TOKYO - Honda (IW 1000/29) said Thursday it would roll out a new commercial fuel-cell vehicle in 2015, a day after rival Toyota (IW 1000/8) promised a similar offering as competition in the green car sector heats up.

Honda made the announcement at the Tokyo Motor Show where automakers are showcasing their vision for the eco-friendly car market. However, the sector is yet to see a hot-selling model, with sales well below industry predictions.

Japan's third-largest automaker, Honda said it would launch the new vehicle in Japan and the United States in 2015, and in Europe at a later date.

The new model will be based on Honda's FCEV concept car, which it unveiled at the Los Angeles motor show Wednesday.

The maker of the Civic and Accord said its fuel-cell car will have a range of more than 300 miles with a hydrogen tank able to re-charge the vehicle in about three minutes, similar to Toyota's FCV concept car, a four-seater sedan it plans to sell by 2015.

"Hydrogen energy is very efficient and friendly to the environment," Honda president Takanobu Ito said Thursday.

Fuel-cell vehicles are considered the holy grail of green cars because they emit nothing but water vapor from the tailpipe and can operate on renewable hydrogen gas.

The world's leading automakers have long been eyeing a big-selling green vehicle, including Honda -- which already has a fuel-cell car, the FCX Clarity, available on a small scale in a limited number of markets.