Hybrids Vs PHEVs vs All Electric, page-1752

While anti-EV advocates have been cherrypicking data
to indicate a drop in EV/HEV used car pricing/depreciation,
the truth of the matter is that all used car pricing has been dropping since early
2022 when we got out of Covid lock-downs.

Here's the proof:

( this drop in used car values coincides with the growing market share of Chinese cars
and IMO this trend will continue)