The purpose of the company is the development, construction, operation and exploitation of a publicly accessible high-performance charging network in Europe for battery-powered heavy trucks and coaches, as well as cooperation with, operation and management of, and provision of consulting and other services to companies and other businesses. The company may acquire, hold, manage and sell participations in companies of all kinds in Switzerland and abroad. The company may also conclude all transactions and enter into agreements that directly or indirectly serve the purpose of the company or are directly related to it. The company is part of the Milence Group. It may act in the interest of the Milence Group or in the interest of individual companies of the Milence Group. The company may grant loans or other financing to its direct or indirect parent company and its direct or indirect subsidiaries, and provide security of all kinds for liabilities of such other companies, including by way of pledges on or fiduciary transfers of the company's assets or guarantees and personal securities of any kind, whether against payment or not. The company may establish branches and subsidiaries in Switzerland and abroad, and acquire, hold, manage and sell real estate.