Susco makes a move into EV services

A branch of KFC at a Susco petrol station. Susco diversified into non-oil businesses several years ago by opening food and beverage shops as well as convenience stores at its petrol stations.

Susco Beyond, a wholly-owned subsidiary of Thai oil retailer Susco Plc, continues to focus on non-oil businesses, including electric vehicles (EVs) under the BYD brand, to diversify from uncertainties in the oil business as prices fluctuate.

The company partnered with Rever Automotive Co, the sole distributor of Chinese-made BYD cars, to benefit from the growth of the EV market and its promotion by the Thai government.