Lyle over at GM-Volt was able to interview the CEO of Compact Power about the costs involved in making the lithium batteries that will go in the Chevy Volt.

Here’s an excerpt:

I recently had the chance to ask him about the cost of lithium-ion batteries.  As some sources suggest cost could be as high as $1000 kwh, I asked him what the actual cost is in today’s market.  My question with his explanation follows:

What is the cost of lithium ion automotive batteries?
Is its risky or dangerous to quote direct numbers.

At the cell level, in consumer applications, 100% of the nominal capacity at the beginning of life is somewhere on the order of $350 per kwh.

Read the rest here