Briefly | 25 Aug 2025
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Tesla has now started a certified pre-owned CPO lease program.
Now you can get used lease vehicles, not as common as new ones, of course.
These are Model 3s, Model Ys. They're doing it in California and Texas.
Tesla has a lot of vehicles in inventory right now around the world.
They're making more than they can sell.
Certainly here in the UK, I've heard stories of Tesla having issues of even way to keep all those vehicles.
And so, leasing used cars? It sounds like a good idea if the deal is good.
What is the deal? $215 a month is where it starts.
No down payment, but an acquisition fee.
And you've got to pay your first month up front, as it were.
And then you pay in advance.
And so, that could be a good deal for the right person.
24 month or 12 month used leased Teslas.
Tesla is extending the incentives for Model 3s and Ys.
This time in Sweden amidst a sales drop.
Now, Sweden's not a massive car market.
Last month, they sold 163 vehicles there, which is nothing really.
But it is down 86% in Sweden.
Long running battle between the Swedes and their way of life,
which is quite unionized, quite, you know, about working with unions.
Tesla pushes back on that.
And so, that's been going on for years, isn't it?
So, I understand why, but to encourage Swedes to buy Teslas,
there's a new $4,000 discount, or 4,000 US equivalent discount,
along with 0% financing.
Tesla is using local AI in China.
You might think, but hang on, doesn't the CEO have his own AI company?
Like they use that in the American vehicles? Yes, but this is China.
And all the data must stay within China.
So, turning to deep-seek to run the AI inside Chinese Teslas.
Kia's EV5 is confirmed for a launch next year in 2026.
The standard EV5, that's mid-size SUV category, so, so popular in Europe,
in Korea, its home market as well.
But this is the GT version, not the GT line, but the proper GT.
And when Kia, Hyundai do their GT versions, or the N version over at Hyundai,
they tend to do it really, really well.
Not just sticking a badge on the back, some proper engineering.
And so, this vehicle should come early next year to really go up against the Model Y performance, you'd have to say.
China's EVs are now being delivered to European buyers.
China EV has a company now, which will source the vehicles directly from China,
sort out all the customs paperwork, and you don't have to go to the port to go collect the vehicle.
They'll deliver it. It's called China EV Marketplace.
They weren't operating with the US as well, but with the tariffs it's just now too difficult.
They're closing down that bit of their business and focusing on Europe.
Yeah, called China EV Marketplace. Get your Chinese EV direct from China.
I mean, if you're brave enough, I suppose, I wouldn't mind going to a dealer,
or at least by a brand that's got a bit of support.
But if you fancy the risk, they'll get you one, if you want.
Nissan is working with their solid-state battery partner, Lycap,
a Californian factory being built for 300 megawatt hours of capacity.
The first big roll of cathode material was produced recently there.
Their new dry electrode method to make their electrode process there,
which they say can spur the next stage of EV development and solid-state batteries.
South Korea is looking at increasing the EV incentives there.
After cutting them year over year over year,
they're now thinking they might have to increase them a little bit and find the sweet spot.
UK van drivers are increasingly embracing electric vans, 7 out of 10,
so they will consider an EV for their next van if it's a lot cheaper to run than their diesel.
And NEO, opening up sales of their ES8. That's their large, three-row SUV.
Nothing crazy-styling about this. It's just a big, regular-looking, massive SUV.
But with battery as a service to rent the battery.
And that's briefly...
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It takes action to save you money.
First, the app looks at your income and monthly expenses
and calculates how much you can safely spend each day to stay under budget.
RocketMoney also finds and cancels unwanted subscriptions for you
and even negotiates better rates on your bills, so you have more money in your pocket.
On average, RocketMoney members can save up to $740 a year
when using all the app's premium features.
Users love the app with over 186,000 five-star ratings.
It's time to simplify your finances and take control of your money.
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Capital One's tech team isn't just talking about multi-agentic AI.
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it doesn't just help buyers find a car they love.
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That's technology at Capital One.
Capital One's tech team isn't just talking about multi-agentic AI.
They already deployed one.
It's called Chat Concierge and it's simplifying car shopping.
