Nio Inc., commonly referred to as Nio, is a prominent player in the motor vehicles, trailers, and semi-trailers industry, headquartered in China (CN). Founded in 2014, Nio has rapidly established itself as a leader in the electric vehicle (EV) market, focusing on the design and manufacturing of high-performance electric cars. The company is particularly known for its innovative battery-swapping technology, which sets it apart from traditional EV manufacturers.
With a strong presence in major operational regions including Europe and North America, Nio offers a range of electric SUVs and sedans that combine cutting-edge technology with luxury features. Notable achievements include the successful launch of the ES8 and ES6 models, which have garnered significant attention for their performance and design. As a forward-thinking company, Nio continues to push the boundaries of sustainable transportation, positioning itself as a key competitor in the global EV landscape.
-6 vs industry average
Nio’s score of 24 is lower than 40% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Motor Vehicle Manufacturing has above-average carbon intensity
Industry performance
The Motor Vehicle Manufacturing industry has reduced its overall emissions by 8% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Nio's reported carbon emissions
NIO, a motor vehicle manufacturer headquartered in China, reported approximately 150.6 billion kg CO2e in Scope 1 and 2 emissions for 2024 (location-based). The company's total disclosed emissions for 2024, encompassing Scope 1, 2, and 3, amounted to approximately 275.6 billion kg CO2e. For 2023, NIO's Scope 1 and 2 emissions (location-based) were approximately 140.4 billion kg CO2e. In 2022, Scope 1 and 2 emissions totalled approximately 118.4 billion kg CO2e. NIO is committed to submitting its decarbonisation targets and roadmap by 2025, aligning with the global goal of limiting temperature rise to below 1.5°C. These commitments cover near-term targets for Scope 1 and Scope 2 emissions. The company's 2024 ESG report is the source for these reduction initiatives.
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Nio’s Climate Goals (2030 & 2050)
2 goals2025
NIO is committed to submitting its decarbonization targets a…
NIO is committed to submitting its decarbonization targets and roadmap by 2025, aligned with the global goal of limiting temperature rise to…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Nio
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