Company: ZCARW
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-110391
Chunk: 1046

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part II, Item 1A
Chunk 1046
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 could adversely affect our raw materials or transportation costs. These events also could cause or act to prolong an economic
recession in the United States or abroad. In addition, the disaster recovery and business continuity plans we have in place currently
are limited and are unlikely to prove adequate in the event of a serious disaster or similar event. We may incur substantial expenses
as a result of the limited nature of our disaster recovery and business continuity plans and, more generally, any of these events could
cause consumer/ member confidence and spending to decrease, which could adversely impact our operations.

We may be unable to successfully grow our
business if we fail to compete effectively 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, 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.

110

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 listing requirements of
OT