24 Feb '15, 11pm

Hybrid Battery Thefts On The Rise In New York

A new battery for a Camry Hybrid can cost as much as $4,400 to replace and has a service life of approximately 150,000 miles. Taxis pile on a lot of miles each year, so replacing batteries can become expensive. Is it possible that some taxi fleet operators are paying criminals to steal hybrid batteries? After all, you can’t very well advertise them on Craigslist. Or perhaps the fleet owners are paying people to steal the batteries for them so they can get their insurance company to foot the bill for nice new batteries to replace the old worn out ones. Or maybe some crafty criminals simply located an low-risk, high-value target in the form of these batteries. It’s much easier to hide a battery pack than an entire car, after all

Full article: http://gas2.org/2015/02/24/hybrid-battery-thefts-on-the-r...

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