The significant role of Li-ion batteries (LIBs) in electric vehicles (EVs) emphasizes their advantages in terms of energy density, being lightweight, and being environmentally sustainable. Despite their obstacles, such as costs, safety concerns, and recycling challenges, LIBs are crucial in terms of the popularity of EVs. The accurate prediction and management of LIBs in EVs are essential, and machine learning-based methods have been explored in order to estimate parameters such as the state of charge (SoC), the state of health (SoH), and the state of power (SoP). Various machine learning techniques, including support vector machines, decision trees, and deep learning, have been employed for predicting LIB states. This study proposes a methodology for comparative analysis, focusing on classical and deep learning approaches, and discusses enhancements to the LSTM (long short-term memory) and Bi-LSTM (bidirectional long short-term memory) methods. Evaluation metrics such as MSE, MAE, RMSE, and R-squared are applied to assess the proposed methods’ performances. The study aims to contribute to technological advancements in the electric vehicle industry by predicting the performance of LIBs. The structure of the rest of the study is outlined, covering materials and methods, LIB data preparation, analysis, the proposal of machine learning models, evaluations, and concluding remarks, with recommendations for future studies.