Nio Sustainability Profile
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 28 is lower than 51% 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, comprising 27,738,100 kg CO2e from Scope 1 and 100,708,830 kg CO2e from Scope 2 emissions. The previous year, 2023, saw total emissions of about 140,412,180 kg CO2e, with Scope 1 emissions at 27,555,350 kg CO2e and Scope 2 emissions at 112,856,830 kg CO2e. In 2022, Nio reported total emissions of approximately 118,435,940 kg CO2e, which included 26,535,320 kg CO2e from Scope 1, 91,900,620 kg CO2e from Scope 2, and 118,435,940 kg CO2e from Scope 3. 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 reductions in both Scope 1 and Scope 2 emissions. The company is actively working towards these goals, reflecting a commitment to sustainability and climate action.
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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 | - | - |
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Nio's Climate Goals (2030 & 2050)
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.
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