In the first phase, buyers who have paid in full will receive training on how to use the car sometime at the end of May, but won’t actually receive the vehicle until phase 2 which is set to start sometime in June. If the money comes through, Faraday Future has announced a convoluted 3-phase delivery rollout. But if there’s one thing that Faraday has been consistently good at, it’s raising money when the pressure is on. Despite raising $135 million back in February, last week the automaker announced that it would need a significant cash infusion before deliveries could actually begin to take place. The EV purportedly boasts some ridiculous performance stats, with Faraday Future claiming “1,050 horsepower, an EPA-certified range of 381 miles, and 0-60 mph acceleration in 2.27 seconds.” Specifics on the pricing are not available, but the company has previously estimated the vehicle will cost around $180,000-200,000.įaraday Future isn’t quite out of the woods yet, however. The company also announced last year it was creating Bitmoji TV. Last year, Snap made a big push into gaming with Bitmoji Paint, a game that lets users collaboratively paint a pixelated canvas. The company has used the avatars to partner with fashion brands from Levis to Ralph Lauren. Snap has used Bitmoji, which it acquired from Bitstrips in 2016, as an entry into gaming, merchandise and other areas. With the addition of accessories, there is the potential for more revenue sources. Already, users are able to buy some of the clothes featured on Bitmoji. That level of detail could help entice brands. The new avatars show much more detail from stitching on outfits to the sparkle of jewelry. But both moves illustrate Snap Inc.'s intentions to move further into virtual fashion.

The AR and 3-D platform helps brands and retailers translate their clothes and accessories digitally. It comes the same day Snap confirmed that it acquired Culver City-based Vertebrae.

The new avatars are full-body designs with new 'Pixar'-like quality that can be shared on and off the platform. is decking out its avatars with more than 1,200 combinations of poses, gestures and backgrounds like cow prints and beach locations. Bitmojis are getting an upgrade on Snapchat with a new 3-D design that rolls out Monday.

Old bitmoji