OR expands EV services amid oil price volatilityAn EV charging station operated by PTT Oil and Retail Business. PTT Oil and Retail Business Plc (OR) is channeling funds into electric vehicle (EV) services to expand its electric mobility business amid rising concerns among motorists over volatile global oil prices. As the Oil Fuel Fund, which serves as a buffer against fuel price fluctuations, depletes, the government is forced to raise domestic fuel prices. "We want to focus on infrastructure development, oil transport and EV charging," said ML Peekthong. "The EV charging services are growing very quickly, reflecting that electricity is becoming a key fuel," said ML Peekthong.

Source: Bangkok Post March 31, 2026 22:38 UTC