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Despite the rise of electric vehicles (EVs), the internal combustion engine remains a prevalent choice for consumers around the world. Factors such as infrastructure, affordability, and driving range contribute to this continued preference. In many regions, the availability of charging stations remains limited, making ICE vehicles a more practical option for long-distance travel. Moreover, the lower upfront costs of ICE vehicles, compared to most EVs, appeal to budget-conscious consumers.
One of the primary advantages of SPVs is their ability to protect the parent company from financial risk. By isolating assets and liabilities, companies can ensure that any potential financial difficulties faced by the SPV do not impact the parent organization. This is particularly important in industries with high volatility or significant regulatory scrutiny.
special purpose vehicle company
