As the main by-product of fullerene, a novel form of solid carbon - the shell of the 'cylindrical hard deposit' was synthesized by electrical are discharge between two carbon electrodes. The results of the electrochemical intercalation of lithium into the shell in 1 M LiClO4 EC/DEC (50:50) electrolyte are presented here. Our results show that the shell has high irreversible capacity. Complementary analytical techniques, including X-ray diffraction, slow scan rate cyclic voltammetry, constant current charge-discharge tests and ac impedance investigations, were used for full structural characterization of the shell and the electrochemical intercalation of lithium.