Culver City, Calif.-based Parallel Systems is testing autonomous battery-electric railcars for short-haul freight operations, and has raised $49.55 million in Series A funds to help build a fleet, ...
This is read by an automated voice. Please report any issues or inconsistencies here. The Los Angeles startup Parallel Systems has raised $100 million to develop autonomous, electric freight trains ...
Second generation Parallel Systems autonomous-electric rail vehicle. Vehicle is designed to carry cargo containers that might otherwise by transported by trucks or traditional freight trains. No ...