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Ripple cofounder says California should allow Chinese EVs for low-income buyers

Chris Larsen, the cofounder of Ripple, said California has imposed the "most regressive tax in the world." He said cheap Chinese EVs could help.

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Chris Larsen, the cofounder of Ripple, said California has imposed the "most regressive tax in the world." He said cheap Chinese EVs could help.

Ripple co-founder Chris Larsen urges California to allow $10,000 Chinese EVs like BYD’s Seagull for low-income drivers.