Latest news with #TASARU
Arab News
7 days ago
- Automotive
- Arab News
TASARU and Blacklane drive Saudi Arabia's future of mobility
Saudi Arabia is undergoing a mobility transformation, one that mirrors the ambitions of Vision 2030 and the expectations of a digitally native, innovative-driven population. As cities expand and lifestyles evolve, the Kingdom is investing heavily in sustainable, tech-forward transportation solutions that match its bold economic and environmental goals. TASARU Mobility Investments is enabling the development of a smarter, greener transport ecosystem through strategic investments in partners like Blacklane. As a wholly owned entity of Saudi Arabia's Public Investment Fund, TASARU supports the transformation of the Kingdom's mobility sector by accelerating electrification, digitalization, and service excellence. Through this enabling role, TASARU is helping shape a new era of transport in Saudi Arabia in line with the goals of Vision 2030. TASARU's flagship collaboration is with Blacklane, the global chauffeur service renowned for premium, sustainable rides, which is now operating in Riyadh, Jeddah, Dammam, Madinah and Makkah. Blacklane blends global standards with local expectations in a market actively redefining luxury mobility. 'Saudi Arabia is setting the pace for how luxury mobility will evolve globally,' said Jens Wohltorf, founder and CEO of Blacklane. 'Together with TASARU, we're delivering seamless, high-quality experiences that blend luxury with sustainability values that resonate deeply with our guests and Vision 2030.' Blacklane's expansion is underpinned by a growing fleet of electric vehicles and a commitment to local innovation. The company is working closely with Lucid Motors, whose Lucid Air and upcoming Gravity SUV will soon be integrated into Blacklane towards the end of 2025, bringing cutting-edge EV performance to the streets of Saudi Arabia. Meanwhile, EVIQ, the Kingdom's EV infrastructure leader, is providing the charging backbone for this EV expansion. In addition to building out charging networks, EVIQ is co-developing training programs through Blacklane's Chauffeur Training Academy, ensuring drivers are equipped with the latest in EV safety, charging, and service excellence. Blacklane's vision for premium mobility is expanding beyond the road, with new initiatives seamlessly connecting air and ground travel. A key example is the partnership with Riyadh Air, Saudi Arabia's national airline, which offers complimentary chauffeur services within a 50 km radius of King Khalid International Airport. The service is available to Business Elite, Business Class, and eligible loyalty members, delivering a world-class hospitality experience from touchdown to final destination. The company's services are already seeing strong traction. Airport transfers and city-to-city travel is performing exceptionally well, with intercity bookings showing sustained growth. Blacklane is also piloting a new 'faster-pickups' service in Riyadh's King Abdullah Financial District, designed to reduce wait times and enhance convenience for business travelers. 'This is just the beginning of a long-term commitment to sustainable innovation in the Kingdom,' said Adib Samara, general manager for Saudi Arabia at Blacklane. 'We're listening closely to the market and evolving with it.' The evolution is being enabled by TASARU, whose strategic backing has supported Blacklane's expansion across the Kingdom. The partnership is grounded in a shared commitment to a smarter, greener future aligned with Vision 2030. 'TASARU's investment in Blacklane reflects our mission to power a new era of mobility in Saudi Arabia. By enabling sustainable transport solutions and nurturing local capabilities, we are building a future-ready ecosystem fully aligned with Vision 2030,' said Michael Müller, CEO of TASARU Mobility Investments.
