Caymanian e-bike entrepreneur faces large loss after strict rules enforced
An entrepreneur who invested $65,0000 of her life savings into e-bikes has said the strict enforcement policy of the vehicles that began on 1 March has brought her business to the brink of bankruptcy.
Speaking at the People’s Progressive Movement ‘national listening tour’ event on 3 March at Constitution Hall in George Town, Juliet Levene said she had paid $50,000 for bikes – plus another $15,000 for shipping from overseas – before the government and the Royal Cayman Islands Police Service announced a crackdown of enforcement of elements of the Traffic Act that require the inspection, registration, licensing and insuring of e-bikes with battery assistance. For a more complete summary of the story, please see the below link:
Published on: Mar 05, 2026 02:58 PM