TOKYO -- Honda will pay a portion of the higher electricity costs incurred by its suppliers, lifting their financial burden so that they have room to raise wages as it aims to create a sustainable supply chain.
Automobiles
Honda to offset increase in suppliers' electricity bills
Japanese auto giant tries to lift SME burden to leave room for wage hike
Honda hopes that by offsetting electricity price hikes for its suppliers, they would be able to offer wage raises to their workers. © Reuters
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