NIO, Inc.
Industry Group: Automobiles
Country/Region: China
Identifier: HKG:9866
Nio is a leading electric vehicle maker, targeting the premium segment. Founded in November 2014, Nio designs, develops, jointly manufactures, and sells premium smart electric vehicles. The company differentiates itself through continuous technological breakthroughs and innovations such as battery swapping and autonomous driving technologies. Nio launched its first model, its ES8 seven-seater electric SUV, in December 2017, and began deliveries in June 2018. Its current model portfolio includes midsize to large sedans and SUVs. It sold over 160,000 EVs in 2023, accounting for about 2% of the China passenger new energy vehicle market.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Automobiles 55 out of 88
Universe
Global Universe 8827 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Ford Otomotiv Sanayi AS |
23.4
Medium
|
26 out of 88 |
Isuzu Motors Ltd. |
25.9
Medium
|
43 out of 88 |
Nissan Motor Co., Ltd. |
26
Medium
|
44 out of 88 |
NIO, Inc. |
27.2
Medium
|
55 out of 88 |
BAIC BluePark New Energy Technology Co., Ltd. |
29.4
Medium
|
70 out of 88 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
NIO, Inc.'s Exposure is Medium
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
NIO, Inc.'s Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Top Material ESG Issues for NIO, Inc.
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Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted NIO, Inc.'s ESG Risk Rating in the last three years
Highest Controversy Level