Luxury Electric Car Competition Heats Up

The video discusses Tesla's challenges in meeting the demand for the Model 3 while facing increasing competition from traditional luxury car manufacturers like Audi, BMW, and Mercedes. Audi launched its E-Tron in San Francisco, and BMW and Mercedes are investing heavily in electric vehicles. The video also highlights the growing electric vehicle market, projected to be worth $567 billion by 2025, and the need for carmakers to meet stringent emission standards as countries like the UK and France plan to ban combustion engines.

What is the projected worth of the EV industry by 2025 according to analysts?

What are some countries working towards banning combustion engines?