The company's purpose is the production, trade, distribution, and rental of electrically powered vehicles and machines of all kinds. Furthermore, the company provides services in the area of support, maintenance, and service for electrically powered vehicles. The company may establish branches and subsidiaries in Switzerland and abroad, acquire, sell, hold, and manage participations in companies in Switzerland and abroad. The company may acquire, hold, manage, exploit, and sell intellectual property rights, financial instruments, and products, finance affiliated companies, and carry out all commercial, financial, and other activities that are directly or indirectly related to the company's purpose. In particular, it may make investments in securities of all kinds, structured products, futures, and options on commodity exchanges. The company may acquire, hold, manage, rent, and sell real estate in Switzerland and abroad, provide financing for its own account or for third-party account, and grant guarantees and sureties for subsidiaries and third parties.