Can confirm. I bought a used Nissan Leaf two months ago from a dealer (being used it was a small fraction of the $25k Ford). A near-identical car (trim/mileage/colour) is now listed on their site for close to 30% more than I paid.
If we were living in normal times this would make no sense - but the TCO picture is changing that rapidly (owing to oil prices going up and used EVs being so scarce).
Something something cold dead hands, etc.
The only big win for combustion-based cars is the range potential, because the energy storage of liquid fuels is so much denser. I don't expect to see electric commercial aircraft in my lifetime. But biomass-based liquid fuel? Sure. It just won't be cost-competitive with solar/wind into a battery. It'll be limited to specialized applications where power/weight matters.
Hybrid was the last big improvement. Barring a radical new technology (and variable valve timing ain't radical), we might squeeze, what, 10% better thermal performance out? Get 40mpg rather than 37? Big deal.
And really, this is all driven by energy costs in the end. We're already hitting a point where commodity solar/wind electricity is cheaper than commodity coal, and much cheaper than commodity gasoline. This creates a tremendous market incentive for purely electric vehicles. And that tech has much more room for improvement than any gas engine - batteries will keep getting cheaper and more efficient for some time to come.
When my options are a $25,000 Ford or a $90,000 Tesla, an electric car seems like a dream. But when it turns into a $25,000 Ford or a $30,000 all-electric car (maybe from Ford!)... TCO starts becoming a very attractive argument, on top of the feel-good factor.