Volvo Group and Daimler Truck intend to form a joint venture for a software-defined vehicle platform to amplify digital transformation
• Volvo Group and Daimler Truck share the ambition to lead transformation to software-defined heavy-duty commercial vehicles to enhance customer efficiency and experience. • Both companies intend to create a joint venture to become the leading developer of a software-defined heavy-duty vehicle platform, including software and hardware, providing the basis for differentiating digital vehicle features. • The new company is intended to be a 50/50 joint venture to be headquartered in Gothenburg, Sweden.As two leading companies in the commercial vehicle industry, Volvo Group and Daimler