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 24 is lower than 54% 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'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 the previous year, 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. Nio has set ambitious climate commitments, aiming to submit its decarbonisation targets and roadmap by 2025. These targets are aligned with the global objective of limiting temperature rise to below 1.5°C, specifically addressing both Scope 1 and Scope 2 emissions. The company is currently in the process of defining its overall reduction percentages for these scopes. 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 develop its sustainability strategies, it remains focused on achieving significant reductions in its carbon footprint in the near term.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 27,555,350 | 00,000,000 |
| Scope 2 | 112,856,830 | 000,000,000 |
| Scope 3 | - | - |
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.
