The Hybrid Picking is a Right Hand Technique achieved by playing with both Fingers and Pick at the same time. Usually we hold the pick between the Thumb and Index Finger while the Middle and Ring finger are hanging close to the strings. With the Hybrid Picking we will be using the Middle and Ring Finger to.
This technique can be used on both Electric and Acoustic Guitar (or Classical Maybe) and can be applied either on Arpeggios or Solos. That means you can use the Hybrid Picking to reduce the movement of the Pick when you arpeggiate a chord or minimize the picking when you play single notes. Let me show you an Example of both: