Company: ZCARW
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076590
Chunk: 141

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 141
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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:

    ●
    acceptance of car-sharing and the use of our platform to solve transportation needs in the emerging markets in which we operate;

    ●
    our ability to attract and retain Guests and Hosts to use our platform;

    ●
    the popularity and perceived utility, ease of use, performance, and reliability of our platform;

    ●
    our brand strength and recognition;

    ●
    our pricing models and the prices of our offerings;

    ●
    our ability to manage our business and operations during a pandemic and related travel restrictions if and when imposed upon outbreak of a pandemic;

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    ●
    our ability to continue developing platform features which appeal to changing customer preferences;

    ●
    our ability to continue leveraging