The Latest Breaking News from Claire McDonough

GE Vernova lands Rivian’s CFO, leaving EV maker to find successor

GE Vernova is betting on the executive who helped take Rivian public.

Fortune · Sep 1

Rivian's CFO Is Leaving The Company

Claire McDonough spent six years with the EV startup and leaves as it races to ramp up R2 sales.

InsideEVs · Aug 27

Rivian Boosts Initial Georgia Plant Capacity To 300,000 Units

The EV startup said production at its new factory is still on track to begin in 2028. Rivian will build vehicles on its midsized platform there.

InsideEVs · May 1

Rivian finally shows it can actually sell cars for more than the price it costs to build them

The EV manufacturer earned a $110 million gross profit at its core automotive business in the fourth quarter, a milestone achievement for CEO RJ Scaringe.

Fortune · Feb 21, 2025

Rivian Says Policy Shifts Will Cost 'Hundreds Of Millions' This Year

There are many reasons to be cautiously optimistic about Rivian's future. The startup said on Thursday that it turned its first quarterly profit at the end of last year. It has streamlined production and its plans to launch the affordable R2 are moving at full speed. And let’s be honest, Rivian…

InsideEVs · Feb 21, 2025

CFOs have an essential role in innovation

Innovation requires resources. Chief financial officers have a large say in how the money is spent.

Fortune · Nov 22, 2024

Auto Industry Begs U.S. To Block 'Cheap' Chinese EV Imports From Mexico

Can America fend off rising Chinese automakers like BYD before it's too late?

InsideEVs · Feb 26, 2024

Rivian To Introduce Cheaper, Lighter Battery Pack In 2024: CFO

Claire McDonough said the new battery "takes thousands of dollars of costs out, additional mass out" and will be much easier to build.

InsideEVs · Dec 5, 2023

First Rivian R2 Model To Be Revealed In 2024, Priced From $40,000

Rivian’s first R2-based model will be a mid-size SUV crossover which could have a starting price of around $40,000 and a maximum retail price of $60,000, slotting right under the flagship R1S.

InsideEVs · Jun 22, 2023

Rivian’s R2 Compact Electric SUV Will Be Smaller and More Affordable

Rivian’s CFO teased that its next EV, the R2, will be a smaller SUV falling between $40,000 and $60,000 price range.

Inverse · Jun 21, 2023