News Archives - Page 7 of 12

12 September, 2022 . 2 mins read

AUTOCRYPT Signs MOU for ITF Corporate Partnership Board Membership at Second ITF CPB Week

PARIS, September 12, 2022 — AUTOCRYPT, a global leader in automotive cybersecurity and smart mobility solutions, announced its membership renewal for the International Transport Forum (ITF)’s Corporate Partnership Board (CPB) during the second ITF CPB Week held at the OECD Headquarters in Paris, France.

The CPB highlights companies who are committed to being a part of future transport policies through sharing their perspectives and expertise. Its members consist of more than 30 companies across the fields of automotive, transport, and mobility, among them are Bosch, Siemens, NXP, and Toyota. As a longstanding CPB member, AUTOCRYPT is actively involved in the making of cybersecurity-related policies.

CPB Week, an annual meeting hosted by the Secretary General of the ITF, gathers the CPB members to facilitate closer cooperation in policymaking for sustainable and inclusive transport.

After taking part in the inaugural ITF CPB Week in 2021, AUTOCRYPT’s Chairman Seokwoo Lee returned for this year’s discussions and shared the company’s latest developments and plans on making transport inclusive and sustainable through secured connections, while sharing ideas on potential policies. During the meeting, the ITF hosted an MOU ceremony for AUTOCRYPT to renew its CPB membership, extending the relationship for three more years.

*AUTOCRYPT’s Chairman Seokwoo Lee (right) signs MOU with ITF Secretary General (left)*

“Being a member of the CPB enables us to share our vision and contribute our expertise in Cooperative Intelligent Transport Systems (C-ITS) to policymaking, enhancing government-industry cooperation for a smart, automated, and secure transport environment,” said Seokwoo Lee. “We look forward to continuing our cooperation with the ITF and CPB members in making transportation better for everyone and the planet.”

A pioneer in securing vehicle connections for the V2X environment, AUTOCRYPT is also attending the upcoming ITS World Congress in Los Angeles from September 18 to 22, where it will reveal its new IMS dashboard, an integrated V2X-PKI management system that enables users to manage all regional SCMS on a central dashboard.

To find out more about AUTOCRYPT’s secure mobility solutions, contact global@autocrypt.io.

27 July, 2022 . 2 mins read

AUTOCRYPT’s Smart-Billing EV Charger “Q Charger” Receives OCPP 1.6 Certification

SEOUL, KOREA, July 27, 2022 — Automotive cybersecurity and mobility solutions provider AUTOCRYPT announced that its smart-billing EV charger “Q Charger” has received the Open Charge Point Protocol (OCPP) 1.6 certification issued by the Open Charge Alliance.

At a charging speed of 3.3 kW, AUTOCRYPT’s Q Charger (model: ACO-100 BTW) is a Level 1 EV charger equipped with a 110-240 V standard charging cable compatible with all electric vehicles, and easily installable onto any wall outlet.

The Q Charger is a charger designed for shared usage, and users can scan the unique QR code located on each charger via AUTOCRYPT’s charger information app, after which payment will be processed within the app using the registered payment card. The charger’s built-in authentication module securely verifies the user’s identity and payment status before approval for charging. All payments will then be received by the charge point operator (CPO) or the owner of the charger, who is responsible for the electricity bill.

“Our goal is twofold: Make chargers more available and make the charging experience more enjoyable for EV owners. For the millions of residents here in Korea who live in apartments, a lack of chargers has been a critical barrier to EV adoption. Deploying our smart-billing chargers in apartment and office buildings is a fast and efficient way to bring reliable EV charging to those who need it,” said Daniel ES Kim, CEO of AUTOCRYPT. “Furthermore, the OCPP 1.6 certification validates the safety, security, and durability of our chargers. We look forward to enhancing charging availability in shared parking spaces across the globe.”

AUTOCRYPT’s Q Charger project is a sub-component of its comprehensive EV information and charging platform EVIQ, an integrated digital platform that connects EV owners and CPOs through big data, enhancing the experience of both EV charging and charging station management.

To find out more about AUTOCRYPT’s Q Charger and EVIQ, contact global@autocrypt.io.

19 July, 2022 . 2 mins read

AUTOCRYPT Integrates Its Authentication System Into Hyundai Motor’s EV Charging Platform ‘E-pit’ to Streamline Secure Charging Experience

SEOUL, KOREA, July 19, 2022 — EV and charging security solutions provider AUTOCRYPT announced that it integrated its PnC (Plug&Charge) authentication system into Hyundai Motor’s charging platform E-CSP (E-pit Charging Service Platform) as a part of its E-pit charging infrastructure expansion.

