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Yahoo Finance reporter Pras Subramanian joins the live stream to explain what the announcement means for the long-term EV market.
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Dodge (STLA) has unveiled its next-generation all-electric muscle car: the 2025 Dodge Charger Daytona. Although Dodge claims the Charger Daytona is the world’s “first electric muscle car,” a name it can keep indefinitely. As the EV market pivots, Dodge has also surprised its gasoline-loving enthusiasts with an internal combustion edition.
The all-electric 2024 Charger Daytona, which was introduced in 2022 as the Charger Daytona SRT concept car, will have all-wheel drive and have a new sculpted frame style with an “R-Wing” passage that channels air through the grille and onto the hood. The car will have two trim levels, the “Scat Pack” edition with a 670-horsepower configuration (good for a 0-60 mph time in 3. 3 seconds) and an R/T edition with 496 horsepower.
Dodge claims that either version uses “electric propulsion modules” or front and rear motors, and the rear engine has a mechanical slip differential for added traction. Both versions will use a 400-volt architecture and a 100. 5 kWh battery, ideal for estimated ranges of 317 miles for the R/T and 260 miles for the more capable Charger Daytona Scat Pack.
That Dodge continued to use gasoline engines came as a surprise, as it had announced in the past that it would phase them out, but recent reports suggest that they will return.
Dodge (confusingly) calls those gasoline engines “multi-energy powertrain options,” with the 550-horsepower Charger Sixpack HO model, powered by a “high-efficiency” 3. 0L Twin Turbo Hurricane six-cylinder engine, and the 420-horsepower Dodge. The Charger Sixpack OS model, which uses an out-of-tune edition of that engine, called the “standard output” Twin Turbo Hurricane engine. The Hurricane engines are Stellantis’ new inline-six engines that use dual turbos for added power.
Stellantis, Dodge’s parent company, is in the early stages of its Dare Forward 2030 transformation plan, which aims to reach 50% EV sales in the U. S. CEO Carlos Tavares has been more cautious than other CEOs when formulating Stellantis’ plans. He told Yahoo Finance in a recent interview that Stellantis will reevaluate its EV spending in 2027 before reallocating more capital to it, from spending a giant amount of cash in the short term when making plans for 2030 and beyond.
As it turns out, Tavares and Dodge logo CEO Tim Kuniskis already had some flexibility in their long-term strategy for Dodge, knowing they could opt for electric or gasoline-powered powertrain options, or both, depending on the economic situation, government incentives and conversion of customer preferences.
It also doesn’t hurt that Dodge’s outgoing Charger and Challenger have been hugely popular with what the company calls its “muscle fraternity. “
Pras Subramanian is a journalist for Yahoo Finance. You can see him on Twitter and Instagram.
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