PTT Group (www.pttplc.com), Thailand’s largest fuel retailer, has identified electric vehicles as a business segment offering growth potential.

CEO Tevin Vongvanich said that the company was talking to a number of car manufacturers about the opportunities in the market, adding that it would not be producing electric vehicles but would become a dealer instead — although the manufacture of batteries to cater for those vehicles is being considered.

Providing charging stations across Thailand would also be one of the key business aspects.

In addition to investing in the EV market, PTT says it will focus on promoting LNG.