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Mobility Pioneer Uri Levine Returns to Zoomcar as Chairman to Accelerate Growth in India

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Zoomcar Holdings (Nasdaq: ZCAR) has announced the appointment of Uri Levine, co-founder of Waze and Moovit, as Chairman of its Board of Directors, effective March 31, 2025. This strategic move aims to accelerate the company's growth in India's car-sharing market.

Levine replaces Mohan Ananda, who will transition to Chairman Emeritus while remaining an active board member. CEO Hiroshi Nishijima expressed confidence that Levine's expertise in building transformative mobility solutions will strengthen Zoomcar's position in emerging markets.

The appointment signals Zoomcar's renewed focus on the Indian market, where the company has seen significant momentum in providing accessible and flexible mobility solutions. Levine's role will include strategic oversight, mentorship, and active participation in growth initiatives.

Zoomcar Holdings (Nasdaq: ZCAR) ha annunciato la nomina di Uri Levine, co-fondatore di Waze e Moovit, come Presidente del Consiglio di Amministrazione, a partire dal 31 marzo 2025. Questa mossa strategica mira ad accelerare la crescita dell'azienda nel mercato indiano del car-sharing.

Levine sostituisce Mohan Ananda, che diventerà Presidente Emerito mantenendo un ruolo attivo nel consiglio. Il CEO Hiroshi Nishijima ha espresso fiducia che l'esperienza di Levine nella costruzione di soluzioni di mobilità trasformative rafforzerà la posizione di Zoomcar nei mercati emergenti.

La nomina segna il rinnovato focus di Zoomcar sul mercato indiano, dove l'azienda ha registrato un significativo slancio nel fornire soluzioni di mobilità accessibili e flessibili. Il ruolo di Levine includerà supervisione strategica, mentorship e partecipazione attiva nelle iniziative di crescita.

Zoomcar Holdings (Nasdaq: ZCAR) ha anunciado el nombramiento de Uri Levine, cofundador de Waze y Moovit, como Presidente de su Junta Directiva, a partir del 31 de marzo de 2025. Este movimiento estratégico tiene como objetivo acelerar el crecimiento de la compañía en el mercado de car-sharing de India.

Levine reemplaza a Mohan Ananda, quien pasará a ser Presidente Emérito mientras sigue siendo un miembro activo de la junta. El CEO Hiroshi Nishijima expresó su confianza en que la experiencia de Levine en la construcción de soluciones de movilidad transformadoras fortalecerá la posición de Zoomcar en los mercados emergentes.

El nombramiento señala el renovado enfoque de Zoomcar en el mercado indio, donde la compañía ha visto un impulso significativo en la provisión de soluciones de movilidad accesibles y flexibles. El papel de Levine incluirá supervisión estratégica, mentoría y participación activa en iniciativas de crecimiento.

Zoomcar Holdings (Nasdaq: ZCAR)는 Uri Levine을 이사회의 의장으로 임명했다고 발표했습니다. 그는 Waze와 Moovit의 공동 창립자로, 2025년 3월 31일부터 임기가 시작됩니다. 이 전략적 결정은 인도의 카셰어링 시장에서 회사의 성장을 가속화하는 것을 목표로 하고 있습니다.

Levine은 Mohan Ananda를 대체하며, Ananda는 의장 명예직으로 전환하되 여전히 활동적인 이사로 남게 됩니다. CEO Hiroshi Nishijima는 Levine의 혁신적인 이동 수단 솔루션 구축에 대한 전문성이 Zoomcar의 신흥 시장 내 입지를 강화할 것이라고 확신을 표명했습니다.

이번 임명은 Zoomcar가 인도 시장에 다시 집중하고 있음을 나타내며, 이 회사는 접근 가능하고 유연한 이동 수단 솔루션을 제공하는 데 있어 상당한 모멘텀을 경험하고 있습니다. Levine의 역할에는 전략적 감독, 멘토링 및 성장 이니셔티브에 대한 적극적인 참여가 포함될 것입니다.

Zoomcar Holdings (Nasdaq: ZCAR) a annoncé la nomination de Uri Levine, cofondateur de Waze et Moovit, en tant que Président de son Conseil d'Administration, à compter du 31 mars 2025. Ce mouvement stratégique vise à accélérer la croissance de l'entreprise sur le marché du covoiturage en Inde.

Levine remplace Mohan Ananda, qui deviendra Président Émérite tout en restant membre actif du conseil. Le PDG Hiroshi Nishijima a exprimé sa confiance dans le fait que l'expertise de Levine dans la construction de solutions de mobilité transformantes renforcera la position de Zoomcar sur les marchés émergents.

Cette nomination signale le nouvel engagement de Zoomcar envers le marché indien, où l'entreprise a connu un élan significatif dans la fourniture de solutions de mobilité accessibles et flexibles. Le rôle de Levine comprendra la supervision stratégique, le mentorat et la participation active aux initiatives de croissance.

Zoomcar Holdings (Nasdaq: ZCAR) hat die Ernennung von Uri Levine, Mitbegründer von Waze und Moovit, zum Vorsitzenden des Aufsichtsrats zum 31. März 2025 bekannt gegeben. Dieser strategische Schritt zielt darauf ab, das Wachstum des Unternehmens im indischen Carsharing-Markt zu beschleunigen.

