manufacturer of electric buses, trams, and trucks serving public transit authorities in 55+ European cities. Operating as a subsidiary of the 125-year-old Irizar Group, it designs proprietary battery, powertrain, and electronics systems and sells customized zero-emission vehicles through multi-year municipal fleet tenders.

Ownership category

akta.pro rank

Product category

Electric Commercial Vehicles

NAICS

Motor Vehicle Electrical and Electronic Equipment Manufacturing (33632), Electrical Equipment Manufacturing (3353), Electrical Equipment Manufacturing (33531), Switchgear and Switchboard Apparatus Manufacturing (335313)

SIC

Motors & Generators (3621), Electronic & Other Electrical Equipment (No Computer Equip) (3600), Switchgear & Switchboard Apparatus (3613)

akta.pro primary industry

Electric Drive Unit / E-Axle Manufacturing (Motors/Inverters/Gearboxes) (IMACACAC)

akta.pro secondary industries

EV Charging Hardware Manufacturing (AC/DC Chargers/Dispensers) (IMACACAE), Automotive Charging Hardware Manufacturing (On-board Chargers, Charge Inlets, DC-DC) (IMACAJAK), Charging Infrastructure Components (connectors, cables, dispensers, payment/controls) (IMAGAHAH), EV Charging Network Management & Software Services (CPMS, Monitoring, Billing) (TLAKAMAG), EV Charger Operations, Maintenance & Field Service (O&M) (TLAKAMAF)

Keywords

• Electric buses
• Electric vehicle manufacturing
• Charging infrastructure
• Urban electromobility
• Turnkey e-mobility solutions

Headquarters

HQ city

Aduna

HQ country

Spain

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Electric Vehicle Sales: Sale of 100% electric buses (Irizar ie bus), trams (Irizar ie tram), and trucks (Irizar ie truck) to public transport operators and municipal authorities. Vehicles are available in various configurations including 10m, 12m, and 18m articulated models.
2. Charging Infrastructure: Provision and installation of charging solutions including depot charging, pantograph charging stations, and smart charging systems. Includes infrastructure necessary for vehicle operation.
3. After-Sales Services: Tailored after-sales service including predictive maintenance, connected vehicle services, and fleet management. Supported by a global service network.
4. Consulting Services: Advisory services for electromobility transition, including route planning, infrastructure assessment, and operational optimization.
5. Turnkey Solutions: Complete electromobility solutions combining vehicles, charging infrastructure, and services for cities and transit operators.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Irizar e-mobility designs, manufactures, and supplies 100% electric urban vehicles including the Irizar ie bus, Irizar ie tram, and Irizar ie truck, along with proprietary battery systems, charging infrastructure (in-depot, pantograph, smart charging), and turnkey electromobility solutions. The company serves public transport authorities and municipal operators across 55+ cities worldwide.

Product overview

Irizar e-mobility is an electric vehicle manufacturer offering a portfolio of 100% electric vehicles consisting of three core products: the Irizar ie bus (urban bus), Irizar ie tram (articulated tram-style bus), and Irizar ie truck (light electric truck). The company manufactures its own batteries and provides comprehensive turnkey solutions including charging infrastructure (in-depot, pantograph, and smart charging systems), services (consulting, predictive maintenance, fleet management, connected vehicle), and technical components (energy storage management, electric powertrain, doors and climate control, driver assistance). The vehicles operate in over 55 cities worldwide and emphasize zero emissions, custom design, and reliability.

Differentiator

Problem solved

Functional benefit

Brands

• Irizar ie bus: 100% electric urban bus available in 10.6m, 12m, and 18m configurations
• Irizar ie tram
• Irizar ie truck

Products and services

• Irizar ie bus 100% electric urban bus offering capacity, comfort and efficiency. Features customized design and zero emissions operation. Available in 10.6m, 12m, and 18m articulated configurations for public transport operators and municipal authorities.
• Irizar ie tram 100% electric articulated vehicle combining tram-like aesthetics with urban bus flexibility. Features 155 passenger capacity in 18m configuration, zero emissions, and iconic urban electromobility design. Suitable for BRT systems and high-capacity urban routes.
• Irizar ie truck Light, versatile and sustainable 100% electric truck designed for urban logistics and distribution. Used for city services, last-mile delivery, and municipal logistics operations.

Quantifiable outcome

• Range exceeds 200 kilometers on single charge
• +2 more outcomes

Named customers17 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Ten partnerships are on record, tiered core.

