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Story summary
- Jameson Detweiler announced Chip Motors will start producing the $15,000 four-seat Chip LSV early next year.
- McKinsey & Co. estimated the global micromobility market at $160 billion in 2022 and $340 billion by 2030.
- U.S. LSVs must stay under 25 mph, have headlamps, turn signals, mirrors and a windshield, lack airbags, and may operate on roads up to 35 mph.
