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Lithium-ion (Li-ion) batteries have been fabricated in various ways to improve flexibility. Flexibility could be enhanced via active materials, separators, electrodes, and electrolytes, which could then be integrated to form flexible electronic devices with promising electrochemical properties compared to traditional non-flexible Li-ion batteries. Recent progress towards flexible Li- ion batteries fabrication, materials, and their electrochemical properties are investigated in this review. Additionally, recent developments in electronic devices utilizing flexible batteries and their future applications are explored. Portable and wearable electronics, as the primary beneficiaries of the flexible, rechargeable, and high-performance Li-ion batteries, are examined. In the end, various applications and challenges of flexible batteries in healthcare and various energy storage systems, considering practical implementation, are argued.