Volvo and Daimler Join Forces to Launch Coretura AB Venture

Volvo Group and Daimler Truck, two of the leaders in the commercial vehicle industry, announce the launch of Coretura AB, their joint venture aimed at transforming the commercial vehicle industry through a new software-defined vehicle platform and establishing a new industry standard. Coretura will enable Volvo Group, Daimler Truck, and other future customers to provide differentiating stand-alone digital vehicle applications for their products.

Following the binding joint venture agreements signed on October 28, 2024, Volvo Group and Daimler Truck have obtained all required regulatory approvals and have now launched the new company Coretura.

Following the joint venture transaction, Coretura, based in Gothenburg, Sweden, began operations at the beginning of June 2025.

Coretura will be led by a four-member Executive Management team, two members from each shareholder. Johan Lundén has been appointed CEO.

He comes from Volvo Group, where he previously held responsibility for Strategic Product Planning, Project management, and Innovation management.

As commercial vehicles are becoming more digital, the mission of Coretura is to build the non-differentiating core, a standardised and open software-defined vehicle platform and dedicated commercial vehicle operating system.

Coretura’s activities also include specifying and procuring centralised high-performance control units for commercial vehicles that are capable of handling large amounts of data.

This will decouple software and hardware development cycles, allowing end customers to purchase and update digital applications wirelessly ‘over the air,’ enhancing safety, efficiency and customer experience.

Starting with around 50 employees, Coretura is set to grow stepwise. This allows the shareholders to pool resources and invest according to technical progress and milestone achievement.

Coretura thereby follows a collaborative co-development approach with its customers, aiming to launch its first products in vehicles by the end of the decade.

Volvo Group and Daimler Truck will remain competitors and continue to differentiate their product and service offerings, including their respective digital solutions.

Coretura is open to cooperation and invites new and traditional suppliers and partners who share its values to join in creating the industry's future.