Rivian CFO details 2024 cost reductions, future plans


Rivian’s Claire McDonough is confident the automaker will be able to draw upon the US$6.6bn in IRA loans to build its Georgia plant. By Stewart Burnett

In a 5 March 2025 Q&A on social media, Rivian Chief Financial Officer Claire McDonough offered an update on Rivian’s progress with the R2, its path to profitability, and potential future additions to its model line-up. Hinting at a smaller-still form factor that the upcoming R3 compact SUV, she remarked: “There’s a lot more magic still to come out of our design studio.”

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Rivian CFO details 2024 cost reductions, future plans



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