“…Instead of the Li‐ion intercalation reaction in the graphite anode, conversion and alloying reactions in transition metal oxides have been suggested simply because of their high theoretical capacity. Recently, there have been several reports showing even higher reversible capacity than the theoretical prediction, which is a particularly odd, but now common, phenomenon explained by the mechanisms based on interfacial reactions; for example, 1) reversible formation/disruption of organic solid‐electrolyte interphase (SEI) films, 2) interfacial charge storage between metal nanocrystals and Li salts, and 3) reversible reaction between Li and LiOH on the surface of metal oxides . Although the origin of these reactions is quite heterogeneous in nature, all the reactions take place at the interface of the electrodes.…”