Software-defined vehicles, Daimler Truck and Volvo name the new JV Coretura
Based in Gothenburg, the new company 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. 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.
Daimler Truck and Volvo announced the launch of Coretura AB, their joint venture aimed at transforming the commercial vehicle industry through a new software-defined vehicle platform. Following the binding joint venture agreements signed on October 28, 2024, Daimler Truck and Volvo Group have obtained all required regulatory approvals and have now launched the new company Coretura.
Based in Gothenburg, the new company 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.
The mission of the joint venture Coretura
As stated by the partners, 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 joint venture blends the agility of a start-up with the stability and expertise of our major shareholders. We are proud and energized to lead the digital transformation in the commercial vehicle industry—backed by strong shareholder support and committed to shaping the industry’s future.” said Johan Lundén, CEO of Coretura.
“Coretura represents a natural step forward in the evolution of commercial vehicles. By leveraging cutting-edge technology and collaborative innovation, we’re setting the stage for a new era of connectivity and efficiency in the industry. This venture underscores our commitment to not only advancing our products but also paving the way for sustainable and intelligent transportation solutions”, commented Martin Lundstedt, President and CEO of the Volvo Group.
“With Coretura, we are setting a clear strategic focus on software development for commercial vehicles. This is a big and really exciting step — not just for us, but for the entire industry and our customers”, added Karin Rådström, President and CEO of Daimler Truck.
