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 18 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Nio, headquartered in China (CN), reported total carbon emissions of approximately 140,412,190 kg CO2e, which includes 27,555,350 kg CO2e from Scope 1 and 112,856,830 kg CO2e from Scope 2 emissions. The previous year, 2022, Nio's emissions were about 118,435,940 kg CO2e in Scope 3, alongside 26,535,320 kg CO2e from Scope 1 and 91,900,620 kg CO2e from Scope 2. Despite these figures, Nio has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The company has not committed to any climate pledges or set Science-Based Targets Initiative (SBTi) reduction targets, indicating a potential area for future improvement in their climate strategy. Nio's emissions data reflects the company's operational impact and highlights the importance of addressing both direct and indirect emissions in their sustainability efforts.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | |
---|---|---|
Scope 1 | 26,535,320 | 00,000,000 |
Scope 2 | 91,900,620 | 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 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.