Mitsubishis have long been considered a luxury brand, but in recent years the Japanese company has become known for its work in renewable energy and for building some of the world’s most efficient cars.
But the company has been a bit more cautious about spending the money on green projects, with some wondering whether the Japanese carmaker is spending too much.
According to Bloomberg Businessweek, Mitsubis research and development division has been making cars at a fraction of the cost of its competitors.
This has resulted in cars costing between 10 percent and 15 percent less to produce, but it has also resulted in some of Mitsubys vehicles being made less efficient than others.
As Bloomberg reported, the company is now trying to address this issue by investing more in new technologies that could improve the efficiency of its vehicles.
The latest move is to develop a hybrid drivetrain called a “hybrid-like” version of the Mitsubisha’s current hybrid powertrain.
The company is also looking into the use of carbon fiber composites in its vehicles to reduce weight.
Mitsubias research and technology division has long been seen as a leading Japanese car company.
It has also invested heavily in renewable projects, such as a solar farm that is now used by Mitsubisch cars.
In Japan, Mitsubs cars are considered luxury brands, but the company, which is based in the United States, has been cautious about investing in green projects that could help it make more money.