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Public Profile
Motor Vehicle Manufacturing
CN
updated 10 days ago

Nio

Company website

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.

DitchCarbon Score

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.

33

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.

25

Industry Benchmark

Nio's score of 33 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.

58%

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Nio's reported carbon emissions

In 2024, Nio's total carbon emissions amounted to approximately 130,446,930 kg CO2e on a market-based accounting method, with Scope 1 emissions at about 27,738,100 kg CO2e and Scope 2 emissions at approximately 100,708,830 kg CO2e. For 2023, Nio reported total emissions of about 140,412,180 kg CO2e, with Scope 1 emissions at approximately 27,555,350 kg CO2e and Scope 2 emissions at about 112,856,830 kg CO2e. In 2022, the company recorded total emissions of approximately 118,435,940 kg CO2e in Scope 3, alongside Scope 1 emissions of about 26,535,320 kg CO2e and Scope 2 emissions of approximately 91,900,620 kg CO2e. Nio has set ambitious climate commitments, pledging to submit its decarbonisation targets and roadmap by 2025. This initiative aligns 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 detailed in their upcoming reports. Nio's emissions data is not cascaded from any parent organisation, and all figures are reported directly from Nio Inc. As the company continues to enhance its sustainability efforts, it remains focused on achieving significant reductions in its carbon footprint.

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202220232024
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
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Nio'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. This request for Nio is 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.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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