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Rivian Drops on Word of Lawsuit With Key Seat Supplier for Vans

An Amazon Rivian electric delivery van at Rivian’s manufacturing facility in Normal, Illinois.

An Amazon Rivian electric delivery van at Rivian’s manufacturing facility in Normal, Illinois.

Photographer: Jamie Kelter Davis/Bloomberg
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Rivian Automotive Inc. fell almost 7% Monday on word the electric-vehicle startup is in a dispute with a key seat supplier that could jeopardize its delivery van contract with patron Amazon.com Inc.

Rivian alleged in a lawsuit that Commercial Vehicle Group Inc., a New Albany, Ohio-based auto parts manufacturer, threatened to stop supplying seats unless the carmaker agreed to pay “approximately twice the agreed-upon price,” according to a copy of the complaint.