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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

XPeng Broadens Lineup Beyond BEVs With G7 Range-Extender Filing

Xpeng G6

XPeng Inc. (NYSE: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.

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