Bangalore, India – [28 November, 2024]: Zoomcar Holdings, Inc. (“Zoomcar” or the “Company”) (Nasdaq: ZCAR), the leading marketplace for car sharing in India, has announced the release of its latest whitepaper, “Growth Of Peer-to-Peer Car Sharing Marketplace.” This whitepaper provides an overview of the car-sharing industry in India, with a focus on Zoomcar’s peer-to-peer car sharing marketplace business model, market presence, and strategic enhancements.

By analysing global trends, emerging opportunities and current offerings, stakeholders including car owners, self-drive car users, potential business partners and micro entrepreneurs can gain valuable insights into the future of peer-to-peer car-sharing marketplace and its potential impact on urban mobility. Aimed to offer valuable insights into the car-sharing ecosystem, Zoomcar’s unique approach and contributions add to the evolving landscape of shared mobility.

Zoomcar’s whitepaper covers what is P2P car sharing, the factors that drive demand including urbanization, shift in lifestyle, growth of tech and environmental awareness. It also contains insights on car sharing’s potential in emerging markets, government’s outlook, global leader’s approach on the matter and how Zoomcar is solving car-sharing in India. 

“Car sharing is changing how people move, offering a smarter, more affordable, and sustainable alternative to owning a car,” said Hiroshi Nishijima, CEO of Zoomcar. “As cities grow and lifestyles evolve, the need for flexible transportation has become essential. Our whitepaper highlights the power of car sharing in solving real-world problems, and how Zoomcar is paving the way with innovative solutions that make mobility easy and accessible for everyone.”

Zoomcar’s whitepaper is a significant step towards Zoomcar’s efforts to grow the car sharing marketplace in India and changing the way Indian’s travel.

Download the whitepaper by clicking here.

About Zoomcar: Founded in 2013 and headquartered in Bengaluru, India, Zoomcar is a leading marketplace for car sharing focused in India. The Zoomcar community connects Hosts with Guests, who choose from a selection of cars for use at affordable prices, promoting sustainable, smart transportation solutions in India.

Forward-Looking Statement:

Except for any historical/factual information contained herein, this press release may contain forward-looking statements about our plans, efforts, goals, assumptions, commitments, expectations, or prospects inter alia related to Zoomcar’s  peer-to-peer car sharing business and reflect our management’s expectations for our business. These forward looking statements entail significant risk and uncertainty. To identify these forward-looking statements, we use terms such as “may,” “will,” “aim,” “enable,” “increase,” “estimate,” “intend,” “indicate,” “continue,” “expand,” “enhance,” “believe,” “elevate”, “supports,”, “ensure”, “drives,” “expect” or the negatives thereof, as well as other variations or comparable terminology. We ask that you read statements that contain these terms carefully because we believe this information is important for our investors and customers. Any forward-looking statement in this press release refers solely to what is accurate as of the day it is issued or based on assumptions that Zoomcar believes to be reasonable. The actual results and outcomes may materially differ due to various factors or events beyond our control which may not be foreseeable at all times. We cannot guarantee or assure any plan, initiative, projection, goal, assumption, commitment, expectation, or prospects set forth in this press release can or will be achieved. We undertake no obligation to alter or revise publicly any forward-looking statements, whether as a result of new information, future events, or otherwise, save and except as required by law.

Additionally, the press release may include references to market data and other statistical information from internal or third party sources that Zoomcar believes to be reasonable or that is based on Zoomcar’s  good faith estimates that are derived from both internal and third party sources.  None of Zoomcar or its affiliates have independently verified the accuracy or completeness of such information and none of Zoomcar, its respective affiliates, nor their respective advisors, directors, officers, employees, members, partners, shareholders or agents make any representation or warranty with respect to such information. Accordingly, none of Zoomcar and its respective affiliates, advisors, directors, officers, employees, members, partners, shareholders or agents or the providers of the third party information are responsible for any errors or omissions and expressly disclaim any responsibility or liability for any damages or losses in connection with the use of such information herein.

Press Contact:

•       Akarshit Gulati: akarshitg@avianwe.com
•       Bhagyashree Rewatkar: bhagyashree.rewatkar@zoomcar.com