By Shawn Henry 
The Dodge Charger Daytona SRT Banshee, once billed as the crown jewel of the brand’s electric transition, will reportedly not reach production, raising questions about Stellantis’ EV strategy in the U.S.
Supplier sources told Mopar Insiders that the high-performance Banshee program has been shelved, even before the model entered the final stages of development. The car was positioned as Dodge’s answer to skeptics of electric muscle, an 800-volt halo car intended to carry on the legacy of the SRT Hellcat — only this time without gasoline.
Its cancellation follows weaker-than-expected sales of the standard 400-volt Charger Daytona EV and a broader cooling of consumer appetite for battery-powered performance models. The Banshee was expected to carry a six-figure price tag, a tough sell in an uncertain market.
The move is part of a broader retrenchment by Stellantis, Dodge’s parent company, which has recently scaled back or abandoned several electrification efforts across its American brands. Development of the Ram 1500 REV has been halted, Jeep has scrapped plans for a Gladiator 4xe plug-in hybrid, and the company has reversed course by bringing back the 5.7-liter HEMI V8 in the 2026 Ram 1500. Dodge has also confirmed the continuation of V8 power in the Durango, while Jeep has doubled down on the Wrangler Rubicon 392 and hinted at an eight-cylinder Gladiator variant.
For Dodge, the setback may signal a renewed emphasis on combustion muscle. The new Charger lineup is rolling out with twin-turbocharged Hurricane inline-six engines under the SIXPACK badge, and speculation continues that a V8 could return.
Stellantis has not commented on the Banshee’s reported cancellation. For now, the once highly anticipated EV stands as another ambitious project unlikely to see showrooms.