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Shares of the renewable energy stock rose following its earnings report.

21st May 2021 11:00 am Researchers at Surrey University have created a new method of torque vectoring aiming to improve electric vehicle (EV) safety and range. An EV developed for the STEVE project Developed as part of the EU’s STEVE project to deliver new concepts in urban mobility, the Surrey team’s method is suitable for implementation in everyday consumer EVs and aims to solve impracticalities in traditional torque vectoring approaches. Torque vectoring allows different amounts of drive power to be delivered to each wheel, improving the vehicle’s power consumption, safety and cont...

Gevo sees its 1Q cash balance swell to $525.3M ahead of renewable natural gas revenue generation The company expects its renewable natural gas project to generate $9 million to $16 million of cash annually beginning in late 2022 Gevo said the Front-End Engineering Design work for its Net-Zero 1 project is on track and is expected to be completed in December 2021 Gevo Inc (NASDAQ:GEVO) reported that it ended its first quarter of 2021 with cash and equivalents of $525.3 million, up from $78.3 million during the previous quarter, after the company completed two equity financings a...

Operator Hello, and welcome to Gevo's first-quarter 2021 earnings conference call. My name is Towanda, and I will be your operator for today's call. [Operator instructions] Please note that this conference is being recorded. I would now turn the call over to Geoff Williams, Gevo's vice president, general counsel, and secretary. Please go ahead, Mr. Williams. Geoff Williams -- Vice President, General Counsel, and Secretary Good afternoon, everyone, and thank you for joining Gevo's first-quarter 2021 earnings conference call. I would like to start by introducing today's participants from the c...

Author Bio Fool since 2011. I write about consumer goods, the big picture, and whatever else piques my interest. Follow me on Twitter to see my latest articles, and for commentary on hot topics in retail and the broad market. Follow @tmfbowman What happened Shares of  Gevo (NASDAQ:GEVO) were climbing today after the development-stage alternative fuel company posted first-quarter earnings results. With Gevo's revenue near zero, the focus seemed to be on progress at its Net-Zero 1 plant. The stock closed up 24% on the report. Image source: Gevo. So what Gevo reported ...