Nio Inc., commonly referred to as Nio, is a prominent player in the electric vehicle (EV) industry, headquartered in Nanjing, China (CN). Founded in 2014, Nio has rapidly established itself as a leader in the premium electric car market, focusing on innovative technologies and sustainable mobility solutions. The company primarily operates in China, with expanding markets in Europe and North America. Nio's core offerings include high-performance electric SUVs and sedans, distinguished by their cutting-edge battery-swapping technology and advanced autonomous driving features. Notable models such as the ES8 and ET7 have garnered significant attention for their design and performance. With a commitment to redefining the EV experience, Nio has achieved remarkable milestones, including a successful public listing and a growing customer base, positioning itself as a formidable competitor in the global automotive landscape.
How does Nio'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.
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.
Nio's score of 36 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Nio reported total carbon emissions of approximately 140412190 kg CO2e, comprising 27555350 kg CO2e from Scope 1 and 112856830 kg CO2e from Scope 2. The previous year, 2022, saw total emissions of about 140000000 kg CO2e, with Scope 1 emissions at 26535320 kg CO2e and Scope 2 emissions at 91900620 kg CO2e. Nio has set ambitious climate commitments, aiming to submit its decarbonisation targets and roadmap by 2025. This initiative aligns with the global objective of limiting temperature rise to below 1.5°C, focusing on both Scope 1 and Scope 2 emissions. As of 2024, Nio's emissions increased slightly, with Scope 1 emissions at 27738100 kg CO2e and Scope 2 emissions reported as 120910580 kg CO2e. The company continues to work towards reducing its carbon footprint while enhancing its sustainability practices.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | 26,535,320 | 00,000,000 | 00,000,000 |
Scope 2 | 91,900,620 | 000,000,000 | 000,000,000 |
Scope 3 | 118,435,940 | - | - |
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.
Nio 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.