The investment will increase capacity at Ford’s Halewood transmission plant by 70 per cent to 420,000 electric vehicle power units a year.

British chocolate company Hotel Chocolat's chief executive Angus Thirlwell said he was confident people would turn to chocolate and treats to help lift their spirits during a recession.

Tesla will conduct an over-the-air software update on more than 435,000 electric vehicles made at its factory in China due to a rear-lighting defect.

Japanese company's latest gadget is the Mocopi system, a set of wearable motion trackers designed to bring users into the metaverse on their phones.