The $Li_4Ti_5O_{12}$/CNT composite is prepared by ultrasound associated sol-gel method. The prepared composite is characterized by SEM, TEM, XRD and TG analysis, and their electrochemical behaviors are investigated by cyclic voltammetry, electrochemical impedance spectroscopy and charge-discharge test in 1M $LiBF_4$/PC electrolyte. From the results, it is identified that the $Li_4Ti_5O_{12}$ nanoparticles coated on CNT surface have regular size with around 10~30 nm and spinel-framework structure. At the current rate of 20C, the discharge capacities of $Li_4Ti_5O_{12}$/CNT composites with CNT contents of 15, 30 and 50 wt% are 57, 63 and $48mAhg^{-1}$, respectively, which have similar value. The improved electrochemical behavior of the $Li_4Ti_5O_{12}$/CNT composite electrode is attributed to the addition of CNT with electronic conductivity.