BENGALURU, India, Feb. 24,
2025 /PRNewswire/ -- A recent article published by ET
Now News, India's leading English
business news website, discussed the evolving transportation
landscape in India, and how peer
to peer car sharing models are transforming the future of mobility
by making self-drive accessible without having to operate a large
fleet. The "asset light model", as they call it, is game-changing
for the mobility market in India,
enabling sustainable and cost efficient transportation options.
Zoomcar Holdings, Inc. ("Zoomcar" or the "Company") (Nasdaq:
ZCAR), the Nasdaq-listed leading marketplace for self-drive car
sharing, was mentioned in the article which provides a platform for
vehicle owners to connect users looking for self-drive rental
vehicles, and was compared to Airbnb, which also does not own
assets. The article suggests that the "asset-light strategy"
deployed by companies like Zoomcar minimizes the need for capital
expenditures and positions the company to grow supply organically,
while optimizing operational costs and increasing sustainability of
growth.
Read the entire article referenced here:
https://www.etnownews.com/auto/the-rise-of-asset-light-mobility-in-india-article-118532251
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:
This press release includes statements that are or maybe
considered, "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995. Except for
statements of historical facts, these forward-looking statements
are based on assumptions relating to the Company's business,
revenue, earnings, margins, growth rates and other financial
results for future periods and these assumptions entail significant
risk and uncertainty including but not limited to risks identified
in the Company's most recent filing on Form 10-K and other SEC
filings, all of which are available on the Company's website. You
can identify forward-looking statements with words such as
"believes," "expects," "may," "will," "should," "seeks," "intends,"
"plans," "estimates," or "anticipates" or the negatives thereof, as
well as other variations or comparable terminology related to
Company's strategy, plans, projections or intentions. These
statements are not guarantees of future performance and undue
reliance should not be placed on them. 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,
commitment, expectation, or prospect 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.
Press Contact:
Press@zoomcar.com
Investors Contact:
Investors@zoomcar.com
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SOURCE Zoomcar
