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No, gear is capped at CP160. That is why you don't grind before CP160.
Better gear is not raw stats, but set bonuses. Better game comes from harder content. At CP160 you start doing easier content to get gear which lets you step up the ladder of difficult content till you're doing true end game content, vet Trials.
So, basically standard RPG loop, get better gear to fight stronger enemies to get better gear.
What keeps me going is questing, gathering skyshards and lore books, soloing world bosses and of course house furnishing. Since I primarily play solo or with randoms I enjoy having a build that can function as a jack of all trades role. I also like to experiment with other classes and builds, but I almost always come back to my Templar healer.
GT: crimsonhead4 Top 5 favorite games: Mass Effect 3 (MP), ESO, Fallout 4, State of Decay, Civilization Revolution