• EMT Madrid and IberdrolacoreStrategic or Co-development Partner · 1 January 2025Second life project for electric batteries developed in collaboration with EMT Madrid and Iberdrola. Explores battery repurposing and lifecycle extension for sustainability.
• Visa Véhicules Industrielles SAcoreChannel Partner/ Reseller/ Distributor · 1 January 2025Distribution agreement for Swiss market. Irizar e-mobility strengthens presence in Switzerland through partnership with Visa Véhicules Industrielles SA for industrial vehicle distribution.
• NGE-BUS ConsortiumcoreStrategic or Co-development Partner · 1 January 2022New Generation of Efficient Urban Electric Buses project funded by SPRI HAZITEK 2022. Objective is to develop new specific urban electric bus platform maximizing energy efficiency, vehicle autonomy, and dynamic capacity.
• BAT3 ConsortiumcoreStrategic or Co-development Partner · 1 January 2022Development of next-generation batteries for electromobility sector in ENERGY segment. Funded by SPRI HAZITEK 2022. Objective is to extend IRIZAR E-MOBILITY battery range through R&D of third-generation batteries.
• CIBERBUS ConsortiumcoreStrategic or Co-development Partner · 1 January 2022Development of tools for manufacturing cyber-secure new bus and coach range. Funded by SPRI HAZITEK 2022. Objective is to minimize cyber-attack risks in manufacturing processes and products.
• COACH2 ConsortiumcoreStrategic or Co-development Partner · 1 January 2021Solutions for decarbonization of long-distance passenger transport using fuel cell propulsion systems. Funded by SPRI HAZITEK 2021. Research focuses on propulsion, storage, and vehicle structure solutions for zero-emission long-distance coaches with hydrogen fuel cell technology.
• DIGIZITY ConsortiumcoreStrategic or Co-development Partner · 1 January 2021EU-funded project (NextGenerationEU) for industrial research on innovative solutions to decarbonize, digitalize and automate urban transport with zero-emission buses. Partners include AVANZA SPAIN, IDNEO TECHNOLOGIES, INTERNACIONAL HISPACOLD, IRIZAR S.COOP., JEMA ENERGY, TELNET REDES INTELIGENTES. Research organizations: ITAINNOVA, TECNALIA Research & Innovation, CTAG.
• PERTE VEC-CAPITALcoreStrategic or Co-development Partner · 1 January 2021EU Next Generation funded project for technological adoption and industrial development of bus value chain and associated infrastructure for transport sector decarbonization with zero-emission solutions.
• CYBADEK ConsortiumcoreStrategic or Co-development Partner · 1 January 2019Technologies for safe development and operation of future land transport infrastructure. Funded by Basque Development Agency SPRI under HAZITEK 2019. Consortium includes Serikat, Alse, Datik, Eurocybcar, Masermic, S21sec, Sabico, Tesec, and Irizar e-mobility.
• iPOWER4.0 ConsortiumcoreStrategic or Co-development Partner · 1 January 2018Digital-Modelled Intelligent powertrain for connected electric bus project funded by SPRI HAZITEK 2018. Consortium includes Irizar e-mobility, Irizar, Jema, Datik, Alconza, ITS, and Virtualware. Objective is to research and generate knowledge for digital transformation of bus manufacturing processes and third-generation electric vehicles.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• BYD: World's largest electric bus manufacturer with vertically integrated battery-to-vehicle production. Competes directly with Irizar in European municipal tenders, offering cost-advantaged 12m city buses.
• Volvo Buses: Swedish OEM offering the Volvo 7900 Electric and BZL Electric urban buses. Directly comparable to Irizar as a European premium electric bus supplier with established transit authority relationships.
• Daimler Truck / Mercedes-Benz eCitaro: German OEM of the Mercedes-Benz eCitaro, one of the leading fully electric city buses in Europe. Competes head-to-head with Irizar in German, French, and broader European municipal tenders.
• Solaris Bus & Coach: Polish electric bus specialist with strong European footprint, offering the Solaris Urbino 12 electric and 18 articulated models. Closest mid-sized European competitor to Irizar in customization and city tenders.
• MAN Truck & Bus: German OEM offering the MAN Lion's City E fully electric city bus. Competes directly with Irizar for European municipal and concession contracts with similar urban bus product positioning.
• Scania: Swedish commercial vehicle manufacturer offering electric and hybrid urban buses. Direct competitor to Irizar in Northern European public transport tenders and fleet electrification projects.
• New Flyer (NFI Group): North America's largest transit bus manufacturer, with the Xcelsior CHARGE H2 and battery-electric models. Directly comparable as a zero-emission bus OEM with deep transit authority relationships.
• Alexander Dennis Limited (ADL): UK-based bus manufacturer offering the Enviro200 and Enviro400 electric models. Comparable to Irizar in the UK and European transit market, particularly for double-deck and BRT applications.
• Wrightbus: Northern Ireland-based bus OEM with strong UK electric bus market share (StreetDeck and StreetLite BEV). Comparable to Irizar as a specialist European electric bus manufacturer serving public transit customers.

Emerging players

• Yutong: Chinese electric bus OEM rapidly expanding in European markets with cost-competitive products. Increasingly competes with Irizar in tenders where total cost of ownership dominates over customization preference.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/irizar-e-mobility

Revenue estimate

Valuation estimate

Number of profiles

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 e-mobility