Volvo and Daimler Truck are committed to a joint future of heavy-duty software.

The Volvo Group, together with Daimler Truck, has reached a binding agreement to establish a joint venture focused on developing a software-defined vehicle platform for heavy-duty vehicles. The aim of this collaboration is to unlock a new level of transformation for the industry by setting a modern standard for software-based functions. The new company will be headquartered in Gothenburg, Sweden, and aims to develop a versatile and brand-independent operating system for trucks. This system will also be made available to other manufacturers of commercial vehicles, allowing them to utilize the platform to shape their own digital offerings. Although the Volvo Group and Daimler Truck are closely cooperating in this partnership, they remain competitors in other business areas. This ensures the distinctiveness of their product and service offerings, particularly regarding digital customer solutions. An initial joint statement was already issued in May when the two companies announced their plans to develop a joint software-defined vehicle platform. The joint venture will focus on the specification and procurement of high-performance control devices capable of processing large volumes of data. These devices are expected to significantly contribute to creating an operating system and tools that enable other manufacturers to develop their own digital functions. This will allow for the decoupling of software from hardware development and facilitate over-the-air updates. The finalization of this joint venture is expected in the first half of 2025, subject to all necessary regulatory approvals. Martin Lundstedt, President and CEO of the Volvo Group, emphasized: "We are joining forces to redefine the software architecture and usher in a new era of self-optimizing trucks. Together, we reduce complexity so that our customers can unlock higher connectivity, safety, and efficiency and continuously achieve better performance. This is a revolutionary response to the challenges of our modern world, and we are proud to set the industry standard.