The rapid adoption of electric vehicles (EVs) and the evolving needs of portable electronic devices has intensified the need for enhanced state diagnosis of Li-ion batteries (LIBs). As the applications for LIBs continue to grow, so too does their operational requirements; ranging from faster charging and improved safety to optimized energy control and extended lifespan. In order to keep pace with the growing requirements of LIBs, improvements in the monitoring of battery states must be achieved. Although electrochemical impedance spectroscopy (EIS) has existed since the 1960's, its potential as a diagnosis tool has only received widespread attention in recent years. In this paper, a detailed review on the applicability of impedance measurements for the estimation of the vital battery parameters of state of charge (SOC), state of health (SOH) and internal temperature (IT) has been performed.