E-pit is Hyundai Motor’s ultra-rapid EV charging infrastructure and its charging service platform E-CSP utilizes PnC technology to enhance both security and convenience. A technology defined by ISO-15118, PnC allows users to simply connect their vehicle to the charge point and automatically identify itself to the network. Moreover, to tackle the authentication and payment security concerns that may arise during the charging process, the PnC protocol requires a verified PKI (public key infrastructure) system that is encrypted end-to-end, which AUTOCRYPT provides. Major OEMs and charge point operators (CPO) across the globe have begun integrating PnC into their vehicles and chargers for a seamless charging ecosystem.

“Challenges in larger EV adoption can only be resolved by bringing new concepts forward,” said CEO and co-Founder, Daniel ES Kim. “We consider the advancement of secure EV charging services as a major need in this new industry. Building a larger network of charging stations will assist in addressing range anxiety throughout vehicle charging deserts, and we hope to contribute to the expansion of charging infrastructure with Hyundai Motors with our secure PnC solution.”

AUTOCRYPT’s EV and charging solution also covers the establishment of mobility ecosystem for CSMS (charging station management system) and aims to derive greater comfort and benefits from the transition. For partnership inquiries, please contact global@autocrypt.io.

28 June, 2022 . 2 mins read

AUTOCRYPT Joins MobilityXlab, Mobility Technology Collaboration Hub to Accelerate Innovative Global Expansion

MUNICH, GERMANY, June 28, 2022 — Leading mobility and V2X security provider AUTOCRYPT has been selected as one of MobilityXlab‘s newest startups to co-create mobility solutions with industry accelerators and enable projects between partner companies. Led by industry giants CEVT, Ericsson, Polestar, Veoneer, Volvo Cars, Volvo Group, and Zenseact, MobilityXlab facilitates partnerships between startups in the industry and aims to bring future mobility closer together. AUTOCRYPT will participate in MobilityXlab for at least six months to co-create solutions for the rapidly changing mobility landscape.

As one of the few mobility security providers in MobilityXlab, the company looks forward to integrating PKI in real-world use cases, turning proof-of-concept into reality when it comes to secure vehicular environments. Autocrypt’s tri-standard compliant Secure Credential Management System for V2X ensures vulnerability-free environments, preventing unwanted interference in connected and autonomous driving.

“We are elated to be invited and chosen as one of eleven startups amongst 108 applicants this year. We expect this collaboration to expedite strategic partnerships here in Europe, giving us an avenue to directly collaborate and discuss how to enhance emerging technologies across mobility and connectivity tech sectors,” said Daniel ES Kim, CEO of Autocrypt Technologies GmbH. “AUTOCRYPT also plans to drive forward cybersecurity testing and engineering technology development to seize the initiative in Europe and worldwide.”

Along with its secure V2X solutions, AUTOCRYPT’s latest suite of secure EV-related offerings, EVIQ, focuses on secure V2G communications. The offerings suite aims to provide seamless charging experiences to all users, including Plug&Charge with an ISO-15118 compliant communication interface, and a customized Charging Station Management System. The company unveiled EVIQ at the 35^th Electric Vehicle Symposium, EVS35, where it also presented its security testing framework for charging environments.

About MobilityXlab

MobilityXlab is a collaboration hub founded in 2017 by global companies to create and develop new innovations within future mobility – with each other and with startups. Our seven partners are CEVT, Ericsson, Polestar, Veoneer, Volvo Cars, Volvo Group, and Zenseact. Lindholmen Science Parks is the host organization. MobilityXlab is also supported by Region Västra Götaland and Vinnova, Sweden’s Innovation Agency. Over the first five years, MobilityXlab has seen startups applying from 50 countries. The collaboration platform has resulted in 75 proof of concepts and 12 accelerations, in the form of commercial contracts or partnerships.

26 May, 2022 . 2 mins read

AUTOCRYPT Closes Series B With $25.5 Million to Expand V2X and In-Vehicle Systems Security for Intelligent Transport

SEOUL, KOREA, May 26, 2022 — AUTOCRYPT, a leading secure mobility and V2X communications company, has raised a $25.5 million Series B round, with post-money valuation of $120 million. Leading backers included Korea Asset Investment Securities, Ulmus Investment, BSK Investment, Shinhan Venture Investments, JB Asset Management, STIC Ventures, Pathfinder H, and Hyundai Venture Investment.

