Company: ZCARW
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-110391
Chunk: 143

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 143
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 of economic benefits from platform usage, ability to recover losses
associated with lost or damaged property, compliance with our platform’s terms of use, data privacy and security concerns, or other
reasons.

In addition, our success
also requires utilization of our platform by Guests to 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.

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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