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(EMAILWIRE.COM, January 08, 2011 ) Minneapolis, MN - Move over Chevy Volt. Ford has just supercharged the electric car era.
Mega Stock Picks, a financial services site, announced Friday it has initiated coverage of Ford (NYSE: F) as the automaker rolls out its newest Ford Focus.
But this isn't your ordinary Focus. Oh, no, this Focus is an electric version that is certain to compete directly with the Chevy Volt and Nissan Leaf.
Ford Motor Co. said Friday that an electric version of its Ford Focus sedan will go on sale in North America by the end of this year.
Ford introduced the electric Focus at the Consumer Electronics Show in Las Vegas. The car is expected to go up to 100 miles on an electric charge.
The automaker says the Focus can be fully charged in three to four hours using a 240-volt outlet. That's half the time it takes to charge the Nissan Leaf, a competitor that went on sale last month.
Ford also said its fuel efficiency numbers will be competitive with the Leaf.
Shares of Ford Motor Company (NYSE: F) closed up 5 cents on Friday to $18.27 on volume of 99 million.
About: Mega Stock Picks is an investor relations site that provides free e-newsletters and stock alerts from its web site, www.megastockpicks.com. The company covers all sectors of the market from undervalued penny stocks to big-board bottom bouncers.
Disclaimer: Mega Stock Picks is not a registered investment advisor. Investors are responsible for doing their own research and obtaining professional investment advice. Mega Stock Picks does not guarantee the accurateness of information in its communications. Investors should read the full disclaimer at www.megastockpicks.com before investing in any stock featured by the site.
Mega Stock Picks
Editor
651-442-4255
info@megastockpicks.com
Source: EmailWire.com
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