Ford (NYSE: F), Microsoft Teaming Up To Accelerate Widespread Adoption Of Electric Car

Ford Motor (NYSE:F) and Microsoft Corp. (NASDAQ:MSFT) announced that they are teaming up in an effort to accelerate widespread adoption of the electric car.

Ford said that it plans to use Microsoft's Hohm electric-car charging optimization service to help drivers determine the ideal time to charge vehicles and how to best minimize impact on the grid.

CEO Alan Mulally said, "For Ford, this is a needed step in the development of the infrastructure that will make electric vehicles viable."