Company: ZCARW
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001213900-25-059675
Chunk: 333

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 1A
Chunk 333
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 book vehicles. Guests’ willingness to utilize our platform may depend, among
other factors, on Guests’ belief in the ease-of use, integrity, quality, availability, safety, cost-effectiveness, convenience
and reliability of our platform and the vehicles listed by Hosts for bookings thereon. Any shift in Guest preferences in the markets
in which we operate could have a material adverse effect on our business. Additionally, Guests may be reluctant or unwilling to use a
platform requiring Guests to provide personally identifiable information, payment information and driver’s license details, or
have their driving behaviors monitored during bookings. Further, Guests may be reluctant to book vehicles containing GPS-enabled tracking
or monitoring devices accessible by Zoomcar, or to use our platform at all due to the perception of the use of such devices.

If we do not retain existing Hosts, or
attract and maintain new Hosts, or if Hosts fail to provide an adequate supply of high-quality vehicles, our business, financial condition,
and results of operations may be negatively impacted. 

Our success in a given geographic
market depends on our ability to establish and grow the scale of our platform in that market by attracting Hosts and Guests to our platform.
We depend upon having Hosts register high quality vehicles on our platform, maintain the safety and cleanliness of their vehicles, and
ensure that the descriptions and availability of their vehicles on our platform are accurate and up-to-date. These practices are beyond
our direct control and the number of vehicles shared by Hosts and resulting bookings options available to Guests on our platform may
decline based on a number of factors including, among other things, public health and safety concerns, including pandemics/epidemics;
economic, social, and political factors; state laws and regulations regarding car sharing, or the absence of such laws and regulations,
challenges obtaining, insuring, financing and servicing vehicles to list on the platform, some of which may be exacerbated by infrastructure
challenges in the emerging market where we operate our business. If Hosts register and offer fewer high-quality vehicles to Guests on
our platform, our bookings and revenues may decline, and our results of operations could be materially adversely affected. Further, if
Hosts with available vehicles choose not to offer their vehicles through our platform because competitive carsharing platforms emerge
that Hosts find more attractive than our platform, Hosts may be unwilling to continue registering vehicles or making them available for
bookings through the platform. For example, Hosts may cease or reduce vehicle registrations