Tevin said that for PTT, businesses relating to electric vehicles are an option as part of its growth strategy, in a world that is moving away from petroleum while shifting towards clean power from electricity. In addition to making batteries for electric cars and becoming an EV dealership, PTT will also provide charging services for EVs at its service stations, Tevin said. Certain affiliates under PTT Group are starting to invest in renewable energy, batteries and power storage, according to the CEO. All other major types of EVs still have engines and fuel tanks, whether they be hybrid electric vehicles (HEV), plug-in hybrid electric vehicles (PHEV), extended range electric vehicles (EREV), and fuel cell electric vehicles (FCEV). Wittawat also said PTT was considering becoming a dealer for EVs from China, in addition to those from some other countries.

Source: The Nation Bangkok May 29, 2018 18:00 UTC