Company: ZCARW
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001213900-25-014437
Chunk: 976

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-02-14
Form: 10-Q
Item: Part I, Item 2
Chunk 976
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 disclosure, corruption and anti-bribery, and unfair commercial practices. In addition, climate change and greater emphasis
on sustainability could lead to regulatory efforts to address the carbon impact of transportation and mobility, which could have a negative
impact on our business.

106

In addition, the cities /states
in which we have business operations may in the future enact new laws and regulations relating to emissions and other environmental matters
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. 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,