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Volvo and Daimler launch Coretura software joint venture

The 50-employee venture aims to reduce supplier dependency whilst creating new industry standards for software. By Stewart Burnett

Volvo Group and Daimler Truck have announced the formation of a new joint venture, Coretura, which will develop software-defined vehicle platforms for heavy commercial vehicles. The Gothenburg-based company will begin operations in June with a headcount of 50 employees, and is targeting first product deliveries by 2027.

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