A facile and highly efficient method was proposed for the separation and regeneration of LiFePO4 (LFP) cathode materials from spent lithium‐ion batteries (LIBs). The optimal separation conditions involved immersing the spent LFP materials in NaOH (0.5 mol/L) solutions at a temperature of 90 °C, with a solid‐liquid ratio of 30 g/L under stirring of 500 rpm. The high separation effect can be attributed to the synergistic action of several factors at the interface. Furthermore, the structure, composition, morphology, and electrochemical performance of the regenerated LFP (D‐LFP) materials at different temperatures were systematically investigated. Notably, the D‐LFP material generated through calcination at 650 °C for 10 h exhibited a initial discharge capacity of 154.4 mAh g−1 at 0.5 C and the capacity retention rate of 97.3 % after 100 cycles. Moreover, a detailed investigation of the kinetics of the separation and regeneration processes was carried out, along with an exploration of the underlying electrochemical mechanism. This idea not only mitigates the harmful impact of waste on both human health and the environment but also realizes the transformation of waste into valuable resource treasure, promoting a greener and more sustainable development of society.