ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Climate Change

Thai oil major PTT launches $16bn push into EVs and green energy

State-backed company aims to support governement's climate change effort

Thai energy major PTT plans to have EV charging stations in about 230 locations by the end of the year.   © Reuters

BANGKOK -- Thailand's state-owned oil major PTT is expected to invest more than $16 billion over the next decade into an initiative to promote electric vehicles and other green technology as part of a national drive to turn the country into Southeast Asia's EV hub.

The vision reflects a "business transition going beyond a traditional energy company," PTT President and CEO Auttapol Rerkpiboon told Nikkei in a written interview.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more