Shares of Pony AI Inc (NASDAQ: PONY) skyrocketed 15.55% in Monday's intraday trading, continuing its impressive rally from last week. The surge comes on the heels of a strategic partnership announcement with Chinese tech giant Tencent (HKG:0700), aimed at accelerating the commercialization of Pony AI's Robotaxi services.

The collaboration, revealed on April 25, involves integrating Pony AI's Robotaxi services into Tencent's popular Weixin mobility services platform and Tencent Maps. This integration is expected to significantly expand Pony AI's reach and accessibility, potentially driving widespread adoption of its autonomous vehicle services. Additionally, Tencent will support the development of Pony AI's PonyWorld virtual model, and both companies will collaborate on creating a high-performance testing and simulation platform for autonomous vehicles.

This partnership marks a significant milestone for Pony AI, leveraging Tencent's vast user base and technological capabilities to potentially accelerate its growth in the competitive autonomous driving market. The stock's continued upward momentum, following a 56% surge last week, reflects investor optimism about the company's future prospects in the rapidly evolving autonomous vehicle industry. As Pony AI solidifies its position in the Chinese market through this strategic alliance, it may be poised for further growth and expansion in the coming months.