
Nio discloses first carbon reduction target and links executive pay to ESG goals

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Nio has set a carbon reduction target to decrease its vehicle carbon footprint by 43% by 2035, linking executive pay to ESG performance. The company aims to enhance its battery swap network and has made strides in supply chain carbon management, recycling over 1,100 vehicles. Nio also introduced advanced safety features and produced the world's first 5-nanometer automotive-grade smart driving chip. These initiatives align with stricter global environmental regulations as Nio expands its market presence.
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