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Check out this article that shall may give you a better understanding:
Ming-Chi Kuo did not suggest that any iPhone 15 would have Thunderbolt. Only SS (Super Speed), which is much cheaper. (5/7) My latest survey indicates all 2H23 new iPhones will abandon Lightning and change to USB-C, but only two high-end models (15 Pro & 15 Pro Max) will support the wired high-speed transfer, and the two standard ones (15 & 15 15 Plus) still support USB 2.0 same as Lightning. — 郭明錤 (Ming-Chi Kuo) (@mingchikuo) November 17, 2022
There are some good points and some bad points in the above discussions. Apple had a pretty simple decision to make to keep the new iPad (10th Generation) as the inexpensive option. So what was more important to the most users?
1.) Having a USB-C port and providing an adaptor, with all of advantages of USB-C, or
2.) Keeping the Lightning port, just to be able to use the the 1st Generation Apple Pencil.Apple made the correct decision.