The Dodge Charger Daytona SRT Banshee, once positioned as the flagship of the brand’s electric transition, will reportedly not reach production, raising questions about Stellantis’ broader EV strategy in the United States.
An Ambitious Program Shelved
According to supplier sources, the high-performance Banshee program has been shelved before reaching the final stages of development. The vehicle had been positioned as Dodge’s answer to skeptics of electric muscle cars, an 800-volt halo model intended to carry forward the legacy of the SRT Hellcat in electric form.
Why the Program Was Cancelled
The cancellation follows weaker-than-expected sales of the standard 400-volt Charger Daytona EV, along with a broader cooling in consumer demand for battery-powered performance vehicles. The Banshee was expected to carry a six-figure price tag, a difficult proposition given current market conditions for high-end electric performance cars.
Part of a Broader Pullback
The decision reflects a wider retrenchment across Stellantis’ 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 reversed course by reintroducing the 5.7-liter HEMI V8 in the 2026 Ram 1500. Dodge has also confirmed continued V8 availability in the Durango, while Jeep has doubled down on the Wrangler Rubicon 392 and hinted at a possible eight-cylinder Gladiator variant.
A Renewed Focus on Combustion Power
For Dodge, the Banshee’s cancellation may signal a renewed emphasis on traditional combustion performance. The current Charger lineup is being sold with twin-turbocharged Hurricane inline-six engines under the SIXPACK badge, and speculation continues that a V8 option could eventually return to the lineup as well.
No Official Confirmation Yet
Stellantis has not publicly commented on the Banshee’s reported cancellation. For now, the previously anticipated EV appears to be another ambitious performance project unlikely to reach dealership showrooms.