Levine ersetzt Mohan Ananda, der zum Ehrenvorsitzenden wird, während er weiterhin aktives Vorstandsmitglied bleibt. CEO Hiroshi Nishijima äußerte sein Vertrauen, dass Levines Expertise im Aufbau transformierender Mobilitätslösungen die Position von Zoomcar in aufstrebenden Märkten stärken wird.

Die Ernennung signalisiert Zoomcars erneuten Fokus auf den indischen Markt, wo das Unternehmen erhebliche Fortschritte bei der Bereitstellung zugänglicher und flexibler Mobilitätslösungen verzeichnet hat. Levines Rolle wird strategische Aufsicht, Mentoring und aktive Teilnahme an Wachstumsinitiativen umfassen.

Positive
  • Strategic appointment of Uri Levine, successful co-founder of Waze and Moovit, bringing proven expertise in scaling mobility platforms
  • Significant momentum reported in Indian market operations
  • Maintained Nasdaq listing status (ZCAR)
Negative
  • None.

BENGALURU, India, March 31, 2025 /PRNewswire/ -- Zoomcar Holdings, Inc. ("Zoomcar" or the "Company") (Nasdaq: ZCAR), the Nasdaq-listed leading marketplace for self-drive car sharing, announced today the appointment of Uri Levine, co-founder of Waze and Moovit, as Chairman of its Board of Directors, effective today March 31, 2025. This strategic move signals Zoomcar's renewed focus on driving rapid expansion, leveraging Mr. Levine's unparalleled expertise in revolutionizing mobility. Mohan Ananda, current Chairman, will remain an active member of the Board and will assume the title of Chairman Emeritus upon this transition.

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Mr. Levine, a globally recognized visionary in the mobility technology space, brings a proven track record of disruptive innovation and scaling successful ventures. His co-founding of Waze, the world's largest community-based traffic and navigation app, and Moovit, a leading Mobility as a Service (MaaS) platform, underscores his profound understanding of user-centric, data-driven strategies. This expertise is critical as Zoomcar accelerates its growth trajectory in the dynamic Indian market, a key focus for the Company.

"We are delighted to welcome Uri Levine back to Zoomcar as Chairman," said Hiroshi Nishijima, CEO of Zoomcar. "His strategic insights and proven ability to build and scale transformative mobility solutions will be instrumental in propelling our growth, especially within India. Uri's return reaffirms our commitment to leading the car-sharing revolution in emerging markets. I'm confident that with his contributions, the Company will benefit greatly as we continue our growth journey and ultimately deliver value to our shareholders."

Zoomcar has demonstrated significant momentum in India, driven by the increasing demand for accessible and flexible mobility solutions. Mr. Levine's appointment is expected to further strengthen the Company's strategic direction, optimize operations, and enhance its ability to capture the vast potential of the Indian market.

"I am excited to rejoin Zoomcar and contribute to its mission of democratizing mobility across emerging markets, with a strong focus on India," stated Mr. Levine. "Zoomcar's innovative business model and commitment to addressing the unique needs of these markets present a tremendous opportunity. I look forward to working closely with the team to drive growth, enhance user experience, and solidify Zoomcar's position as the leading car-sharing platform."

Mr. Levine's role as Chairman will encompass strategic oversight, mentorship, and active participation in driving Zoomcar's growth initiatives. His experience in navigating the complexities of emerging markets, especially India, will be invaluable in ensuring the Company's sustained success.

About Uri Levine:

Uri Levine is no stranger to making waves. A serial entrepreneur and visionary, in 2007, Mr. Levine co-founded Waze, the world's leading traffic and navigation app, which was acquired by Google in June 2013 for $1.1 billion. Today, Waze boasts over 140 million monthly active users across 185 countries. He was also an early board member and investor in Moovit, known as the "Waze for public transportation." Moovit, used today by over 750 million people globally, was acquired by Intel for $1 billion in 2020.

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 Statements

This press release contains forward-looking statements that are subject to a number of risks and uncertainties, many of which are beyond the Company's control. These forward-looking statements within the meaning under applicable law, can be identified by the use terms such as "may," "will," "aim," "empower," "estimate," "intend," "indicate," "continue," "promote," "believe," "boosting", "elevate," 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.

Press Contact:
Press@zoomcar.com 

Investor Relations Contact:
Investors@zoomcar.com 

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Cision View original content:https://www.prnewswire.com/news-releases/mobility-pioneer-uri-levine-returns-to-zoomcar-as-chairman-to-accelerate-growth-in-india-302415196.html

SOURCE Zoomcar

FAQ

What strategic changes does Uri Levine's appointment bring to Zoomcar (ZCAR) in 2025?

Uri Levine's appointment as Chairman brings strategic oversight, mentorship, and expertise in scaling mobility solutions, focusing on accelerating Zoomcar's growth in India's car-sharing market.

How will Uri Levine's experience with Waze benefit Zoomcar's (ZCAR) operations?

Levine's experience in building user-centric, data-driven platforms and navigating emerging markets will help optimize operations and enhance Zoomcar's position as a leading car-sharing platform.

What are Zoomcar's (ZCAR) expansion plans in India for 2025?

Zoomcar is focusing on rapid expansion in India, leveraging increasing demand for flexible mobility solutions and Levine's expertise in scaling mobility platforms.

What leadership changes occurred at Zoomcar (ZCAR) in March 2025?

Uri Levine became Chairman, while former Chairman Mohan Ananda transitioned to Chairman Emeritus while maintaining active board membership.
Zoomcar Holdings, Inc.

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