diff --git a/versions.mk b/versions.mk
index b17d58a..c6bae69 100644
--- a/versions.mk
+++ b/versions.mk
@@ -12,7 +12,7 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 
-VERSION ?= v0.7.0
+VERSION ?= v0.8.0
 MODULE := github.com/NVIDIA/k8s-driver-manager
 
 vVERSION := v$(VERSION:v%=%)