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Recharging battery‐powered electric vehicles (EVs) in a similar timeframe as those used for refueling gas‐powered internal combustion vehicles is highly desirable for rapid penetration of the EV market. It is well known that the electrolyte in a battery plays a critical role in fast‐charging capability of the battery because it determines the rate of ion transport together with its derived electrode/electrolyte interphases on both cathode and anode of the battery. In this study, the effects of contents of salt, coordinating solvent, and noncoordinating diluent on salt dissociation degree and electrolyte ionic conductivity are investigated, and a controlled solvation structure electrolyte is developed to improve the lithium ion mobility and conductivity in the electrolyte and to enhance the kinetics and stability of the electrode/electrolyte interphases in the battery. This electrolyte enables fast‐charging capability of high energy density lithium‐ion batteries (LIBs) at up to 5 C rate (12‐min charging), which significantly outperforms the state‐of‐the‐art electrolyte. The controlled solvation structure sheds light on the future electrolyte design for fast‐charging LIBs. [ABSTRACT FROM AUTHOR]