Suncor Energy Inc. T.SU

Alternate Symbol(s): SU

Energy Oil & Gas Integrated

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.

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Suncor Energy Inc. > China is Throwing Away Fields of Electric Cars

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Comment by mrbbon Jun 18, 2023 4:22pm

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Post# 35502619

RE:China is Throwing Away Fields of Electric Cars

MigraineCall wrote:
Perhaps the Chinese EV statistics are a bit inflated.

that's what we get when we let gov't dictate what we should buy and how to live.
In a few years, canadians would find out the real cost and shady concession sacrificed to entice VW and stellantis to build EV batter plants in Ontario. The tab for EV subsidies doesn't stop here.

Ontarian officials have explored incentive programs and increased investments in the automotive industry as a tactic to lure more business into the province. The province invested $25 billion in automotive and EVs in the past two-and-a-half years.

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