Stellantis is significantly altering its vehicle strategy, particularly within the American market. Following an initial ambitious electrification push by former CEO Carlos Tavares, the company has reportedly scaled back these plans, leading to the cancellation of some electric vehicle projects and delays for others.
A significant development in this evolving strategy is the potential demise of the 900-horsepower Dodge Charger SRT Daytona Banshee. According to insights from Mopar Insiders, internal sources indicate that the high-performance 800-volt EV, initially anticipated for a late 2024 or early 2026 debut, has been scrapped. Although Dodge has not issued an official confirmation, a company spokesperson informed Mopar Insiders that their product strategy is under continuous review, a statement similar to Ram's announcement regarding the cancellation of the electric Ram 1500 REV.
This rumored cancellation aligns with a broader trend observed across Stellantis brands. In addition to the potential shelving of the Charger Banshee and the confirmed discontinuation of the Ram 1500 EV, plans for a Jeep Gladiator 4xe have also been withdrawn, with no new electric vehicle announcements on the immediate horizon. Simultaneously, there's a noticeable resurgence of traditional combustion engines, with Ram reintroducing the Hemi V-8 in its popular truck models, and the latest Dodge Durango exclusively featuring a Hemi engine.
The current landscape leaves enthusiasts pondering the future of the Charger lineup. While the electric Banshee's future appears uncertain, there's growing optimism for the return of a V-8-powered Charger. Dodge recently unveiled the Charger Sixpack, equipped with a high-output inline-six engine, yet persistent rumors about the Hemi V-8's comeback continue to circulate. In August, Dodge CEO Matt McAlear hinted at a pivot back towards combustion-powered vehicles, even suggesting that a V-8 engine could indeed fit within the new Charger's design. The industry now awaits further official announcements from Stellantis regarding these strategic shifts.
The automotive world is keenly watching Stellantis as it navigates the complex transition towards future mobility solutions. The apparent pivot away from previously announced electric performance models like the Charger Banshee signals a reassessment of market demands and technological feasibility. This strategic adjustment could pave the way for a renewed focus on traditional powerhouse engines, satisfying a segment of consumers who still value raw combustion power. The coming months are expected to reveal more about Dodge's definitive plans for its iconic Charger, as the brand seeks to balance innovation with heritage.