Truck makers Volvo and Daimler agree on software joint venture

Yeelen Möller

October 29, 2024

Karin Rådström, CEO of Daimler Truck, and Martin Lundstedt, President and CEO of the Volvo Group, sign the binding agreement to create a joint venture for a new software-defined vehicle platform for trucks /Daimler Truck

Volvo Group (the parent company of Volvo Trucks and Renault Trucks) and Daimler Truck (Mercedes-Benz Trucks) have signed a binding agreement for their new joint venture to develop a software-defined vehicle platform, which was announced earlier this year. After regulatory approvals, the new company
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