A 10-parameter Electrical Equivalent Circuit (10-parameter EEC) has been proposed to evaluate the electrochemical characterizations which are resistance, reactance and relaxation frequency of Lithium-ion battery (LIB) slurry under different components weight ratio of three samples composed of PVDF-NMP solution, Carbon Black (CB) absent slurry and CB present slurry. The 10-parameter EEC is constructed by combining the internal structure of LIB slurry and the electrochemical responses of three samples. Four conclusions are clarified by fitting Electrochemical Impedance Spectroscopy (EIS) Nyquist and Bode plots with the 10-parameter EEC. Firstly, the standard deviation S of the 10-parameter EEC = 14.3% is lower than that of a conventional 8-parameter EEC = 30.6% by S = 16.3%. Secondly, the resistance of electric double layer (EDL) R dl is firstly increased and then decreased as LiCoO 2 particles weight ratio wt LiCoO 2 is increased, which is well explained by LiCoO 2-PVDF ratio effect. Thirdly, the resistances of PVDF-NMP solution R SO and conductive path R p are the resistances of LiCoO 2-NMP interface dispersion and PVDF-NMP solution dispersion in LIB slurry. Lastly, relaxation frequencies of LiCoO 2-NMP interface dispersion f relax,high and PVDF-NMP solution dispersion f relax,low obtained from EIS experiment can be represented by those of f relax1 and f relax2 calculated from the 10-parameter EEC.