Herein, the synthesis of a novel microencapsulated phase change material via a sol–gel method is presented, featuring disodium hydrogen phosphate dodecahydrate as the core and a SiO2/graphene oxide composite as the shell. The morphology and core–shell microstructure of the synthesized microcapsules are characterized using scanning electron microscopy. The phase change performance and thermal stability are evaluated by differential scanning calorimetry and a high/low temperature test chamber, respectively. Energy dispersive X‐ray spectroscopy and Fourier transform infrared spectroscopy are employed to determine the chemical composition of the microcapsules. The findings reveal that the MEPCM exhibited a high melting enthalpy of 174.3 J g−1. The degree of supercooling is reduced by 2.1 °C, and after 600 thermal cycles, the phase change enthalpy of the microcapsules showed a minor decrease of ≈6.0%. Notably, the thermal conductivity of the microcapsules is significantly enhanced, increasing by up to 51.8%. When integrated into the thermal management systems of lithium‐ion batteries, the MEPCM effectively maintained the battery temperature below 46 °C under a 3 C charging rate. In summary, these results suggest that the hydrated salt microcapsule with its hybrid silica and graphene oxide shell is a promising material for the thermal management of lithium‐ion batteries.