The company aims to establish, maintain and operate an exchange system for batteries of so-called SEVs (Small Electric Vehicles), including electric bicycles. By doing so, the company intends to increase the capacity of charging stations by 30 times and promote battery exchange. The battery exchange network enables three times more kilometers to be achieved from the lifespan of a battery. SEV distribution fleets can be halved with the help of the battery exchange network. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for third-party account, as well as provide guarantees and sureties for subsidiaries and third parties.