To outline the role of dual‐ion intercalation chemistry to reach sustainable energy storage, the present Review aimed to compare two types of batteries: widely accepted dual‐ion batteries based on cationic and anionic co‐intercalation versus newly emerged hybrid metal‐ion batteries using the co‐intercalation of cations only. Among different charge carrier cations, the focus was on the materials able to co‐intercalate monovalent ions (such Li+ and Na+, Li+ and K+, Na+ and K+, etc.) or couples of mono‐ and multivalent ions (Li+ and Mg2+, Na+ and Mg2+, Na+ and Zn2+, H+ and Zn2+, etc.). Furthermore, the Review was directed on co‐intercalation materials composed of environmentally benign and low‐cost transition metals (e. g., Mn, Fe, etc.). The effect of the electrolyte on the co‐intercalation properties was also discussed. The summarized knowledge on dual‐ion energy storage could stimulate further research so that the hybrid metal‐ion batteries become feasible in near future.