Zohran Mamdani Targets Walmart, Amazon, Target and Others Over 'Illegal' E-Bikes and E-Scooters: 'Too Many Lives Have Been Cut Short'

Key takeaways

• New York City Mayor Zohran Kwame Mamdani has launched a crackdown on online retailers selling allegedly illegal high-speed e-bikes and e-scooters, targeting major platforms including Walmart Inc.
• 45 people killed while riding illegal e-bikes since 2017
• 14 people died in crashes involving illegal stand-up scooters
• 42 online retailers issued cease-and-desist orders

What happened

New York City Mayor Zohran Kwame Mamdani has launched a crackdown on online retailers selling allegedly illegal high-speed e-bikes and e-scooters, targeting major platforms including Walmart Inc.

Why it matters

The crackdown follows a recent crash involving an illegal device that killed a 17-year-old New Yorker, with Mamdani stating that 'too many lives have been cut short by high-speed, illegal e-bikes and e-scooters.'

Short-term and longer-term

Short-term. The crackdown on online retailers selling allegedly illegal high-speed e-bikes and e-scooters may have a negative impact on the stock prices of affected companies, particularly those with a large presence in New York…

Longer-term. The city's action may have significant implications for the e-commerce industry, particularly for companies with a large presence in New York City.