Daimler Truck and Volvo Group have launched Coretura AB, a 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 Daimler Truck and Volvo Group and other future customers to provide differentiating stand-alone digital vehicle applications for their products.

Following the binding joint venture agreements signed on 28 October 2024, Daimler Truck and Volvo Group 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 in the beginning of June 2025.

Coretura will be led by a four-member Executive Management team consisting of two members from each of the shareholders. Johan Lundén has been appointed as CEO coming from Volvo Group where he previously held responsibility for Strategic Product Planning, Project and Innovation management.

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

Coretura’s activities also include the specification and procurement of centralized high-performance control units at scale dedicated for commercial vehicles and capable of handling large amounts of data. This will enable the decoupling of 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 in accordance with technical progress and achievement of milestones. 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.

Daimler Truck and Volvo Group will remain competitors and continue to differentiate their range of product and services 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 future of the industry.