Porous SiOxanodes for Li‐ion batteries with a high volumetric energy density are desired. Herein, carbon‐coated SiOx–SnO2hollow spheres are prepared by facile one‐pot high‐temperature annealing without using any template. During the process, SiOxis obtained through Sn reduction with the assistance of C. In the composite, the SiOxhollow spheres have a thin wall, the small SnO2particles are uniformly imbedded in the sphere wall, and the SiOx–SnO2hollow spheres are coated by cross‐linked carbon. As an anode, the composite has a large volumetric capacity (1339 mAh cm−3at 0.1 A g−1), a high gravimetric capacity (1030 mAh g−1at 0.1 A g−1), and a good cyclic stability (after 100 cycles, 90% capacity is retained compared with that of the second cycle at 0.5 A g−1). The high capacity and good cycle stability result from the superior structure of the composite. Furthermore, the thin wall of the sphere can timely release a large expanded volume during lithiation, and the conformal carbon also provides a framework to maintain the structural integrity and facilitate the formation of a stable solid–electrolyte interface. Carbon‐coated SiOx–SnO2hollow spheres are prepared by a one‐pot facile high‐temperature anneal method, which display a high volumetric energy density (1339 mAh cm−3at 0.1 A g−1) and a large gravimetric capacity (1030 mAh g−1at 0.1 A g−1).