Best Buy begins selling electric-vehicles

Best Buy

The nation’s largest consumer-electronics retailer Best Buy, has quietly begun offering electric-powered scooters, bicycles and Segway transporters in 19 locations in California, Oregon and Washington, reports the Wall Street Journal.

Analysts told the newspaper that electric-vehicles won’t be a huge profit-making product for Best Buy but the investment could prove to be a wise one over time.

Best Buy told WSJ that it has begun re-imagining the company’s product offerings and is involving a corporate division known as Best Buy Labs, which will make better use of the company’s Geek Squad team.

Later this summer, Best Buy will be teaming up with Brammo Inc. to sell their Enertia electric motorcycle. The Enertia can travel up to 45 miles at speeds of up to 50 miles per hour and plugs into a standard wall outlet. The Brammo Enertia is likely to be priced at $11,995.

Maybe Geek Squad can finally trade in their Volkswagen Beetles for Tesla Roadsters.

– By: Stephen Calogera

Source: Wall Street Journal