Compressed air isn't that lightweight, especially when you are talking about 300 bar. That's 300x denser than usual (roughly 315 kg/m^3 at 20 Celcius), even before you get to the weight of the material needed to contian it. However, it said they used a form of carbon fibre for that.
-edit-
It says on the site (under the FAQ) that the car holds 90 m^3 (at 300bar), so that's ~92kg just for the compressed air itself. I think standard batteries are a good bit lighter.
On the plus side, it get's lighter as you expend it :-D