As the vital part of lithium ion batteries, conductive additives play important roles in the electrochemical performance of lithium ion batteries. They construct a conductive percolation network to increase and keep the electronic conductivity of electrode, enabling it charge and discharge faster. In addition, conductive additives absorb and retain electrolyte, allowing an intimate contact between the lithium ions and active materials. Carbon nanomaterials are carbon black, Super P, acetylene black, carbon nanofibers, and carbon nanotubes, which all have superior properties such as low weight, high chemical inertia and high specific surface area. They are the ideal conductive additives for lithium ion batteries. This review will discuss some registered patents and relevant papers about the carbon nanomaterials that are used as conductive additives in cathode or anode to improve the electrochemical performance of lithium ion batteries.