Last week, Ford Motor Company's (NYSE:F) new Focus electric car was given a U.S. EPA rating of 105 miles-per-gallon equivalent (MPGe).
According to Ford, the Focus is a plug-in electric that offers the equivalent of 99-mpg highway and 110 in the city. This actually beats out Nissan LEAF's 99 MPGe and Chevy Volt's 94 MPGe.
The Focus is set to retail for $39,995 before the $7,500 federal tax credit. Still a bit pricey compared to the Nissan LEAF which retails at $35,200 before the $7,500 tax credit, and the Mitsubishi i, which will run you $21,625 after the $7,500 tax credit.
Of course, you do get more bang for your buck with the Focus compared to the LEAF and the Mitsubishi i. It'll be interesting to see if that'll be enough to attract electric car buyers.
You can learn more about the Focus Electric in the video below. . .
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Green Chip Stocks Editor Jeff Siegel, featured guest on CNBC's Green Week