Public Profile

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.

18

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.

14

Industry Benchmark

China Evergrande New Energy Vehicle's score of 18 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.

45%

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 1,029,410 kg CO2e from Scope 1 emissions and 17,481,210 kg CO2e from Scope 2 emissions. Over the previous years, the company has shown a trend in its emissions data. In 2022, total emissions were about 40,640,020 kg CO2e, with Scope 1 at 3,890,680 kg CO2e and Scope 2 at 36,749,340 kg CO2e. In 2021, emissions peaked at approximately 59,675,030 kg CO2e, with Scope 1 contributing 642,910 kg CO2e and Scope 2 at 59,032,120 kg CO2e. The company reported a significant reduction in emissions from 2021 to 2023, indicating a positive trend towards lowering its carbon footprint. Despite these reductions, there are currently no specified reduction targets or climate pledges disclosed by the company. The absence of formal commitments suggests that while emissions have decreased, a structured approach to long-term climate goals may still be in development.

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Add to project
2020202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. China Evergrande New Energy Vehicle's primary industry is Motor vehicles, trailers and semi-trailers (34), which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. China Evergrande New Energy Vehicle is headquartered in CN, which we do not have grid emissions data for.

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 committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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