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.
Transport
Winduction Puts Wireless Bus Charging Inside the Tyres
ETH Zurich spin-off Winduction fits charging coils inside bus tyres for wireless bus charging at stops, with a passenger pilot near Zurich Airport set for 2028.
Trump Administration Slashes US Fuel Economy Standards for Cars and Trucks
The US has cut fuel economy standards for new cars and light trucks, lowering the 2031 fleet target from about 50.4 to 34.9 miles per gallon.
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.
Depotcharge Raises €2.7m to Open Idle Truck Chargers to Rival Fleets
Munich start-up Depotcharge has raised €2.7 million to turn idle depot charging points into a shared network for Germany's electric road freight fleets.
AI Could Cut Emissions by up to 5.4 Billion Tonnes a Year
AI may transform the fight against climate breakdown and reduce emissions in key sectors. Report author Mattia Romani explains.
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.