by Christopher Freeburn | September 16, 2013 9:40 am
A series of consumer complaints against a popular electric vehicle has prompted an investigation by regulators.
Documents from the National Highway Traffic Safety Administration (NHTSA) indicate that the agency is looking at about 1,000 Ford (F) Focus EVs. The investigation was sparked by a dozen reports from consumers of sudden vehicle stalling, Reuters notes.
Ford says that it is cooperating with the investigation, which could potentially lead to a recall.
The agency says that the complaints were made within the last five months. The stalling events were not linked to any accidents and no injuries have been reported.
Vehicles from the 2012 and 2013 model years are affected by the preliminary investigation. In about half of the reports, the vehicles stalled while traveling at speeds greater than 30 miles per hour.
In July, Ford trimmed the base price of the Focus EV by $4,000, echoing similar price cuts by other electric vehicle manufacturers.
The company has recently announced plans to install charging stations at its U.S. offices and factories to encourage electric vehicle use by its workers.
Shares of Ford rose almost 1% in Monday morning trading.
Source URL: http://investorplace.com/2013/09/ford-focus-ev-under-investigation-for-serious-sudden-stalling-claims/
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