In 2020, the company closed its Series A round with $15 million and began its Series B round in late 2021 with the goal to expand its V2X offerings globally. Establishing subsidiaries in Toronto, Canada and Munich, Germany, AUTOCRYPT is quickly growing its foothold in Europe and North America, with plans to open its Singapore office later this year.

CEO and co-Founder Daniel ES Kim said in a statement regarding the funding round, “We’re proud of AUTOCRYPT’s progressive growth, and believe the investments are a reflection of the tremendous amounts of effort we have put into cultivating relationships in this rapidly changing industry of connected mobility.”

Kim continued regarding AUTOCRYPT’s plans for the next year, remarking, “We believe secure V2X will be the key to wider adoption of autonomous driving – this means implementing secure V2X connectivity in not just vehicles, but roads, infrastructure, but also pedestrian devices.” Kim refers to AutoCrypt SCMS, a tri-standard compliant PKI for message verification across all types of end-entities in the V2X environment.

AUTOCRYPT is currently in talks with several public agencies across the globe to implement its V2X security and SCMS for C-ITS projects. AUTOCRYPT already manages security and PKI for all C-ITS projects on the Korean peninsula.

Besides its advancements in V2X security, AUTOCRYPT has also added Security Analyzer™ and Security Fuzzer™ to its in-vehicle systems security solution. Security Analyzer is an SBOM-based software vulnerability analysis platform, protecting vehicle software throughout its entire lifecycle, while Security Fuzzer effectively detects software flaws through smart fuzzing. Both tools are essential for today’s increasingly software-oriented E/E architecture. The company also plans to showcase its newest Plug&Charge (PnC) and EV-related offerings in Oslo at the 2022 International Electric Vehicle Symposium & Exhibition (EVS35).

25 April, 2022 . 3 mins read

AUTOCRYPT Demonstrates PKI Interoperability and Implementations at the 3rd ETSI C-V2X Plugtests Event

MUNICH, GERMANY, April 25, 2022 — AUTOCRYPT, a leading V2X communications cybersecurity company, was the only Asian PKI provider to participate in the 3rd C-V2X Plugtests ™ interoperability testing event organized by ETSI (European Telecommunications Standards Insititute) in partnership with 5GAA at the DEKRA technology center for automobiles located in Klettwitz, Germany. The event enabled different vendors, specializing in on-board units, roadside units, and public key infrastructure, to run test sessions and assess the level of interoperability based on the latest C-ITS communications and security standards, all under the watchful eye of highway operators, automobile manufacturers, and government bodies.

AutoCrypt V2X-PKI, a core component of the C-ITS security suite that is compliant with the standards of the US SCMS, European-based SCMS, and Chinese-based SCMS, has successfully demonstrated interoperability through various state-of-the-art safety use cases, including road hazard signaling, road works warning, time to green, in-vehicle signage, traffic jam warning, longitudinal collision risk warning, and intersection collision risk warning.

All the tests run by AUTOCRYPT were based on ETSI’s TS sector standards, including V2X communication security and SCMS for C-ITS. The tests showed that AUTOCRYPT’s solutions accomplished high levels of interoperability with other companies that are actively engaging in the development of C-V2X for the automotive industry. Through this inspection and supplementation, AUTOCRYPT expects to develop pilot projects led by the European governments and equipment companies within the year.

Daniel ES Kim, CEO of Autocrypt Technologies GmbH, said: “It was an honor for AUTOCRYPT to be one of the selected companies at the 3rd C-V2X Plugtests ™. As V2X communications usage in the automotive industry continues to increase and PKI plays a central role in its secure development, it is critical that we continue to strengthen our SCMS management capabilities through various interoperability tests across the globe. The successful demonstration of our PKI solutions means that we are continuing to lead the industry and ensure a safer, more reliable environment to support our users.”

AUTOCRYPT will continue to raise the standards in the PKI sector and will be demonstrating its new V2X capabilities at the highly anticipated ITF 2022 Summit this coming May. This year’s International Transport Forum will convene various experts across industries and governments to share insights on enabling social inclusion through utilizing innovative technologies in transport while promoting sustainable economic growth.

As the deployment of applications using PKI continues to increase, AUTOCRYPT looks forward to bringing new fully customizable products and solutions to market for the benefit and safety of the industry, passengers, and the public.