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 networks.
Genesee & Wyoming Inc. (G&W) subsidiaries Georgia Central Railway, L.P. (GC) and Heart of Georgia Railroad, Inc. (HOG) on Aug. 10 filed a petition with the Federal Railroad Administration (FRA) to pilot
Culver City, Calif.-based Parallel Systems has been awarded a $4.4 million U.S. Department of Energy (DOE) grant to test its autonomous, battery-electric-powered railcar technology. DOE is distributing a total of $175 million to 68 projects through the Advanced Research Projects Agency-Energy (ARPA-E).
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, continue testing and grow the company, it reported on Jan. 19.