#Sweden #Gothenburg #Volvo Group #Daimler Truck #Coretura

Coretura: A New Era in Commercial Vehicles

In a significant development for the commercial vehicle industry, Volvo Group and Daimler Truck have unveiled Coretura AB, a joint venture set to redefine how commercial vehicles operate in an increasingly digital landscape. Announced on June 17, 2025, Coretura aims to establish a new software-defined vehicle platform that promises not only to enhance connectivity and efficiency but also to set new industry standards.

The Vision of Coretura

The collaboration follows binding agreements between the two automotive giants signed on October 28, 2024, and has since cleared all necessary regulatory requirements. Based in Gothenburg, Sweden, Coretura commenced operations in early June 2025.

Karin Rådström, the President and CEO of Daimler Truck, emphasized the strategic importance of Coretura, stating, "With Coretura, we are setting a clear strategic focus on software development for commercial vehicles. This exciting venture is a major leap forward for our industry and our clients, marking the dawn of a digitally-driven future for trucks and buses."

Similarly, Martin Lundstedt, President and CEO of the Volvo Group, remarked on Coretura’s potential: "This joint venture represents a bold advance in commercial vehicle evolution, combining cutting-edge technology and innovative collaboration to enhance connectivity and efficiency. We are committed to paving the way for sustainable, intelligent transportation solutions."

Structure and Strategy

Coretura will operate under a four-member Executive Management team, with an equal representation from both shareholders. Johan Lundén has been appointed as CEO, having previously managed Strategic Product Planning and Project Innovation at Volvo Group. Under his leadership, Coretura is tasked with building a standardized, open software platform tailored for commercial vehicles—essentially creating the non-differentiating core that the industry has long needed.

Innovations in Vehicle Software

As commercial vehicles increasingly embrace digital technology, Coretura’s mission is to enable the specification and procurement of high-performance control units capable of managing extensive data loads. This development aims to decouple software and hardware cycles, allowing end customers to purchase and upgrade digital applications seamlessly and wirelessly, thereby improving safety, efficiency, and overall user experience.

Johan Lundén shared his excitement, stating, "This joint venture combines the nimbleness of a start-up with the stability and collective expertise of our well-respected shareholders. We aim to spearhead the digital transformation of the commercial vehicle sector, backed by robust shareholder support as we shape the industry's future."

Starting with a modest team of around 50, Coretura's growth will be incremental, allowing for resource pooling and investments to align with technological advancements and milestone achievements. With a focus on collaborative co-development with clients, Coretura is poised to introduce its initial products into the market by the end of the decade.

Both Volvo Group and Daimler Truck will continue to operate as independent competitors, differentiating their product and service offerings, including their unique digital solutions. Furthermore, Coretura is open to partnerships with both traditional and innovative suppliers who share its vision for a technologically advanced future in commercial transportation.

Conclusion

Coretura represents a landmark collaboration poised to enhance the future of commercial vehicles. By leveraging advanced technology and fostering innovation, this venture signifies a commitment not just to the products of today but to a smarter, more efficient tomorrow for the transportation industry. As Coretura sets out on its ambitious journey, the commercial vehicle sector watches closely with anticipation for the transformational impact it promises to deliver in the coming years.