Tourism Breaking News
22-04-2025
- Automotive
- Tourism Breaking News
Blacklane unveils expansion in Saudi Arabia
Post Views: 46 Blacklane has revealed expansion plans throughout the Kingdom of Saudi Arabia as part of its growth strategy. This milestone marks the first phase of Blacklane's expansion across the Kingdom, supported by TASARU Mobility Investments ('TASARU'), an investment entity wholly owned by the Public Investment Fund ('PIF'). The expansion follows the momentum of Blacklane's scale-up across Dubai and marks a considerable step in its continued growth across the Middle East. Blacklane now has operations in more than 50 countries. Addressing the increasing demand for luxury and sustainable mobility services in the region, Blacklane will offer premium vehicles, with plans to introduce electric vehicles (EVs) in a future phase to set a new benchmark for sustainable mobility across the Kingdom. Plus, Blacklane's investment plans include the roll out of the Blacklane Chauffeur Academy providing professional training options to chauffeur partners in Saudi Arabia. First-class options available on the Blacklane platform will include Blacklane's trademark black and white two-tone luxury vehicles. Dr. Jens Wohltorf, CEO and co-founder, Blacklane, said: 'Bringing our luxury chauffeur service to the Kingdom marks an exciting milestone in Blacklane's global expansion. Saudi is a key destination for sophisticated travellers and residents alike, and we're proud to introduce a new standard of reliable, high quality and seamless mobility to the region. We are dedicated to fostering local talent and supporting the continued growth of Saudi's thriving economic diversification'. Michael Mueller, CEO of TASARU Mobility Investments, said: 'TASARU's investment in Blacklane marks a key milestone in our ongoing efforts to transform the mobility sector in Saudi Arabia. By introducing premium, sustainable chauffeur services and advanced training through the Chauffeur Academy, we're actively contributing to Vision 2030's objectives, including economic diversification, and local job creation. Blacklane's presence in the Kingdom not only enriches the mobility landscape but also sets the standard for future growth and innovation.' Following the establishment of the Riyadh office, Blacklane has made several strategic appointments in the last few months as part of its expansion across the Kingdom. Led by general manager Adib Samara, this growing sales, marketing, operations and account management team is a critical component in the brand's expansion and investment across Saudi Arabia. Blacklane provides chauffeur services in Riyadh, Jeddah, Dammam, and Mecca. Presence across further cities in Saudi Arabia will be announced in the coming months.
Zawya
21-04-2025
- Automotive
- Zawya
Blacklane unveils Saudi Arabia expansion
Riyadh, Saudi Arabia: Blacklane, the global chauffeur service, has revealed expansion plans throughout the Kingdom of Saudi Arabia as part of its growth strategy. This milestone marks the first phase of Blacklane's expansion across the Kingdom, supported by TASARU Mobility Investments ('TASARU'), an investment entity wholly owned by the Public Investment Fund ("PIF"). The expansion follows the momentum of Blacklane's scale-up across Dubai and marks a considerable step in its continued growth across the Middle East. Blacklane now has operations in more than 50 countries. Addressing the increasing demand for luxury and sustainable mobility services in the region, Blacklane will offer premium vehicles, with plans to introduce electric vehicles (EVs) in a future phase to set a new benchmark for sustainable mobility across the Kingdom. Plus, Blacklane's investment plans include the roll out of the Blacklane Chauffeur Academy providing professional training options to chauffeur partners in Saudi Arabia. First-class options available on the Blacklane platform will include Blacklane's trademark black and white two-tone luxury vehicles. Dr. Jens Wohltorf, CEO and co-founder, Blacklane, said: 'Bringing our luxury chauffeur service to the Kingdom marks an exciting milestone in Blacklane's global expansion. Saudi is a key destination for sophisticated travellers and residents alike, and we're proud to introduce a new standard of reliable, high quality and seamless mobility to the region. We are dedicated to fostering local talent and supporting the continued growth of Saudi's thriving economic diversification'. Michael Mueller, CEO of TASARU Mobility Investments, said: 'TASARU's investment in Blacklane marks a key milestone in our ongoing efforts to transform the mobility sector in Saudi Arabia. By introducing premium, sustainable chauffeur services and advanced training through the Chauffeur Academy, we're actively contributing to Vision 2030's objectives, including economic diversification, and local job creation. Blacklane's presence in the