Company: ZCARW
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076590
Chunk: 479

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 4
Chunk 479
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driving behaviors monitored during bookings. Further, Guests may be reluctant to book vehicles containing GPS-enabled tracking or monitoring
devices accessible by Zoomcar, or to use our platform at all due to the perception of the use of such devices.

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If we do not retain existing Hosts, or attract
and maintain new Hosts, or if Hosts fail to provide an adequate supply of high-quality vehicles, our business, financial condition, and
results of operations may be negatively impacted. 

Our success in a given geographic
market depends on our ability to establish and grow the scale of our platform in that market by attracting Hosts and Guests to our platform.
We depend upon having Hosts register high quality vehicles on our platform, maintain the safety and cleanliness of their vehicles, and
ensure that the descriptions and availability of their vehicles on our platform are accurate and up to date. These practices are beyond
our direct control and the number of vehicles shared by Hosts and resulting bookings options available to Guests on our platform may decline
based on a number of factors including, among other things, public health and safety concerns, including pandemics/epidemics; economic,
social, and political factors; state laws and regulations regarding car sharing, or the absence of such laws and regulations, challenges
obtaining, insuring, financing and servicing vehicles to list on the platform, some of which may be exacerbated by infrastructure challenges
in the emerging market where we operate our business. If Hosts register and offer fewer high-quality vehicles to Guests on our platform,
our bookings and revenues may decline, and our results of operations could be materially adversely affected. Further, if Hosts with available
vehicles choose not to offer their vehicles through our platform because competitive car sharing platforms emerge that Hosts find more
attractive than our platform, Hosts may be unwilling to continue registering vehicles or making them available for bookings through the
platform. For example, Hosts may cease or reduce vehicle registrations or the periods of time they make cars available for bookings for
any number of reasons, such as competitor platforms having more Guests making bookings, risk of vehicle damage for which Hosts may not
be able to recoup damages from Zoomcar or for any other reason, we may lack sufficient supply of vehicles to attract Guests to utilize
our platform. If Hosts do not share sufficient numbers of vehicles, or if the vehicles they register to our platform are less attractive
to Guests than vehicles offered by competitors, our revenue would likely decline and our business, financial condition