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 lower than 52% 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). This included about 27,738,100 kg CO2e from Scope 1 emissions and approximately 100,708,830 kg CO2e from Scope 2 emissions. In 2023, Nio reported similar figures, with total emissions of about 140,412,180 kg CO2e (location-based), comprising approximately 27,555,350 kg CO2e in Scope 1 and 112,856,830 kg CO2e in Scope 2. Nio's emissions data for 2022 included about 26,535,320 kg CO2e in Scope 1, approximately 91,900,620 kg CO2e in Scope 2, and around 118,435,940 kg CO2e in Scope 3, indicating a comprehensive approach to emissions reporting across all scopes. Nio has set ambitious climate commitments, aiming to submit its decarbonisation targets and roadmap by 2025. These targets are aligned with the global goal of limiting temperature rise to below 1.5°C, specifically addressing reductions in both Scope 1 and Scope 2 emissions. Overall, Nio is actively working towards enhancing its sustainability profile and reducing its carbon footprint in line with industry standards.
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 | - | - |
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Nio has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
