Company: ZCARW
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-110391
Chunk: 881

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part II, Item 1
Chunk 881
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ed from a prior business model to our current business model, consisting of our asset-light
online platform for peer-to-peer car sharing. As a result of this transition, certain components of our financial statements have experienced
variation, and our operating history may not be indicative of our future growth or financial results. The limited history of our current
business model makes predicting our future operating and other results difficult, if not impossible, and there is no assurance that we
will be able to grow our revenues in future periods. Our results of operations are impacted by a number of factors, some of which are
beyond our control, and we may suffer adverse impacts to our further development as a result of circumstances which include decreasing
customer demand, increasing competition, declining growth of the car sharing industry in general, insufficient supply of vehicles on our
platform, or changes in government policies or general economic conditions. We will continue to develop and improve the features, functions,
technologies, and other offerings on our platform to increase our Guest and Host bases and volume of bookings on our platform. However,
the execution of our business plan is subject to uncertainty and bookings may not grow at the rate we expect. If our growth rates decline,
investors’ perceptions of our business and prospects may be adversely affected and the market price of our Common Stock could decline.

Existing and potential holders
of our securities should also consider the risks and uncertainties that a company with a limited history, such as ours, will face in the
evolving personal mobility solutions market. In particular, there can be no assurance that we will:

    ●
    successfully execute on our business plan, particularly in light of our current liquidity and capital resources;

    ●
    facilitate sufficient bookings to become profitable in the near-term if at all;

    ●
    attract increasing numbers of Hosts and Guests within our current market and future potential additional markets;

    ●
    increase penetration within our current markets through continued improvements in vehicle density, platform features and strategic marketing efforts;

    ●
    enable us to successfully execute our business plans;

    ●
    enhance our brand recognition and awareness;

    ●
    acquire new Hosts and Guests by increasing our market penetration with deeper market coverage;

    ●
    develop new platform functionality and features that enhance our ability to retain Guests and Hosts;

    ●
    develop, improve, or innovate our proprietary technology that allows for a sustainable competitive advantage;

    ●
    attract, retain, and manage a sufficient staff of management and technology personnel; or