Several commercial automotive battery suppliers have developed lithium ion cells which use cathodes that consist of a mixture of two different active materials. This approach is intended to take advantage of the unique properties of each material and optimize the performance of the battery with respect to the automotive operating requirements. Certain cathode materials have high coulombic capacity and good cycling characteristics, but are costly and exhibit poor thermal stability (e.g., LiNi x Co1−x−y Al y O2). Alternately, other cathode materials exhibit good thermal stability, high voltage and high rate capability, but have low capacity (e.g., LiMn2O4). By blending two cathode materials the shortcomings of the parent materials could be minimized and the resultant blend can be tailored to have a higher energy or power density coupled with enhanced stability and lower cost. In this review, we survey the developing field of blended cathode materials from a new perspective. Targeting a range of cathode materials, we survey the advances in the field in the current review. Limitations, such as capacity decay due to metal dissolution are also discussed, as well as how the appropriate balance of characteristics of the blended materials can be optimized for hybrid- and electric-vehicle applications.