Volvo Group and Daimler Truck to form a 50/50 joint venture for developing common software-defined vehicle platform and OS for heavy-duty trucks.
Volvo Group and Daimler Truck to form a 50/50 joint venture for developing common software-defined vehicle platform and OS for heavy-duty trucks. Headquartered in Gothenburg, Sweden, the venture aims to become a leading standardized hardware & software developer, with benefits of accelerated development, increased volumes, and cost-sharing. The partnership is set to complete in Q1 2025, pending regulatory approvals.
May 17, 2024
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