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 33 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nio's reported carbon emissions
In 2024, Nio reported total carbon emissions of approximately 27,738,100 kg CO2e for Scope 1 and about 100,708,830 kg CO2e for Scope 2 (market-based). The combined total for Scope 1 and Scope 2 emissions reached around 130,446,930 kg CO2e. In 2023, Nio's emissions were slightly lower, with Scope 1 at about 27,555,350 kg CO2e and Scope 2 (location-based) at approximately 112,856,830 kg CO2e, leading to a total of around 140,412,180 kg CO2e for both scopes. Nio has set ambitious climate commitments, aiming to submit its decarbonisation targets and roadmap by 2025. This initiative aligns with the global objective of limiting temperature rise to below 1.5°C, specifically targeting reductions in both Scope 1 and Scope 2 emissions. The company is actively working towards these goals, although specific reduction percentages have not yet been disclosed. Overall, Nio's emissions data reflects a significant commitment to addressing climate change, with ongoing efforts to enhance sustainability in its operations.
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| 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 | - | - |
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 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.
