Rivian Automotive (NASDAQ: RIVN) shares were dropping on Friday afternoon after the company made a surprising announcement. While most of the focus on the electric vehicle (EV) maker has recently related to the unveiling of its next-generation SUV, today's news was about its commercial delivery vans.

Shares plunged as much as 5.5% on news that the company has suspended production of the vans destined for e-commerce giant Amazon. While the stock clawed back some of that drop, it was still trading lower by 4.3% as of 2:30 p.m. ET.

Amazon placed a standing order for 100,000 electric delivery vans from Rivian to be delivered through the end of the decade. As of late last year, Amazon said it already had 10,000 Rivian vans in its delivery fleet. And Amazon isn't just a customer for Rivian. As an early investor, Amazon holds nearly 160 million shares, representing more than 16% ownership in Rivian as of April 29.

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Source Fool.com