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A special purpose vehicle is a subsidiary company created by a parent company to undertake specific projects or transactions. SPVs can be used for a variety of reasons, including asset securitization, risk management, or to circumvent regulatory hurdles. The fundamental premise behind SPVs is that they allow the parent company to isolate financial risk, ensuring that any liabilities remain confined to the SPV and do not affect the parent company's balance sheet.


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In the world of automotive maintenance, oil plays a crucial role in ensuring the smooth operation of vehicles. Among the various types of motor oils available, Standard Oil continues to hold a significant place in the market. Its long-established reputation and commitment to quality make it a preferred choice for many car owners. This article seeks to highlight the importance of Standard Oil for cars, covering its composition, benefits, and how it contributes to vehicle longevity.


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Battery prices have fallen dramatically over the past decade, from around $1,100 per kilowatt-hour in 2010 to below $150 per kilowatt-hour today. Many experts believe that when battery prices fall to around $100 per kilowatt-hour, electric cars will reach price parity with gas-powered vehicles without subsidies. This milestone is expected within the next few years, making new energy-electric cars more affordable for the average consumer.

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