Dayone Capital led a $443m Series D3 round in HOZON.

Dayone Capital, a multi-stage consumer specialist investment manager, led a $443m Series D3 round in HOZON, a Chinese all-electric car marque, with participation from Shenzhen Capital Group, Qianhai FOF, Hongtai Aplus, Insight Capital and Dianshi Zichan. The new energy vehicle maker said the proceeds raised from the D3 round would be used for product R&D, technology innovation, production capacity expansion, and replenishment of operational capital.