"It'll revolutionise personal transport but we estimate it'll kill 40,0000 people in a horrible way per year"
Like many things that are harmful in some way cars got grandfathered in (as did alcohol and tobacco) - if someone came out with an equivalent of alcohol with the same side effects it would be banned immediately as well.
In fact the UK did exactly that with the psychoactive substances laws - we didn't ban a particular drug we banned any drug with a set of side effects - largely because the chemists got really good at tweaking the underlying chemical structure enough to evade the law.