Presently, the negative electrodes of lithium-ion batteries (LIBs) are constituted by carbon-based materials, which exhibit a limited specific capacity 372 mAh g−1 associated with the cycle in the composition between C and LiC6. Therefore, many efforts are currently made towards the technological development of nanostructured graphene materials because of their extraordinary mechanical, electrical, and electrochemical properties. Recent progress on advanced hybrids based on graphene oxide (GO) and reduced graphene oxide (rGO) has demonstrated the synergistic effects between graphene and an electroactive material (silicon, germanium, metal oxides (MOx)) as electrode for electrochemical devices. In this review, attention is focused on advanced materials based on GO and rGO and their composites used as anode materials for lithium-ion batteries.