Honda Motor Co. expects to sell fuel-cell vehicles in the general market by 2018, a news report said Friday.
Honda President Takeo Fukui disclosed the forecast in a recent interview, Kyodo News agency said.
In September, Japan's third-largest automaker unveiled its FCX Concept fuel-cell car, which is planned for limited marketing in Japan and the U.S. in 2008. Honda declined to say what the vehicle will cost.
"In 2018, I believe the development (of a fuel-cell car) will have been very advanced," Fukui was quoted as saying by Kyodo in the interview in Tokyo on Dec. 25.
"It will become a real possibility to a large degree," he said, according to Kyodo.
Kyodo said Fukui was confident that many customers will want to buy a fuel-cell car if it costs no more than about 10 million yen ($84,000).
A fuel-cell car runs on power generated by oxygen in the air combining with hydrogen stored in a fuel tank. The end product is harmless water vapor.
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