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Dodge Reportedly Cancelled the Most Powerful Charger Daytona EV as Combustion Pendulum Swings Back

Stellantis ends the most powerful electric Charger to refocus on internal combustion engines, with HEMI V8s returning amid a broader shift from full EVs to hybrids and range-extended vehicles.

  • Stellantis has decided to scrap its plans for a 1000-horsepower electric muscle car from Dodge, initially set to launch in 2025 as part of the Charger lineup.
  • The cancellation followed sluggish sales, U.S. tariffs introduced in January 2025, and strong backlash from V8 loyalists favoring combustion engines.
  • Dodge sold only 1,947 Charger Daytona EVs in Q1 2025 amid dealer discounts, software glitches, recalls, and high tariffs increasing costs.
  • On 30 September 2025, Stellantis announced reallocating $1.58 billion from EV development back to internal combustion engines, reviving HEMI V8s and shelving the Banshee.
  • Stellantis stated it is reviewing future SRT plans to offer flexible powertrain options that align with consumer demand and balance performance with sustainability.
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The most powerful version of the Dodge Charger Daytona SRT Banshee electric sports car has apparently been discontinued. The top-of-the-line electric sports car is likely paying the price overseas for the uncertain interest in expensive electric cars, where Stellantis is gradually reviving V8 engines.

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Car and Driver broke the news in on Wednesday, October 1, 2025.
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