Company: ZCARW
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001213900-25-059675
Chunk: 351

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 1A
Chunk 351
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 reasonable terms, or at all. The successful assertion against us of one or more large claims that exceeds available
insurance coverage, or that results in changes to insurance policies (including premium increases or the imposition of large deductible
or co-insurance requirements), could have an adverse effect on our business. Our risks are likely to increase as we continue to expand,
grow our Host and Guest base, and process, store, and transmit increasingly large amounts of confidential, proprietary and sensitive
data. See Part I, Item 1C – Cybersecurity – for a more detailed discussion of our procedures relating to cybersecurity. 

We face competition and could lose market
share to competitors, which could adversely affect our business, financial condition and operating results. 

We face and expect to continue
to face competition from ride sharing companies, car rental and taxi companies. The car sharing market in particular is intensely competitive
and is characterized by rapid changes in technology, shifting guest needs and preferences, and frequent introductions of new services
and offerings. We expect competition to increase, both from existing competitors and new entrants in the markets in which we operate
or plan to operate, and such competitors may be well-established and enjoy greater resources or other strategic advantages. If Zoomcar
is unable to anticipate or successfully react to these competitive challenges in a timely manner, Zoomcar’s competitive position
could weaken, or fail to improve, and Zoomcar could experience a decline in revenue or growth stagnation that could adversely affect
Zoomcar’s business, financial condition and operating results.

Certain of our current and
potential competitors may have greater financial, technical, marketing, research and development skills and other resources, greater
name recognition, longer operating histories or a larger global user base than we do. Such competitors may be able to devote greater
resources to the development, promotion and sale of offerings, and they may be able to offer lower prices in certain markets than we
do, which could adversely affect our business, financial condition and operating results. These and other factors may allow our competitors
to derive greater revenue and profits from their existing user bases, attract and retain Hosts and Guests at lower costs or respond more
quickly to new and emerging technologies and trends. Current and potential competitors may also establish cooperative or strategic relationships,
or consolidate, amongst themselves or with third parties, which may further enhance their resources and offerings relative to ours. 

We believe that our ability
to compete effectively depends upon many factors both within and beyond our control, including but not limited to