Los Angeles, Calif.-based Parallel Systems on Sept. 12 introduced its second-generation autonomous battery-electric freight car, which it plans to pilot test on existing U.S. and international rail ...

Parallel Systems is partnering with Genesee & Wyoming Railroad (G&W) to launch the commercial deployment of its railcars. Credit: Parallel Systems. Parallel Systems has announced plans to commence its ...

A California startup co-founded by three former SpaceX engineers has emerged from stealth with a plan to build autonomous electric vehicles to haul freight by rail, and has raised a sizable pot of ...

A former SpaceX engineer who's now developing self-driving electric freight train cars says the technology could help alleviate the nationwide trucker shortage. Matt Soule, cofounder and CEO of ...

Parallel's rail cars do not need a locomotive — they are individually powered. Parallel Systems, an electric rail vehicle maker founded by three SpaceX veterans, picked up nearly $50 million in Series ...

Los Angeles, Calif.-based Parallel Systems on Dec. 20 released a video of its new autonomous battery-electric freight cars, which it said showed them “successfully platooning,” or “connecting with one ...