The company's purpose is to manufacture and distribute batteries, battery modules and battery cells as well as other related products, to introduce a repair and recycling system for batteries, and to develop and market an energy management software. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire, exploit, manage or sell real estate and intellectual property rights. It may also provide financing for its own account or for the account of third parties, as well as grant guarantees and warranties for affiliated companies and third parties. Furthermore, the company may conduct all business that is directly or indirectly related to its purpose.