The company's purpose is to conduct research, exploit research results, produce and distribute electric vehicles, electric sports equipment, batteries and electric drive systems, trade, import and export, as well as develop scientific calculation software. The company can enter into all transactions and conclude contracts that are suitable for promoting the purpose of the company or that are directly or indirectly related to it. It can acquire, hold and sell real estate, securities, copyrights, patents and licenses of all kinds, provide financing for its own account or for the account of third parties, and grant guarantees and warranties for subsidiaries and third parties. Furthermore, it can establish branches in Switzerland and abroad, participate in other companies, merge with them or acquire them.