Cathie Wood

Electric vehicle sticker prices will fall below those of gasoline cars by about late 2022.

Inaccurate ●●●●●
“We think based on the declining costs of battery pack systems that electric vehicle prices will drop below gas powered prices in a year or so.”
Said on
19 August 2021 · CNBC "TechCheck" interview transcript; she added that EVs were already cheaper on total cost of ownership. "A year or so" read as by end of 2022.
Source
CNBC Transcript: ARK Invest Founder & CEO Cathie Wood Speaks with CNBC's "TechCheck" Today · CNBC
Should come true
2022
How sure they sounded
We think
Categories
TechnologyEnergy
Importance
3 of 5 · Price parity is the key threshold for mass EV adoption across the auto industry.

Outcome

Inaccurate

Kelley Blue Book put the average US new EV transaction price at $61,448 in December 2022, about $12,000 above the $49,507 average for all new vehicles. EV prices stayed well above gas-car prices at the end of the window.

Evidence:

History
  • 2026-10-17 07:51:20 · created by claude
  • 2026-10-17 07:51:20 · categorized by claude
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