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PTG is set to shift towards revenue generation through food and retail businesses. (Photo: PunThai Coffee's facebook)
In the future, gas stations will not only offer pet care services but also freshly brewed coffee. The trend of gas stations diversifying into side businesses is on the rise. Thai government has set a goal for 30% of domestic car production to be electric vehicles by 2030. As gasoline sales face a decline, major gas station operators are actively expanding their investments in non-fuel businesses.
Before the era of EVs fully arrives, Thailand's second-largest energy group, Bangchak Corporation, plans to provide pet care at 20 of its gas stations. Meanwhile, Thailand's third-largest petroleum company, PTG Energy Plc, plans to open 5,000 coffee shops at its gas stations by 2027 as part of its strategy to boost non-fuel business.
