Increasing the nickel content and broadening the voltage window are important means for LiNi x Co y Mn 1−x−y O 2 layered cathodes with low cost and high energy density, but these nickel-rich cathodes often suffer from structural instability and unsatisfactory cyclic performance. The systematic and detailed degradation mechanism especially under a high voltage is still unclear, which hinders the further development of nickel-rich cathodes. Our results show that due to the migration of high valence nickel ions to lithium sites, especially upon the deep removal of Li + ions, the nickel-rich cathode undergoes an irreversible phase transformation from a layered structure to a spinel or even rocksalt phase. Such irreversible phase transitions within a wide voltage window would cause insufficient lithium utilization and voltage decay, finally deteriorating the electrochemical performance of nickel-rich cathodes. In a narrow voltage range of 3.0−4.3 V, the capacity retention of the Ni-rich cathode is 93.4%, and the voltage fading is only 40 mV after 250 cycles. However, the cathode only exhibits a capacity retention of 77.4% with a significant voltage decay over 180 mV, as the voltage range further extends to 3.0−4.6 V. Furthermore, various characterizations and electrochemical performances demonstrate that the strengthened metal−oxygen bonds in the transition layer can produce stable structures and suppress phase transitions, thereby displaying superior electrochemical performance in the widened voltage window. As a result, the cycling retention of a Zr-doped cathode reaches 84.5%, and the voltage decay is only 50 mV after 250 cycles at 3.0−4.6 V, which exhibits excellent long-term cycle performance. These insights provide guidance for understanding the electrochemical mechanism and the design of high-voltage cathode materials.