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Thai gas station chain PTG focuses on cafes amid EV shift

BANGKOK -- Major Thai gas station operator PTG Energy is retooling operations with the anticipated spread of electric vehicles, increasing coffee shops under its umbrella fivefold over the next three years and boosting the ratio of non-oil businesses in gross profit to 50%.

PTG operates PunThai Coffee, known for its brown elephant logo and allowing customers to choose the level of bean roast when ordering coffee. "I never get tired of it because I change the taste depending on my mood," said a 29-year-old office worker from Bangkok who stops by every morning.

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