Ford’s EV and software chief Doug Field is leaving the company

SITREP: Doug Field, Ford's chief of electric vehicles and software, is set to leave the company next month. Alan Clarke, a former Tesla engineer, will be promoted to vice president of advanced development projects, overseeing the Universal Electric Vehicle Platform. TACTICAL ASSESSMENT: This leadership change indicates a potential shift in Ford's strategy regarding electric vehicle development, particularly following significant financial losses. The promotion of Clarke suggests a focus on innovation and advanced technology as Ford seeks to regain momentum in the EV market. PROJECTED VECTORS: Ford may implement further restructuring within its EV division to enhance competitiveness and address recent financial challenges.