Volvo Group and Daimler Truck form 50/50 JV for software-defined heavy-duty vehicle platform.

Volvo Group and Daimler Truck have established a 50/50 joint venture to develop a software-defined platform for heavy-duty vehicles, aiming to set an industry standard. Headquartered in Gothenburg, Sweden, the venture will focus on creating a truck operating system and control units for commercial vehicles, allowing for advanced data handling. The partnership is expected to finalize in the first half of 2025, pending regulatory approvals.

October 28, 2024
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