Autocrypt Co., a South Korea-based automotive cybersecurity solution provider, has jointed an open electric car platform pushed by Taiwan-based manufacturing giant Hon Hai Precision Industry Co.
Autocrypt said the global electric car market is evolving very quickly and developers need to cooperate on both hardware and software, which is why it has joined the MIH Open Platform promoted by Hon Hai -- known as Foxconn internationally.
The move is especially timely because the World Forum for Harmonization of Vehicle Regulations, a working party of the United Nations, will require cybersecurity type approval in all new cars by July 2022, according to the company.
Autocrypt said its solutions will meet future demand for cybersecurity in electric cars and autonomous vehicles, and it looked forward to working with Hon Hai through the MIH Open Platform in the Greater China market and then globally.
The MIH Open Platform was initiated by Yulon Group subsidiary Hua-Chuang Automobile Information Technical Center Co., and Hon Hai formed a joint venture with Hua-Chang in February 2020 called Foxtron Vehicle Technologies Co. to strengthen the platform, which provides solutions to other automakers.
Hon Hai has said it plans to build the platform into the "Android of the electric car industry" as part of its efforts to penetrate the global electric vehicle market.
According to its website, Autocrypt has developed partnerships with several heavyweights such as Netherlands-based automotive chip designer NXP Semiconductors, South Korea's Hyundai, SK Telecom and Samsung Electronics Co. and China's SAIC Motor Corp.
Last week, Mazibuko Motor Co., a South Africa-based electric car battery and self-driving startup announced its participation in the MIH Open Platform.
According to the latest data released by Hon Hai, more than 800 companies had joined the platform as of the end of February.
On March 3, Hon Hai Chairman Liu Young-way (劉揚偉) called for the establishment of a national electric car cybersecurity alliance in Taiwan to deal with the fast arriving electric car era.
He suggested that the business sector, academia and the government should create such an alliance to facilitate the development of electric cars.
Hon Hai has been pushing its "3 plus 3" initiative to expand from its contract manufacturing business into hardware and software integration. The development of electric cars is central to that initiative and is focused on building an electric car supply chain.
Hon Hai's "3 plus 3" initiative refers to three emerging industries -- electric cars, robots and digital healthcare -- that are being developed through artificial intelligence, semiconductor and communication technologies.
Liu has said electric cars are at the top of Hon Hai's business agenda in 2021 and stressed that the company remains intent on taking a 10 percent share of the global electric car market.
The MIH Open Platform has scheduled a conference for March 25 for its members, with Hon Hai Chief Executive Officer Jack Cheng and Chief Technology Officer William Wei expected to exchange views with the members.