Ouster To Supply Digital Lidar To Juzhen Data Tech's Autonomous EVs

  • High-resolution digital lidar sensor provider Ouster OUST collaborated with Juzhen Data Tech, a company engaged in the research and development of new energy delivery vehicles, autonomous delivery vehicles, and last-mile automated delivery services. The financial terms of the deal were not disclosed.
  • Ouster aims to supply 1,190 digital lidar sensors through 2025 for Juzhen's next-generation delivery vehicles for the Chinese market.
  • Juzhen plans to use Ouster digital lidar on its two next-generation electric vehicles to support autopilot functionality, then deploy fully autonomous delivery vehicles on public roads.
  • Juzhen chose to work with Ouster because of the high resolution of its digital lidar and reduce costs while improving performance over time, Juzhen CEO Gu Zulin stated.
  • Price Action: OUST shares traded higher by 1.15% at $7.90 on the last check Monday.
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