How to Remove the form value After Submit in React from below code?

How can I remove the Input data after submitting the form?

import React from 'react';
import { Form } from 'react-bootstrap';

const AddItem = () => {


    const handleItemSubmit = (event) => {
        event.preventDefault();
        const carName = event.target.carName.value;
        const companyName = event.target.companyName.value;
        console.log(carName, companyName);

    }
    return (
        <div className='w-50 mx-auto mt-5 py-5 d-block'>
            <Form onSubmit={handleItemSubmit}>
                <Form.Group className="mb-3" controlId="formBasicCarName">
                    <Form.Control name="carName" type="text" placeholder="Enter Car Model Name" />
                </Form.Group>

                <Form.Group className="mb-3" controlId="formBasicCompany">
                    <Form.Control name="companyName" type="text" placeholder="Enter Company Name" />
                </Form.Group>
                <button className='btn btn-primary' variant="primary" type="submit">
                    Submit
                </button>
            </Form>
        </div>
    );
};

export default AddItem;

Here I Took two input and get the data by using OnSubmit. Ant I can get the data easily. But I want to reset the value after submit with same button called "submit".

reset the form like this:

const handleItemSubmit = (event) => {
     event.preventDefault();
     const carName = event.target.carName.value;
     const companyName = event.target.companyName.value;
     console.log(carName, companyName);
     event.target.reset(); //add this line
}