XPeng Inc. XPEV shares declined on Wednesday after the Chinese EV maker announced a hybrid strategy with a filing for an extended-range version of its G7 SUV.CnEV reported that the move positions the company to broaden its lineup beyond pure battery-electric models as competition intensifies at home.China's Ministry of Industry and Information Technology (MIIT) included the G7 EREV in its latest catalog for public comment from Sept. 11–17, the final major step before a model can be cleared for sale in the c ...