Chris Larsen thinks California’s low-income drivers should have access to a car they can’t legally buy today.
During an interview on the podcast “On with Kara Swisher,” Larsen, the cofounder and executive chairman of Ripple, said that California should open its market to some Chinese-made electric cars. The sales, he said, should go to income-qualified buyers.
“The BYD Seagull, $10,000 car, fabulous car,” he said. “We should be letting that into California, at least for our low-income folks.”
Larsen’s proposal runs directly against where much of the US auto industry is pushing Washington policymakers. Last week, the Alliance for Automotive…
