Claire McDonough

The past week was a rollercoaster ride for the EV industry, with Tesla Inc. (NASDAQ:TSLA) making headlines in China and Japan, Rivian Automotive Inc. (NASDAQ:RIVN) announcing its Georgia facility’s timeline and a sweet partnership, and the “Big Three” automakers facing potential...

Rivian Automotive Inc. (NASDAQ:RIVN) CFO Claire McDonough said on Tuesday that its Georgia facility, where it will manufacture its R2 and R3 vehicles, is slated to come online in 2028. What Happened: Rivian is currently working on expanding its facility in Normal, Illinois, to start the production...

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk on Monday raised doubts about California-based EV startup Rivian Automotive (NASDAQ:RIVN) getting money from German automaker Volkswagen as part of a recently announced joint venture. What Happened: “Where will they get the money?,” Musk wrote on X...

California-based EV startup Rivian Automotive (NASDAQ:RIVN) is hoping to reap more benefits from its expected joint venture with the German Volkswagen Group in addition to an investment of up to $5 billion. What Happened: “We believe the expected joint venture with Volkswagen Group will allow...

EV maker Rivian Automotive Inc (NASDAQ:RIVN) said on Tuesday that it intends to increase annual production capacity at its Normal, Illinois, manufacturing plant to 215,000 vehicles, including 155,000 units of its upcoming R2 SUV. What Happened: Rivian was initially planning to manufacture its R2...

Rivian Automotive Inc. (NASDAQ:RIVN) CFO Claire McDonough revealed on Wednesday that decreased deliveries of its electric delivery vans (EDV) to online retail behemoth Amazon.com Inc. in the fourth quarter had a detrimental impact on the EV manufacturer’s...

Rivian Automotive, Inc. (NASDAQ:RIVN) delivered a robust third-quarter performance, surpassing Wall Street expectations, and raised its production outlook for the year. One of the highlights of the earnings call was the discussion surrounding the much-anticipated R2 electric vehicle platform....

EV maker Rivian Automotive Inc (NASDAQ:RIVN) said on Wednesday that its electric delivery vans will now be available for businesses besides online retailer Amazon.com Inc (NASDAQ:AMZN) to purchase. What Happened: “We have amended our Amazon agreement with terms and conditions, which provide...

Electric vehicle stocks closed the week ending March 25 on a mixed note, reacting to the return of risk appetite and some company-specific developments. Shares of EV leader Tesla, Inc. (NASDAQ: TSLA) reclaimed the $1,000 level, after trading under the mark for about two months, a week...