A lot of progress has been made in rechargeable lithium-ion battery (LIB) technology research in the last decade, even so, renewed developmental efforts must be pursued to better improve energy density, capacity retention and rate capability. This review discusses the role that one-dimensional (1D) nanomaterials can play towards development of next-generation LIBs. Electrode nanoengineering, interfacial kinetics and high-volume manufacturing are critical issues limiting energy density, electrochemical performance and material viability. These points are discussed, as are the advantages of deploying these nanomaterials in rechargeable LIB devices. Current data from literature is indicative of laboratory-scale success as these 1D nanomaterials display excellent capacity retention, high-rate capability and long cycle life emanating from high mechanical strength, resilience and short charge carrier diffusion distance. However, significant advances are required to translate these achievements into commercial scale deployment.