Sodium‐ion batteries have drawn worldwide attention as ideal candidates for the upcoming generation of large‐scale electrical energy storage devices due to the low cost and abundance of sodium. Due to its unique electrochemical and chemical properties, sodium‐ion batteries hold the promise of breaking geographical and environmental constraints, achieving efficient sodium storage under low‐temperature conditions. However, low‐temperature sodium‐ion batteries, especially for their electrode materials, still face numerous challenges, such as the sluggish electrochemical reaction kinetics, poor material stability, significant volume changes leading to the pulverization of materials and the rapid degradation of battery performance. Here, it is focused on the modification methods for electrode materials, the research progress on cathode and anode materials of low‐temperature sodium‐ion batteries is summarized systematically and the other components of the electrodes are discussed briefly, and the shortcomings of the current research and possible future research directions are discussed thoroughly.