The release of Li + from stoichiometric LiCoO 2 (LCO) -a typical battery electrode material -is investigated by means of thermionic emission. Analysis of the data leads to an ionic work function of w Li+ (LCO) = 4.1 eV. Combination of this value with the electronic work function w e− (LCO) = 5.1 eV, also measured in this work by photoelectron spectroscopy, and with information available from the literature allows the set up, for the first time, of a complete thermodynamic cycle for a Li//LiCoO 2 battery. An open circuit cell voltage of 2.4 eV is derived in line with available literature information. The proofof-principle study presented here provides experimental data on the binding energy values, i.e., chemical potentials, of Li + -ions and electrons and thus of Li-atoms in LiCoO 2 as a battery cathode and is expected to open access to a better understanding and thus to a better design of battery materials.