By David Sachs

Volkswagen Group's software company, Cariad, will enlist Rivian and Tesla veteran Sanjay Lal to speed up development of technology for digitization and electrification.

Lal will join a company that replaced its chief executive officer, chief financial officer and chief technology officer earlier this year following delays in the development of new electric vehicle models. Starting in November, Lal will lead the software-defined vehicle hub at Cariad to develop two vehicles for the German car maker, the company said.

"This hub will consist of a small team that will implement everything we need for rapid software development," Volkswagen Group Chief Executive Oliver Blume said. "Speed is the new imperative to stay competitive".

Lal was previously vice president of software platforms at Rivian, a U.S. electric SUV and truck manufacturer, and has held engineering leadership positions at Cisco, Tesla, and Android Automotive at Google, Cariad said.

Write to David Sachs at david.sachs@wsj.com

(END) Dow Jones Newswires

October 03, 2023 05:11 ET (09:11 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
Volkswagen (TG:VOW3)
Historical Stock Chart
Von Apr 2024 bis Mai 2024 Click Here for more Volkswagen Charts.
Volkswagen (TG:VOW3)
Historical Stock Chart
Von Mai 2023 bis Mai 2024 Click Here for more Volkswagen Charts.