LIB is a secondary (rechargeable) battery and have been in the spotlight of battery development due to its advantageous qualities in our era of mobile electronics. To improve the LIB for its application in day-to-day life and beyond, development of its separate components, namely the cathode, anode and electrolyte, is essential. Hence, this paper compiles past developments of Lithium Ion Battery (LIB) components, focusing on a general overall view of cathode, anode and electrolytes materials, and including the recent development of LIB in Indonesia.