China Evergrande New Energy Vehicle
China Evergrande New Energy Vehicle Group Limited, commonly referred to as Evergrande NEV, is a prominent player in the electric vehicle (EV) industry, headquartered in Shenzhen, CN. Founded in 2019, the company has rapidly positioned itself within the burgeoning market for sustainable transportation, focusing on the development and manufacturing of electric vehicles and related technologies. Evergrande NEV aims to revolutionise the automotive landscape with its innovative electric vehicles, which are designed to offer superior performance and advanced features. The company has made significant strides in establishing a robust production capacity, with plans for multiple manufacturing facilities across China. Notably, Evergrande NEV has garnered attention for its ambitious goal of producing a wide range of EV models, catering to diverse consumer needs and preferences. As a key player in the EV sector, Evergrande NEV continues to strive for excellence and sustainability in the automotive industry.
DitchCarbon Score
How does China Evergrande New Energy Vehicle's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Motor Vehicle Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
China Evergrande New Energy Vehicle's score of 23 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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China Evergrande New Energy Vehicle's reported carbon emissions
In 2023, China Evergrande New Energy Vehicle reported total carbon emissions of approximately 18,510,620 kg CO2e. This figure includes about 1,029,410 kg CO2e from Scope 1 emissions and approximately 17,481,210 kg CO2e from Scope 2 emissions. In 2022, the company recorded total emissions of about 40,640,020 kg CO2e, with Scope 1 emissions at approximately 3,890,680 kg CO2e and Scope 2 emissions at around 36,749,340 kg CO2e. The trend shows a significant reduction in total emissions from 2022 to 2023. For the years 2021 and 2020, the emissions were approximately 59,675,030 kg CO2e and 30,668,290 kg CO2e, respectively. The breakdown for 2021 indicates about 642,910 kg CO2e from Scope 1 and approximately 59,032,120 kg CO2e from Scope 2. In 2020, Scope 1 emissions were about 1,123,670 kg CO2e, while Scope 2 emissions accounted for approximately 29,544,620 kg CO2e. Despite these figures, there are currently no publicly disclosed reduction targets or climate pledges from China Evergrande New Energy Vehicle. The company has not specified any initiatives under the Science Based Targets initiative (SBTi) or other formal reduction commitments. This lack of defined targets may reflect broader industry challenges in setting and achieving climate goals.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 1,123,670 | 000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 29,544,620 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
China Evergrande New Energy Vehicle is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
