TOKYO (Bloomberg) -- Honda Motor Co. will begin sales of a $63,000 (7.66 million yen) hydrogen-powered sedan in March, featuring longer driving range and a roomier interior than Toyota Motor Corp.'s Mirai as Japanese carmakers promote the emission-free technology.
Honda aims to initially sell 200 units annually of the car, called Clarity Fuel Cell, with government agencies and corporate fleets booking the first year's production run, Kiyoshi Shimizu, chief engineer of the car, said in an interview before the unveiling of the model at the Tokyo auto show today.
Both the Clarity and Toyota's Mirai, which starts from 7.24 million yen in Japan, will benefit from subsidies of as much as 3 million yen being offered to buyers of fuel cell vehicles.