Parallel Systems Raises $100m to Scale Autonomous Freight Rail
Parallel Systems has raised a $100m Series C led by AVP to build battery-electric autonomous freight rail vehicles that compete with trucks on short routes.
Rail
Alstom Wins €1.2 Billion Deal for Britain’s First Mainline Battery Trains
Alstom will build 29 battery-electric trains for TransPennine Express, with charging at Hull, Scarborough and Saltburn and delivery from 2032.
DB ESG To Explore Hydrogen-Powered Carbon Capture in Rail Sector
Learn how DB ESG and partners are using InnovateUK funding to assess hydrogen-powered initiatives for cleaner combustion engines.
Are Battery-Powered Trains The Future of Rail?
Discover the potential of battery-powered trains as a sustainable and cost-effective solution for railways worldwide.