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Bullboard - Stock Discussion Forum Sherritt International Corp T.S

Alternate Symbol(s):  SHERF

Sherritt International Corporation is a Canada-based company engaged in the mining and refining of nickel and cobalt metals essential for the adoption of electric vehicles. The Company is engaged in the production of high purity nickel and cobalt metals from lateritic ore. Its technologies group creates solutions for oil and mining companies around the world to improve environmental performance... see more

TSX:S - Post Discussion

Sherritt International Corp > IT'S HAPPENING EVERYWHERE...
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Post by CommonCents123 on Apr 05, 2024 7:58am

IT'S HAPPENING EVERYWHERE...

Cnbc morning squawk

Pushing back

Ford said Thursday it will delay production of a new all-electric large SUV and pickup truck. Production of the three-row SUV will be pushed back to 2027 from an initial plan of 2025. The pickup, codenamed “T3”, is also being delayed from late 2025 to 2026. The company aims to offer hybrid options across its North American lineup by 2030. The shift comes as EV adoption has been slower than expected and production costs remain high.

Comment by Sanguinity on Apr 05, 2024 11:36am
Toyota was criticized for over a decade for going in on hybrid, and doing little to nothing with EVs.  The token efforts they did make earned them nothing. Their hybrids on the other hand are amazing.  In fact, Toyota even made their hybrid patents public at one point, years ago, they were that confident in it. There is demand for reducing one's gas mileage.  A hybrid does it, ...more  
Comment by CommonCents123 on Apr 05, 2024 12:40pm
100% agree.  Hybrids are the way to go.  We don't have the infrastructure for EVs in place.  As well, as i've stated before, removing gasoline and increasing mining for battery minerals is like doing the nasty to increase the pureity.  Read between the lines, best i can describe it.  Doesn't make sense.  Nickel use in batteries "may" increase ...more  
Comment by Sanguinity on Apr 07, 2024 1:37pm
The moment subsidies for EVs are removed, the market for them craters.  Just see what happened in the UK. With public debt at unimaginable heights, it is harder and harder for governments to justify forking out public money to people who want to buy vehicles at are twice (or more) the price of anything you or I would even imagine buying. The wealthy are smart.  They will happily take a ...more  
Comment by Sanguinity on Apr 07, 2024 1:40pm
https://www.cleanenergywire.org/news/e-car-sales-plummet-germany-following-subsidy-cut?mc_cid=575ccfc590&mc_eid=88b4c27cd8
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