Weilai
Weilai, officially known as NIO Inc., is a prominent player in the electric vehicle (EV) industry, headquartered in China (CN). Founded in 2014, the company has rapidly established itself as a leader in the premium electric car market, particularly in major operational regions such as Europe and North America. NIO is renowned for its innovative electric vehicles, including the ES8, ES6, and EC6 models, which are distinguished by their cutting-edge battery technology and unique features like battery swapping. The company has achieved significant milestones, including a successful public listing and expanding its global footprint. With a strong commitment to sustainability and advanced technology, Weilai continues to enhance its market position, making notable strides in the EV sector and contributing to the future of transportation.
DitchCarbon Score
How does Weilai'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 Computer Services 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
Weilai's score of 20 is lower than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Weilai's reported carbon emissions
As of the latest available data, Weilai's carbon emissions have not been explicitly quantified in terms of total emissions (kg CO2e) for the years 2019 and 2020. However, the company has reported GHG emission intensities related to electricity consumption, with values of approximately 0.000312 kg CO2e/kWh in 2019 and about 0.000294 kg CO2e/kWh in 2020. This indicates a slight improvement in their emissions intensity over the two years. Currently, Weilai has not disclosed specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or any formal climate pledges. The absence of defined reduction initiatives suggests that the company may still be in the early stages of establishing comprehensive climate commitments. In the context of the automotive industry, where carbon emissions are a critical concern, Weilai's focus on improving GHG emission intensity is a step towards aligning with broader climate goals. However, further transparency regarding their overall emissions and specific reduction strategies would enhance their commitment to sustainability and climate action.
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.
Weilai is not committed to any reduction initiatives 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.
