Abstract Rechargeable Li‐ion batteries (LIBs) are ubiquitous in present society and play an important role in consumer electronics and electric vehicles. Increasing LIBs’ energy density is therefore becoming a crucial research challenge with great implications. Li metal is a high‐specific‐capacity anode, which suffers from uneven Li deposition, “dead” Li formation, dendrite growth, and the resulting severe capacity fading. Here, a strategy to enable a tremendous improvement for LiCoO 2 ‐based Li metal batteries (Li||LCO) is described and experimentally demonstrated. By simply adjusting the charge cut‐off voltage from 4.1 to 4.6 V, a high‐voltage stimulation effect (HvSE) is demonstrated, which offers a uniform, dense, and crack‐free Li deposition. As a result, the Li||LCO cell delivers a high energy density (ED) of 891 Wh kg ‐LCO −1 and a high capacity of 217 mAh g −1 can be maintained for more than 69 cycles. In contrast, the Li||LCO cell with the lower charge cut‐off voltage of 4.1 V only delivers a low ED (458 Wh kg ‐LCO −1 ), specific capacity (117 mAh g −1 ), and “capacity diving” occurs after only 35 cycles. This HvSE is also applied to run pouch cells, which generate greater than 20% capacity and cycling performance improvement with the higher charge cut‐off voltage.