It's EV News briefly for Wednesday, August 20th, EverythingEV in less than five minutes.

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Mercedes-B is one of the most affordable SUVs to lease in the US, even though it has a starting price of $53,000.

Deals are offering lease payments of around $350 on that vehicle, but some offering under $100 for old EV stock that is not the new model year.

In fact, there's one Volkswagen dealer in Boulder, Colorado offering ID4s at $39 per month. EVs now cost less to lease than gas cars on average. Audi, beginning their new era in China with their new vehicle, the Audi-A-Audy. No four rings on the front, but simply capitalized AUDI. Their first vehicle is now on sale. About 32,000 US equivalent, but it's very high tech.

It's got LIDAR, big range, 800-volt architecture.

Oh, and China only.

Italy is introducing major EV subsidy, 600 million euros of post-COVID recovery money,

going to those that live in urban areas that scrap an old combustion car,

up to 20,000 euros off, up to 30% of a new

electric vehicle or commercial electric vehicle. Volkswagen is planning its major EV expansion with

the ID2 and 2X. Are they going to be called the polo or the ID polo? I'd hope so. Just call it the

Polo electric or something. I don't know. The ID stuff was a good experiment, but I mean, you've got the name Polo. Use it. And so the ID1 set for maybe a 2027 release. We should find out more at the IAA show in Munich. Chinese firms are investing more overseas than inside China for the first time since 2014,

mostly on battery investments, by the way. Yeah, looking forward to Munich, by the way.

The IAA showed September 9th, all the media stuff is always front-loaded at the beginning,

so we should get to see new cars from BMW, Neuaclasser, Cooper, Hyundai Leap Motor, Mercedes-Benz,

with their new GLC, that'll be a highlight. Polstar 5, Porsche Cayenne and more.

MG is launching the MGS5 in New Zealand, starting at about $45,000 there.

The Nissan Leaf has topped a new reliability study from a warranty company, saying that of all the warranty claims

they get on EVs, the Nissan Leaf has the lowest claim rate of just 3%. A little beast

just keeps on going, doesn't it? We love that. B.YD's Seal U has now sold 10,000 units in the

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