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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. The Company 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

Post by Obscure1on Sep 14, 2023 2:24pm
216 Views
Post# 35636643

Automobile buyers will be the real winners. Imagine that

Automobile buyers will be the real winners. Imagine thatYou might be thinking OMG, another EV post, but this is about manufacturing process, not ICE vs EV's

"Tesla is now closing in on an innovation that will allow it to die cast almost the entire complex underbody of an electric car, five sources said. This means the company will be able to replace about 400 parts used in a typical car with one large part. In fact, this is the principle by which toy cars are made, as Elon Musk previously mentioned"

What are the cost implicatons of using 2 giga pieces instead of 400 pieces? 

* The two castings will be made in-house and created on a just-in-time basis.
* No ordering of 400 pieces (what could possibly go wrong with relying upon 400 suppliers)
* No receiving and inventory placement and storage of 400 pieces (minimal space required) 
* No planning and coordinating and moving the 400 pieces out of inventory (no congestion)
* No installation of the 400 pieces (positioning,welding,screwing)
* No quality control required for joining the 400 pieces (each may require multiple welds or screws)
* No polishing and coating the welds for anti-rusting
* No alignment issues or manufacturing defects that can slow down a production line

A robot will pick up a front casting and put it in place.  Another robot will put the rear casting in place.  A third robot will put the structural battery in place.  At that point, another robot will intall the 39 bolts that will secure everything   

At that point, I expect that an actual human will the 39 mechanical fastenings. 

In approximately two years from now, Tesla's Generation 3 cars will cost about half of what their costs are today.

Everybody crapps on Elon but people are going to be able to buy a Tesla (leading edge technology and industry leading quality) for about half of what cars cost last year.  The cars won't require brake work or oil changes and fuel will be about 1/10 of what peope will be paying for gas if they charge at home.  

It will be up to ICE manufactures to figure out how to respond and decide how long it will take.  


The FUD that has been created by the press doesn't stand up to reality when your neighbour tells you about the math behind their new purchase, or better still, takes you for a drive. 

No matter what decisions are made by the auto industry execs, buyers are going to vote with their wallets.

Customers will be the real winners.  What a refreshing concept. 










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