Tuya Inc. (NYSE: TUYA) rallied 5.37% in pre-market trading on Wednesday, following the announcement of a partnership with Chery, a Fortune Global 500 automaker, to pioneer the "car-home connectivity" ecosystem.

The collaboration aims to create a smart cockpit and accelerate the integration of automotive and home ecosystems, enabling seamless communication between cars, in-car devices, and smart home systems. Tuya, a global cloud platform service provider, will leverage its cutting-edge smart space solutions and comprehensive product integration capabilities to help Chery adapt to diverse lifestyle scenarios.

Through this partnership, Chery aims to strengthen its leadership in the automotive sector while exploring diversified development opportunities in smart living scenarios such as real estate, communities, and hospitality. Tuya's robust development tools and networking modules position the company to deliver high-quality solutions to a broader audience through Chery's robust channel system, driving the intelligent transformation of everyday scenarios.