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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 production; petroleum refining in Canada and the United States; and the Company’s Petro-Canada retail and wholesale distribution networks (including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicle (EV) stations). The Company is developing petroleum resources while advancing the transition to a lower-emissions future through investments in lower-emissions intensity power, renewable feedstock fuels and projects targeting emissions intensity. The Company also conducts energy trading activities focused primarily on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region.


TSX:SU - Post by User

Comment by mrbbon Jul 11, 2023 2:24pm
137 Views
Post# 35535930

RE:Misleading EV Stats: Toyota BEV sales up 745%

RE:Misleading EV Stats: Toyota BEV sales up 745%
MigraineCall wrote: A reminder for all to dig into the absolute numbers for the big picture, not only percentages so often touted and claimed by proponents.

Toyota is far from being a leader in EVs, but reading stats like this are fed to you from those with an agenda.

Anas Alhajji, Twitter:

Toyota sales of BEVs increased by 745% in the second quarter of this year.

745%!

Just another news about oil demand destruction! Right?

After the 745% increase, the number was 1,961 cars!

They replace about 75 b/d of oil!

https://twitter.com/anasalhajji/status/1678568899846057984




every EV makers will see insane growth rate at the beginning,  Anything divided by a small denominator will get huge number.  However,the dreamer think that such early built rate can be extrapolated linearly to 100%, so wrong. We're maybe getting close to topping out of the rapid rise portion of the S curve already. Just because EV runs on electricity, some think EV would have similar S curves as PC, mobile phone, microwave, radio, VCR,etc because tony seba say so. 

Analysis-Slow-selling EVs are the auto industry's new headache (msn.com)


©Thomson ReutersFILE PHOTO: An employee walks through an empty showroom at a new Tesla dealership in Salt Lake City
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