- Rivian sales dropped following the expiration of federal tax credits.
- Fourth quarter sales fell 31.3%, pushing full year sales down 18.1%.
- The company said both declines were in line with their expectations.
2025 is firmly in the rearview mirror and that means sales data is starting to trickle out. Rivian is among the first out the door as they’ve revealed some disappointing results following the elimination of the electric vehicle tax credit in September.
Without further ado, the company delivered 9,745 vehicles in the fourth quarter of 2025 and that compares to 14,183 last year. This is a steep 31.3% decline, but there was little doubt sales would slow down following the elimination of the federal incentive.
Review: The 2025 Rivian R1S Is An Imperfect, But Promising Look At The Future
For the entire year, Rivian delivered 42,247 vehicles in 2025. That’s down from 51,579 trucks and SUVs in 2024, which represents a decline of 18.1%.
In terms of production, the company made 10,974 vehicles in the fourth quarter and 42,284 units for the year. That’s keeping pace with demand, but those numbers are down from 12,727 and 49,476 last year.
While the numbers aren’t good, the automaker said they’re in line with expectations. The company didn’t have much else to say, but noted their fourth quarter and full year 2025 financial results will be released on February 12th.
Investors seem to be taking the news in stride as Rivian stock is down 1.95% to $19.32 per share as of this writing. Furthermore, it’s worth noting the stock has climbed significantly over the past year as it was $13.25 on January 2, 2025.
A Busy Year Ahead
While 2025 wasn’t a great year for Rivian, the company has a lot planned for 2026. The highly anticipated R2 is scheduled to launch in the first half of the year and it’s slated to start at $45,000.
Rivian hasn’t released full details, but has previously said the model rides on an all-new platform and will be offered with two different battery packs, including one that provides more than 300 miles (483 km) of range. We can also expect single-, dual-, and tri-motor powertrains with the latter allowing for a 0-60 mph (0-96 km/h) time of less than three seconds.
Furthermore, the company recently announced a slew of new updates including Universal Hands-Free Driving. It’s coming to the R1 lineup soon and will allow for hands-free driving on more than 3.5 million miles (5,632,704 km) of roads in the United States and Canada. It will be part of a new Autonomy+ subscription that costs $49.99 per month or $2,500 as part of a one-time purchase.
