Confirms expansions to 100+ fulfillment
centers with 1000+ car additions by December
2024
BENGALURU, India, Aug. 9, 2024
/PRNewswire/ -- Zoomcar, Zoomcar Holdings, Inc. ('Zoomcar' or the
'Company') (NASDAQ: ZCAR), the
NASDAQ-listed leading marketplace for self-drive car sharing, has
successfully launched their first Fulfillment Center in
Chennai with plans to add 100+
centers and 1000+ cars by
December 2024. These Fulfillment
Centers are operated by 3rd party service providers who are
verified, trained and guided by Zoomcar. Designed to elevate Guest
experiences, these centers manage end-to-end
operations of car listings on behalf of Hosts who want to earn by
sharing their cars but find it challenging to do it themselves.
The key success factors of top Zoomcar Hosts who earn up to
₹60,000 per month with a single car is a 4.5+ rating, easy
availability at high demand locations, and a good car model.
Zoomcar with its 11 years of expertise in running a car sharing
business helps these Fulfillment Centers on providing high-quality services to Guests. Hosts pay a
nominal fee to get an array of services from these centers like
managing their car, regular cleanliness, safe & secure parking
space at top locations in hot spots, delivery & pick up of car
to Guests & service centers, one-on-one
coordination with Guests, and many
more.
Cars managed through the Fulfillment Center are tagged as
'Assured by Zoomcar' on the Zoomcar app, offering Guests reliable
booking options with 24/7 pick-up and drop-off. Zoomcar's pilot in
Chennai has shown promising
results, where over 20 Hosts showed interest in listing their cars
within days of launch and got an average of 3 bookings within 24
hours of car listing.
Hiroshi Nishijima, CEO of
Zoomcar said, "Since
2013, we've been the largest
platform for self drive cars in India and we are obsessed with providing
assured bookings to our Guests. With our decade long experience we
wanted to extend our expertise to Hosts to simplify car sharing for
them and help manage their cars without any operational hustle.
It's like signing up for an SIP and getting regular returns."
"As a Zoomcar Host, I've been thrilled with the earnings
potential from car sharing. Signing up with the Fulfillment Center
has made the entire process incredibly easy and convenient. I no
longer have to worry about the logistics allowing me to earn a
steady income without any hassle. It's the perfect solution for
someone like me who wants to share my car but doesn't have the time
to manage it personally," said Mr. A Prathap, a satisfied
Zoomcar Host from Chennai.
Zoomcar previously operated on a car ownership business model
before it turned to a marketplace. Their expertise in providing
smooth Guest experiences over 11 years will translate into Host
success stories via these Fulfillment Centers. Zoomcar aims to grow
this model and encourage the addition of over 1000+ Hosts across
100+ cities by December 2024.
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 may contain forward-looking statements about
our plans, efforts, projections, goals, commitments, expectations,
or prospects related to the Fulfillment Centers launched in
partnership with our service providers. These forward-looking
statements reflect our management's current expectations with
respect to this partnership and enhanced Guest experience through
these Fulfillment Centers thereof and these statements may entail
significant risk and uncertainty. To identify these forward-looking
statements, we use terms such as "may," "will," "aim," "elevate",
"promising" "encourage," "estimate," "intend," "indicate,"
"continue," "promote," "believe," "grow", or "enhance," 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 we 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.
Media Contact:
Akarshit Gulati
akarshitg@avianwe.com
Bhagyashree Rewatkar
bhagyashree.rewatkar@zoomcar.com
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SOURCE Zoomcar Holdings, Inc.