Volvo and Daimler Launch Software Joint Venture ‘Coretura’ to Cut Costs and Supplier Reliance

European truck giants AB Volvo and Daimler Truck have announced the launch of a joint venture named Coretura, aimed at developing a software-defined vehicle platform to lower costs and reduce their heavy reliance on external suppliers.

The move comes as the truck industry—like the broader automotive sector—races to deliver more technology-integrated vehicles while facing mounting pressure to improve cost-efficiency and production timelines.

Currently, truck manufacturers are dependent on suppliers because vehicle software is tightly integrated with hardware. Coretura’s goal is to break that link and offer an industry-wide standard platform that truckmakers can build upon more independently.

“We’re very much dependent on suppliers, which drives both cost and sometimes delays,” said Daimler Trucks CEO Karin Radstrom. “We’re now exploring the next generation of software we need for vehicles.”

The joint venture will be based in Gothenburg, Sweden, and will initially employ 50 staff. The first deliveries of the connectivity platform are targeted for 2027, with broader implementation expected by the end of the decade.

Coretura will be led by Johan Lunden, a veteran from Volvo, who emphasized that software will be critical to achieving future goals for sustainability, safety, and productivity in commercial transportation.

Despite being long-time rivals, Volvo and Daimler have previously partnered on initiatives such as hydrogen fuel cell technology and vehicle charging infrastructure.