Nio Inc., commonly referred to as Nio, is a prominent player in the motor vehicles, trailers, and semi-trailers industry, headquartered in China (CN). Founded in 2014, Nio has rapidly established itself as a leader in the electric vehicle (EV) market, focusing on the design and manufacturing of high-performance electric cars. The company is particularly known for its innovative battery-swapping technology, which sets it apart from traditional EV manufacturers.
With a strong presence in major operational regions including Europe and North America, Nio offers a range of electric SUVs and sedans that combine cutting-edge technology with luxury features. Notable achievements include the successful launch of the ES8 and ES6 models, which have garnered significant attention for their performance and design. As a forward-thinking company, Nio continues to push the boundaries of sustainable transportation, positioning itself as a key competitor in the global EV landscape.
-7 vs industry average
Nio’s score of 25 is lower than 39% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Motor Vehicle Manufacturing has above-average carbon intensity
Industry performance
The Motor Vehicle Manufacturing industry has reduced its overall emissions by 35% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Nio's reported carbon emissions
NIO, a Chinese motor vehicle manufacturer, has reported significant greenhouse gas emissions. In 2024, the company's total emissions were approximately 225.1 billion kg CO2e, encompassing Scope 1, Scope 2, and Scope 3 emissions. Scope 1 emissions for 2024 amounted to about 29.7 million kg CO2e. Scope 2 emissions, using market-based reporting, were approximately 100.7 million kg CO2e, while location-based reporting indicated about 120.9 million kg CO2e. Scope 3 emissions in 2024 were approximately 95.3 million kg CO2e.
For 2023, NIO reported Scope 1 emissions of about 27.6 million kg CO2e. Scope 2 emissions, under location-based reporting, were approximately 112.9 million kg CO2e, resulting in combined Scope 1 and 2 emissions of around 140.4 million kg CO2e.
In 2022, NIO's Scope 1 emissions totalled approximately 26.5 million kg CO2e, with Scope 2 emissions at about 91.9 million kg CO2e, leading to combined Scope 1 and 2 emissions of approximately 118.4 million kg CO2e.
NIO has established near-term climate commitments, aiming to submit its decarbonisation targets and roadmap by 2025. These commitments are aligned with the global goal of limiting temperature rise to below 1.5°C, covering Scope 1 and Scope 2 emissions. The company is working towards submitting these targets by 2025.
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Nio’s Climate Goals (2030 & 2050)
2 goals2025
NIO is committed to submitting its decarbonization targets a…
NIO is committed to submitting its decarbonization targets and roadmap by 2025, aligned with the global goal of limiting temperature rise to…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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