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Lithium batteries are currently the most popular and promising energy storage system, but the current lithium battery technology can no longer meet people's demand for high energy density devices. Increasing the charge cutoff voltage of a lithium battery can greatly increase its energy density. However, as the voltage increases, a series of unfavorable factors emerges in the system, causing the rapid failure of lithium batteries. To overcome these problems and extend the life of high‐voltage lithium batteries, electrolyte modification strategies have been widely adopted. Under this content, this review first introduces the degradation mechanism of lithium batteries under high cutoff voltage, and then presents an overview of the recent progress in the modification of high‐voltage lithium batteries using electrolyte modification strategies. Finally, the future direction of high‐voltage lithium battery electrolytes is also proposed.