The company's purpose is the planning, design and manufacture of machine parts and machines. Furthermore, the company's purpose is the purchase and sale of electric vehicles as well as the provision of services. The company may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire companies with an identical or similar purpose, merge with such companies, carry out all operations and conclude all contracts suitable for developing and expanding its purpose or related thereto directly or indirectly. It may acquire, encumber, manage or sell real estate.