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Japan's fuel cell forecast: Fact or fantasy? Government backs off 2020 estimate.(Special Report)

Byline: James B. Treece

Japan's industrial planners don't always back the right horse. Consider the case of the 5 Million Fuel Cell Vehicles Fantasy.

An advisory panel to the Japanese government has laid out an astounding vision of the future: 5 million fuel cell vehicles on Japan's roads by 2020.

Don't hold your breath.

In January 2001, a study group set that target as the number of fuel cell vehicles it expected to see by then. The Japanese government no longer shares that vision.

"Not many people believe this scenario anymore,'' says Satoshi Kusakabe, director of the automobile division of Japan's Ministry of Economy, Trade and Industry.

The panel ...

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