Kingdom not only enriches the mobility landscape but also sets the standard for future growth and innovation.' Following the establishment of the Riyadh office, Blacklane has made several strategic appointments in the last few months as part of its expansion across the Kingdom. Led by general manager Adib Samara, this growing sales, marketing, operations and account management team is a critical component in the brand's expansion and investment across Saudi Arabia. Blacklane provides chauffeur services in Riyadh, Jeddah, Dammam, and Mecca. Presence across further cities in Saudi Arabia will be announced in the coming months. For more information, visit ABOUT BLACKLANE We are Blacklane, providers of premium global chauffeur services. Our mission is to create outstanding experiences for discerning guests by delivering perfect experiences around the world to inspire for a better future. Blacklane offers Airport Transfers, City-to-City commutes, In-City mobility options and chauffeur By-the-Hour services in over 50 countries globally, either pre-booked or on demand. Whether it's for business or pleasure, Blacklane and its 400 employees and thousands of chauffeur partners have the right premium transportation service for you. By changing how people move, we opened up new opportunities for our chauffeur providers and set industry standards for climate protection in the travel industry. Book on or download our app. For further information, please contact press@ or enquiries@
Arabian Business
13-02-2025
- Automotive
- Arabian Business
Saudi Arabia launches automotive logistics powerhouse through 3-way partnership
TASARU Mobility Investments (TASARU), a Saudi PIF-owned investment entity, announced the launch of a joint venture with Bahri, the National Shipping Company of Saudi Arabia, and MOSOLF Group, a leading European provider of automotive logistics and technology solutions. This joint venture aims to deliver comprehensive and innovative logistics solutions tailored to meet the needs of the automotive and mobility sectors in Saudi Arabia. Saudi Arabia automotive logistics solutions It aims to promote the concept of sustainable logistics innovation by leveraging advanced technologies and developing infrastructure that supports the transformation of the automotive and mobility landscape. The JV will leverage the strength of all three partners to deliver integrated, world-class logistics solutions for the automotive and mobility sectors in Saudi Arabia. TASARU's primary role in this strategic investment involves providing essential capital, facilitating access to the local market, and strengthening the ability of automotive companies to efficiently manage their operations within the Kingdom while effectively meeting market demand. Michael Mueller, Chief Executive Officer of TASARU, said the partnership represents a strategic investment to address increasing demand in the automotive and mobility sectors. 'This joint venture is one of many initiatives that signify a critical step toward enhancing the Kingdom's global competitiveness and driving sustainable logistics innovation in the automotive and mobility sectors,' he said. نفخر بشراكتنا مع @BahriLogistics و Mosolf لإطلاق مشروع استراتيجي مبتكر في قطاع الخدمات اللوجستية للسيارات في المملكة. يجمع هذا المشروع بين نقاط القوة لكل شريك لتقديم حلول لوجستية متكاملة تلبي احتياجات السوق في قطاع السيارات، بما يتماشى مع رؤية المملكة 2030. — TASARU Mobility Investments (@tasaruksa) February 12, 2025 Leveraging its extensive expertise in maritime transportation and logistics, Bahri Logistics will play a pivotal role in overseeing the shipping and operational aspects of the joint venture. As a global leader in maritime operations, Bahri operates across five key business units – oil, chemicals, logistics, dry bulk, and ship management. Soror Basalom, President of Bahri Integrated Logistics, said the collaboration with Mosolf Group's technical expertise and TASARU's investment prowess brings together to the company a robust automotive logistics infrastructure and solutions. 'This joint venture not only boosts our operational capabilities but also enhances the efficiency of vehicle import and export operations and supports the growth of the local manufacturing infrastructure,' he said. Building on its position as a leading Germany-based automotive logistics provider, Mosolf Group will leverage its extensive experience managing large-scale operations across Europe. By drawing on this vast expertise, Mosolf will bring advanced technical knowledge, logistical support, and industry best practices to the joint venture. Dr. Jörg Mosolf, Chief Executive Officer of Mosolf Group, said the company's experience in managing the transport of three million vehicles annually across more than 41 technical and logistics centers in Europe positions it uniquely to bring best practices and advanced logistics solutions to the JV.
