The creation, research and development, production, sale, import and distribution of light electric vehicles. The Company may, in addition, carry out, on its own account or on behalf of third parties, all commercial, industrial, movable or immovable operations, as well as all advisory activities, which may be directly or indirectly related to its purpose or to any similar purpose, create branches or subsidiaries in Switzerland and abroad; participate in all companies having a direct or indirect connection with its purpose. It may grant loans or guarantees to shareholders or third parties.