Tax incentives and/or other incentives for drivers of electric vehicles in Borden.
A low-speed vehicle is defined as a four-wheeled electric vehicle capable of achieving a speed of up to 35 miles per hour (mph) that meets the standards in Title 49 of the U.S. Code of Federal Regulations, section 571.500. An individual may not operate a low-speed vehicle on a highway that has a posted speed limit greater than 35 mph.
EV owners are required to pay an additional registration fee of $221, and plug-in hybrid and hybrid electric vehicle owners are required to pay an additional registration fee of $74. EV fees will be updated annually based on the special fuel tax index factor. For more information, see the Indiana Bureau of Motor Vehicles Fee Chart
(Reference Indiana Code 9-18.1-5-12, 6-6-1.6-2(b), and C 6-6-1.6-3)
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