Parallel is a Los Angeles-based company developing autonomous, battery-electric rail vehicles intended to modernize freight transportation. Founded in 2020, the company's core technology involves modular, self-propelled rail cars designed to operate on existing rail infrastructure, offering a zero-emissions alternative for moving freight.
The company's work spans several technical domains, including autonomous vehicles, battery-electric powertrains, rail systems, and fleet management software. Parallel's focus is on providing a flexible logistics technology solution that aims to shift freight movement from trucks to rail.
In 2023, Parallel received a $4.5 million ARPA-E grant from the U.S. Department of Energy, supporting its research and development efforts in this area.
