ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Over 2,000 Honda staff apply for early retirement amid EV shift

That represents 5% of domestic workers as combustion engines lose favor

As Honda moves toward electrification, it is also retiring some of its older staff in favor of younger workers more in tune with new technologies.

TOKYO -- Over 2,000 employees at Honda Motor applied for early retirement, Nikkei learned Thursday, as the Japanese automaker restructures its workforce to gear up to make more electric vehicles.

Honda's move is the latest in the trend among automakers to move away from the production and sales of internal combustion engines.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more