Used EV prices dropping faster than expected?

I was browsing the latest auction data and the depreciation curve on some 2022-2023 EVs is steeper than I expected. A lot of late-model examples are now trading below equivalent petrol versions after three years. I get that new model launches and tax credit shifts are pressuring the market, but some of these residuals are brutal. Is this just a typical correction for early tech, or are we seeing a structural change in how the market values used EVs? Curious if anyone here has been tracking dealer wholesale numbers or recent trade-in offers. My own quote has dropped nearly 15% in six months. Are you seeing similar trends in your region, or is this mostly concentrated on certain brands?