Company: ZCARW
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001213900-25-059675
Chunk: 95

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 1
Chunk 95
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 with others to attract and retain our executive officers and other key management and technical
personnel.

We believe our future success
depends upon our ability to attract and retain highly competent personnel. Our employees are at-will and not subject to employment contracts.
We could potentially lose the services of any of our senior management personnel at any time due to a variety of factors that could include,
without limitation, death, incapacity, military service, personal issues, retirement, resignation or competing employers. Our ability
to execute current plans could be adversely affected by such a loss. We may fail to attract and retain qualified technical, sales, marketing
and managerial personnel required to continue to operate our business successfully. Personnel with the expertise necessary for our business
are scarce and competition for personnel with proper skills is intense.

In addition, new hires frequently
require extensive training before they achieve desired levels of productivity. Additionally, attrition in personnel can result from,
among other things, changes related to acquisitions, retirement and disability. We may not be able to retain existing key technical,
sales, marketing and managerial employees or be successful in attracting, developing or retaining other highly-qualified technical, sales,
marketing and managerial personnel, particularly at such times in the future as we may need to fill a key position. If we are unable
to continue to develop and retain existing executive officers or other key employees or are unsuccessful in attracting new highly-qualified
employees, our financial condition, cash flows, and results of operations could be materially and adversely affected.   

Risks Related to Our Operations as a Public
Company

The requirements of being a public company
may strain our resources, divert our management’s attention and affect our ability to attract and retain qualified independent
board members.

As a public company, we
are subject to the reporting and corporate governance requirements of the Exchange Act, the listing requirements of OTC Markets Group 
and other applicable securities rules and regulations, including the Sarbanes-Oxley Act and the Dodd-Frank Wall Street Reform and Consumer
Protection Act of 2010 (the “Dodd-Frank Act”). Compliance with these rules and regulations will increase our legal
and financial compliance costs, make some activities more difficult, time-consuming or costly and increase demand on our systems and
resources, particularly after we are no longer an “emerging growth company” as defined in the JOBS Act. Among other things,
the Exchange Act requires that we file annual, quarterly and current reports with respect to our business and results of operations and
maintain effective