Ford Motor Co. and Best Buy Co. will partner to install household charging stations for the new Focus Electric cars being launched in the U.S. later this year, Ford said Friday.
The Detroit automaker is launching its first pure electric vehicle later this year as competition for zero-emissions cars heats up in the U.S.
Nissan Motor Co.’s Leaf and Chevrolet’s Volt were recently launched.
Ford’s announcement comes at a time when high gasoline prices, hovering around record levels for the off-peak winter season, are raising concerns about the impact on consumers’ wallets given the shaky economic recovery.
But electric cars face a major uphill battle before they gain popularity in the U.S. because they cost more than conventional cars, require hours to charge and have a limited driving range. Dow Jones Newswires
