The Dodge Charger Daytona SRT Banshee, envisioned as the flagship of Dodge’s shift to electric vehicles and the successor to the supercharged SRT Hellcat, was expected to deliver extreme performance and presence. However, according to a recent report from Mopar Insiders, Dodge has decided to scrap production plans for the Daytona SRT Banshee before it even made it to production.
Following the debut of the Charger Daytona SRT Concept in 2022, Dodge declared it would “muscle aside the boring BEV paradigm” and redefine the electric vehicle experience. As per new reports, the high-performance electric Dodge Charger has become the latest casualty of Stellantis’ abrupt pivot back to gasoline-powered HEMI engines—a sharp reversal from its earlier commitment to full electrification. The automaker has reportedly scrapped the project as it pulls back on EV investments and returns to its V8 roots.

The Banshee was designed to be Dodge’s electric halo model, succeeding the internal-combustion SRT Hellcat. Unlike the standard Charger Daytona EV, which runs on a 400-volt system and delivers up to 670 horsepower, the Banshee was expected to feature an 800-volt architecture and a two-speed transmission. Originally slated for release this year, the Halo EV was anticipated to produce a minimum of 1,000 horsepower, although official specifications were never confirmed.
The reported cancellation of the Banshee aligns with Stellantis’ earlier decision to discontinue the more affordable Charger Daytona R/T trim, leaving the 670-horsepower Scat Pack as the sole offering. Meanwhile, Hurricane inline-six-powered Sixpack models are expected to arrive at dealerships before the end of the year.

The decision seems to be part of Stellantis’ wider pivot back toward internal combustion engine (ICE) vehicles and alternative powertrains. If the Charger Daytona SRT Banshee is indeed cancelled, it would follow the fate of other scrapped electrified models, including the Ram 1500 REV Extended Range pickup and the Jeep Gladiator 4xe plug-in hybrid.
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