Yes, you read the headline right. A quarter of a million dollars per Volt so far. Article here. Especially choice is the reply from a GM spokesperson: the Japanese and Korean governments give bigger subsidies -- sorry, "investments" -- to their battery manufacturers, "investments" that exhibit "foresight and innovation leadership" [sic]. Then The GM representative says the "Mackinac Center's math was 'simple and selective'" without offering complex and comprehensive math to rebut it.
If you didn't have warm fuzzies about the Volt before, this should positively send a tingle up your leg.