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Suncor Energy Inc. T.SU

Alternate Symbol(s):  SU

Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading, offshore oil and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks, including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicles (EV) stations. Petro-Canada has a network of over 1,800 retail and wholesale locations across Canada, providing customers with a wide variety of fuel and service offerings including low-carbon fuel options. It is developing petroleum resources while advancing the transition to a low-emissions future through investment in power and renewable fuels. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region, approximately 90 kilometers north of Fort McMurray.


TSX:SU - Post by User

Comment by Experiencedon Aug 13, 2023 5:07pm
159 Views
Post# 35586171

RE:Early EV Adopter Era is Over

RE:Early EV Adopter Era is OverMigraine....I think the Bottom Line Statement is key, especially the technology point.

This is why I have posted some info on solid state electric batteries.  If Toyota meets its targets, people who have bought EVs now may find that nobody wants them because there is a much better battery technology available.

In some ways, I hate to admit it, but I am relieved that my order for the IONIQ5 hasn't been filled and am now thinking about getting my deposit back and wait for the solid state battery cars to come out and be road tested by the public (never want to buy the first year...lol)

I also wonder what the solid state battery will do to TSLA.  Apparently Musk is relying on his new 4680 battery technology.
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