Nio
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.
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.
Industry Benchmark
Nio's score of 8 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Nio's reported carbon emissions
In 2023, Nio Holdings Co., Ltd., headquartered in China, 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. This marks an increase from 2022, where total emissions were about 118,435,940 kg CO2e, with Scope 1 emissions at 26,535,320 kg CO2e and Scope 2 at 91,900,620 kg CO2e. Nio has not set specific reduction targets or committed to net-zero emissions as of the latest data. However, the company is classified as "Committed" to near-term targets, indicating a recognition of the need for climate action. The automotive sector, in which Nio operates, is under increasing pressure to reduce emissions, and the company is expected to align its strategies with industry standards for sustainability. Overall, while Nio's emissions have increased, the company is actively engaging in climate commitments, reflecting a broader trend within the automotive industry towards greater environmental responsibility.
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Add to project| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 26,535,320 | 00,000,000 |
| Scope 2 | 91,900,620 | 000,000,000 |
| Scope 3 | 118,435,940 | - |
Industry emissions intensity
Location emissions intensity
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 committed to some 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.
