[handmodel]

Gas prices have fluctuated wildly since 2020. This has had nothing to do with the number of people who own ICE vehicles.

Even if you assumed it was tightly correlated, then the second prices dropped you'd expect more people to buy. I'm also not sure what gas prices would be if suddenly everyone had an EV. Seems like they might be forced to charge more since the gas stations themselves would be making less on it?

In ten years I imagine a large majority of vehicles will still use gas. Last year EV sales were only about 7% of all cars. Cars have a relatively long shelf life and all projections I've seen (which admittedly are just speculations) have EV's passing ICE cars in about 15 years. But even then it's still half gas cars.

If I had to buy a new car today I'd still probably buy an ICE based on my needs/budget but I wouldn't do so because I think gas or car prices will crash or anything.