Rivian Automotive (NASDAQ: RIVN) reported lower production and delivery totals in the fourth quarter of 2025, marking its first full quarter of results following the expiration of a key U.S. federal electric-vehicle tax credit.

The electric vehicle manufacturer said it produced 10,974 vehicles and delivered 9,745 vehicles during the fourth quarter ended December 31, 2025. That compares with 12,727 vehicles produced and 14,183 delivered in the fourth quarter of 2024. The decline followed the September 30 expiration of a federal EV tax credit worth up to $7,500, which was enacted under tax legislation signed by Donald Trump in July. Rivian experienced a surge in demand ahead of the cutoff, with customers accelerating purchases to qualify for the incentive.

In the third quarter of 2025, Rivian delivered 13,201 vehicles, a 32% increase from the 10,018 vehicles delivered in the same period a year earlier, reflecting that pull-forward demand.For the full year 2025, Rivian reported 42,284 vehicles produced and 42,247 delivered, down from 49,476 produced and 51,579 delivered in 2024. The company said the results were in line with internal expectations.

Rivian attributed part of the decline to a three-week shutdown of its manufacturing facility in Normal, Illinois, during September and October. The pause allowed the company to retool the plant in preparation for its upcoming R2 sport-utility vehicle, which is scheduled to launch in 2026.

The R2 is expected to be priced lower than Rivian’s current lineup, a move the company believes will broaden its customer base and improve long-term profitability.Rivian is also increasing its focus on artificial intelligence and autonomous driving technology. Beginning in 2026, the company plans to charge for its hands-free driving feature, creating a new recurring revenue stream as vehicle deliveries remain under pressure.

Despite the year-over-year declines, Rivian said the production slowdown and delivery drop were anticipated as part of its broader strategy to reposition the business ahead of its next generation of vehicles.

About Rivian Automotive

Rivian Automotive (NASDAQ: RIVN) is an American electric vehicle manufacturer headquartered in Irvine, California. The company designs and produces electric pickup trucks, SUVs, and commercial delivery vehicles, with manufacturing operations based in Normal, Illinois. Rivian is focused on expanding its product lineup, advancing autonomous driving technology, and improving long-term profitability through new vehicle platforms and software-based services.

At the time of publishing, Stocks.News does not hold positions in companies mentioned in the article.