The frequent safety accidents involving lithium-ion batteries (LIBs) have aroused widespread concern around the world. The safety standards of LIBs are of great significance in promoting usage safety, but they need to be constantly upgraded with the advancements in battery technology and the extension of the application scenarios. This study comprehensively reviews the global safety standards and regulations of LIBs, including the status, characteristics, and application scope of each standard. A standardized test for thermal runaway triggering is also introduced. The recent fire accidents in electric vehicles and energy storage power stations are discussed in relation to the upgrading of the rational test standards. Finally, the following four suggestions for improving battery safety are proposed to optimize the safety standards: (1) early warning and cloud alarms for the battery’s thermal runaway; (2) an innovative structural design for a no-fire battery pack; (3) the design of a fire water injection interface for the battery pack; (4) the design of an immersive energy storage power station. This study provides insights for promoting the effectiveness of relevant safety standards for LIBs, thereby reducing the failure hazards.