Using self-reflection and layered reasoning with live API checks,
it doesn't just help buyers find a car they love.
It helps schedule a test drive, get pre-approved for financing,
and estimate trading value, advanced, intuitive, and deployed.
That's how they stack.
That's technology at Capital One.
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About this episode
The episode covers Tesla's new certified pre-owned lease program for Model 3s and Model Ys, starting at $215 a month, aimed at addressing inventory issues. It also discusses Tesla's incentives in Sweden amidst declining sales and the launch of Kia's EV5 GT version. Additionally, it highlights the emergence of a marketplace for Chinese EVs in Europe, Nissan's advancements in solid-state battery technology, and the growing acceptance of electric vans in the UK. The episode concludes with insights on AI advancements in car shopping.
Original notes
It's EV News Briefly for Monday 25 August 2025, everything you need to know in less than 5 minutes if you haven't got time for the full show.
Patreon supporters fund this show, get the episodes ad free, as soon as they're ready and are part of the EV News Daily Community.You can be like them by clicking here: https://www.patreon.com/EVNewsDaily
TESLA LAUNCHES CERTIFIED PRE-OWNED LEASE PROGRAM https://evne.ws/4lNjJQy
TESLA EXTENDS MODEL 3 AND Y INCENTIVES IN SWEDEN AMID SALES DROP https://evne.ws/3UIv5Ku
TESLA USES LOCAL AI FOR IN-CAR VOICE IN CHINA https://evne.ws/3VldloA
KIA EV5 GT CONFIRMED FOR 2026 LAUNCH https://evne.ws/4n4fyAQ
CHINA EVS NOW DELIVERED DIRECTLY TO EUROPEAN BUYERS https://evne.ws/47ebqJV
NISSAN AND LICAP ADVANCE SOLID-STATE BATTERY MANUFACTURING https://evne.ws/45yE7Qq
SOUTH KOREA PLANS BOOST TO ELECTRIC VEHICLE SUBSIDIES https://evne.ws/47fV1om
UK VAN DRIVERS INCREASINGLY EMBRACE ELECTRIC VANS https://evne.ws/422939o
AITO M7 INTEGRATES LIDAR BEHIND WINDSHIELD https://evne.ws/4g37ez2
NIO LAUNCHES ES8 PRESALES WITH BATTERY SUBSCRIPTION OPTION https://evne.ws/41TLP5k
VEHICLE-TO-GRID TECHNOLOGY: EVS AS GRID ASSETS https://evne.ws/47xuDqb
Patreon supporters fund this show, get the episodes ad free, as soon as they're ready and are part of the EV News Daily Community.You can be like them by clicking here: https://www.patreon.com/EVNewsDaily
TESLA LAUNCHES CERTIFIED PRE-OWNED LEASE PROGRAM https://evne.ws/4lNjJQy
TESLA EXTENDS MODEL 3 AND Y INCENTIVES IN SWEDEN AMID SALES DROP https://evne.ws/3UIv5Ku
TESLA USES LOCAL AI FOR IN-CAR VOICE IN CHINA https://evne.ws/3VldloA
KIA EV5 GT CONFIRMED FOR 2026 LAUNCH https://evne.ws/4n4fyAQ
CHINA EVS NOW DELIVERED DIRECTLY TO EUROPEAN BUYERS https://evne.ws/47ebqJV
NISSAN AND LICAP ADVANCE SOLID-STATE BATTERY MANUFACTURING https://evne.ws/45yE7Qq
SOUTH KOREA PLANS BOOST TO ELECTRIC VEHICLE SUBSIDIES https://evne.ws/47fV1om
UK VAN DRIVERS INCREASINGLY EMBRACE ELECTRIC VANS https://evne.ws/422939o
AITO M7 INTEGRATES LIDAR BEHIND WINDSHIELD https://evne.ws/4g37ez2
NIO LAUNCHES ES8 PRESALES WITH BATTERY SUBSCRIPTION OPTION https://evne.ws/41TLP5k
VEHICLE-TO-GRID TECHNOLOGY: EVS AS GRID ASSETS https://evne.ws/47xuDqb
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4:16