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10. Now, it is the time Fast Fish eats Slow Fish



































                                “Big fish ate small fish.”                                       “Fast fish eats slow fish.”




               ➢ Edison Motors is the ‘Fast Fish’ who can overtake Tesla.

               ➢ Has developed eco-friendly CNG and electric buses from 1998


                    (sold electric buses from 2009, first time in the world)
               ➢ Sandy Munro, a car tear-down expert, says “Tesla is ahead of their

                    competitors by 10 years with casing and housing, 5 years with electric

                    motor and 8 years with SW.” The know-how is in “the vertical


                    integration of technology.”(Source: Torn down Tesla, Chosun daily on Sep 14, 2020)

        BUSINESS CONFIDENTIAL                                                  1 1
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