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 28 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Nio's total carbon emissions amounted to approximately 130,446,930 kg CO2e (market-based) and 150,648,680 kg CO2e (location-based), with Scope 1 emissions at about 27,738,100 kg CO2e and Scope 2 emissions at approximately 100,708,830 kg CO2e. In 2023, the company reported total emissions of about 140,412,180 kg CO2e (location-based), with Scope 1 emissions of approximately 27,555,350 kg CO2e and Scope 2 emissions at about 112,856,830 kg CO2e. The 2022 data shows a total of approximately 118,435,940 kg CO2e in Scope 3 emissions, alongside Scope 1 and 2 emissions of about 26,535,320 kg CO2e and 91,900,620 kg CO2e, respectively. Nio has set ambitious climate commitments, pledging to submit its decarbonisation targets and roadmap by 2025. This initiative aims to align with the global goal of limiting temperature rise to below 1.5°C, specifically targeting reductions in both Scope 1 and Scope 2 emissions. The company is currently in the process of developing these targets, which are expected to be finalised within the near term. Nio's emissions data is sourced directly from NIO Inc. and does not cascade from any parent organisation. The company is actively working towards enhancing its sustainability practices and reducing its carbon footprint in the automotive industry.
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.