Volkswagen Calls On Tesla, Rivian Veteran To Tackle EV Software Challenges
Portfolio Pulse from Benzinga Neuro
Volkswagen AG has hired former Tesla, Rivian, and Google executive, Sanjay Lal, to address software issues in its electric vehicle (EV) sector. The company's Cariad software unit has been underperforming, causing delays in the launch of Porsche and Audi electric models. Lal will head a new software design hub for future EVs under the Cariad division. The move is seen as crucial for Volkswagen's ability to compete with industry leaders like Tesla and Rivian.
October 04, 2023 | 9:57 am
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Volkswagen's hiring of Sanjay Lal could potentially improve the performance of its Cariad software unit and enhance its competitiveness in the EV market.
The hiring of Sanjay Lal, a veteran from Tesla, Rivian, and Google, could potentially resolve the software issues that have been plaguing Volkswagen's EV sector. This could lead to improved performance of its Cariad software unit and enhance its competitiveness in the EV market, potentially having a positive impact on its stock.
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