Chinese electric vehicle maker Hozon has raised “hundreds of millions of RMB” in a Series D3 from investment firm Dayone Capital, according to a statement published on July 15. Although no exact total was specified, the statement’s wording suggests the total funding amount could be between $14.8 million and $148 million. The Zhejiang-based automaker delivered 63,131 vehicles for the first half of this year, almost triple last year’s figure and just several thousand fewer units than that of major EV firm Xpeng Motors. Hozon has been backed by prominent investors such as battery giant CATL, cybersecurity firm Qihoo 360, and the state-run Shenzhen Capital Group. [Dayone Capital, in Chinese]