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 ...

Following Federal Railroad Administration (FRA) approval in April and launch of Phase 1 in June, Parallel Systems, in partnership with Genesee & Wyoming (G&W), has transitioned to Phase 2 of its first ...

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 ...

A bunch of former SpaceX engineers banded together to create a new startup looking to make electric and autonomous railway vehicles to revolutionize rail-based freight transport. They have a big task ...