Company: ZCARW
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076590
Chunk: 292

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 2
Chunk 292
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associated with peer-to-peer car sharing operations, the peer-to-peer car sharing industry generally, and the operation of our business.
The interpretation and enforcement of such laws may involve significant uncertainties. New laws and regulations that affect our existing
and proposed future businesses may also be applied retroactively in ways that we cannot predict with certainty.

We cannot predict the effect
that the interpretation of existing or new laws or regulations may have on our business. Any of the foregoing or similar occurrences or
developments could significantly disrupt our business operations and restrict us from conducting a substantial portion of our business
operations in these jurisdictions, which could adversely affect our business, financial condition, or operating results.

Any failure or perceived
failure to comply with existing or new laws and regulations, including the ones described in these risk factors, or with orders of any
governmental authority, including changes to or expansion of their interpretations, may subject us to significant fines, penalties, criminal
and civil lawsuits, forfeiture of significant assets or enforcement actions in one or more jurisdictions. This failure or perceived failure
could also result in the imposition of additional compliance and licensure requirements on us, as well as increased regulatory scrutiny
of our business. In addition, we may be forced to restrict or change our operations or business practices, make updates or upgrades of
our platform, or delay planned launches or improvements of new features, functions, and technologies. Any of the foregoing could materially
adversely affect our brand, reputation, business, financial condition, and results of operations.

Geographic areas in which Zoomcar operates
and plans to operate in the future have been and may continue to be subject to political and economic instability. 

We currently conduct all
of our business operations in India (as of the date of this Form 10-Q, we have closed our operations in Indonesia and Egypt). Our growth
strategy is premised on the rapid expansion of our platform into emerging markets. Several of the countries in which we plan to operate
our business in the future may be, subject to instances of political instability, civil unrest, hostilities, terrorist activities and
economic volatility. Any such events may lead to, among other things, declines in Host and Guest demand for our platform, whether arising
from safety concerns, a drop in consumer confidence, a general deterioration of economic conditions, currency volatility, adverse changes
to the political and regulatory environment, or otherwise. Any such developments and any other forms of political or economic instability
in our markets may harm our business, financial condition, and