Tesla stole the headlines with its price reductions at the turn of the year, but all the evidence is that almost everyone is following suit – albeit more discreetly.

Why? The cauldron of EV issues keeps bubbling. The energy crisis and relentless negativity about the charging infrastructure provide the base. Crashing – or, more fairly, correcting, because the sky-high figures of recent years could never last – residual values have added spice.