http://www.laweekly.com/general/features/whos-resurrecting-the-electric-car/13975/

http://tinyurl.com/pry3y

excerpt from an excellent article:

But lithium costs exponentially more. "With a lead-acid battery pack,"
Wilson says, "if you spend $1,500, you get a range of 25 miles; with
nickel-metal hydride, for $6,000 you get a range of 60 to 100. With
lithium, you spend $20,000, but [get a] 200-mile range. Lithiums are
bitchin', but they're just not really available yet. So everybody's
stuck with lead-acid batteries."

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