In this paper, we report the synthesis, the structural and optical characterization of CdSe/CdS//CdS nanorods (NRs) and their exploitation in nanorod-based light-emitting diodes (NR-LEDs). Two kinds of NRs of CdSe/CdS and CdSe/CdS//CdS were incorporated into the structure of solution-processed hybrid NR-LEDs. Compared to CdSe/CdS, the efficiencies of CdSe/CdS//CdS NR-based LEDs are overwhelmingly higher, specifically showing unprecedented values of peak current efficiency of 19.8 cd/A and external quantum efficiency of 15.7%. Such excellent results are likely attributable to a unique structure in CdSe/CdS//CdS NRs with a relatively high quantum yield, thick CdS outer shell, and rod structure which minimize nonradiative energy transfer between closely packed NRs in emitting layer.