By Senad Karaahmetovic

Nio, a three-year-old Chinese energy vehicle (NEV), startup Xpeng Inc Li Auto (NASDAQ:), today reported delivery figures for May at Li Auto (NYSE:).

Nio reported 7,024 deliveries for May, +38% month-over-month. May saw an increase of 56% in ES6 delivery numbers to 2,936 (up 56% MoM). The company said that its vehicle production has bounced back this month following the coronavirus outbreak in some of China’s major cities where its deliveries were curbed by the lockdown measures.

Nio stated that it will increase its production by cooperating supply chain partners, and accelerate the delivery recovery.

XPeng announced 10,125 vehicle deliveries for May. That brings the total delivered units to 53.688 this year.

The carmaker reported that it had 954 self-managed charging stations for cars, of which 774 were supercharging stations. There are also 180 additional charging points across China. XPeng has resumed double shift production in its Zhaoqing plant earlier this month.

Tim Hsiao, Morgan Stanley Analyst, expects even greater deliveries in June.

“Cumulative April and May sales reached 56-62% of the company’s 2Q guidance of 31-34k, implying XPeng will need to grow deliveries to 11.9-14.9k, or a 17-47% MoM increase, in June, which we view as undemanding, considering XPeng resumed double-shift production at its Zhaoqing plant from the last week of May. As for OTA upgrade, the company will soon launch ACC-Land LCC-L(L stands for LiDAR), which will carry out the industry’s first adaptive cruise control and lane center control function powered by camera and LiDAR-based perception,” Hsiao said in a client note.

Li Auto shipped 11,496 units during May, and reported total sales of 233. According to the carmaker, it is still struggling with shortages and said that its Changzhou plant has yet to resume normal production.

“Our checks indicate Li Auto’s production has been continuously ramping up into June, despite the overall run rate at the company’s Changzhou factory not yet being back to its previous peak level, given tight component supply,” the Morgan Stanley analyst added.

Li claimed that it has delivered 171,467 Li ONE units in total since the vehicle was launched in 2019.