NIO on Wednesday maintained its delivery guidance of 10,000 Onvo sub-brand vehicles for December and 20,000 units for next March, despite production ramp-up challenges caused by supply chain bottlenecks linked to the complexity of new technologies. In October, Onvo’s first full month of deliveries, NIO delivered 4,319 L60 crossovers, the company’s first lower-cost, mass-market electric vehicle, which went on sale in September at a lower-than-expected starting price under its battery leasing program. Li also announced plans to release two new Onvo models next year: a six- to seven-seater SUV and a mid-size crossover, as well as the first model from its third sub-brand, Firefly, which aims to compete with BMW’s small car brand Mini. NIO’s vehicle margin rose to 13.1% in the June-to-September quarter, up from 12.2% in the second quarter, though net loss increased 11% year-over-year to more than RMB 5 billion ($721 million). [TechNode reporting, NIO release]