City offers tax abatements to 2nd EV battery plant

Oct. 17—The city of Kokomo is offering the same incentives to the second electric vehicle battery plant as it did to the first. Local incentives for the second and recently announced $3.2 billion StarPlus Energy electric vehicle battery include 100% tax abatements on both real and personal property, according to an economic development agreement between the city and StarPlus Energy. …