Liquid electrolyte consisting of 1 M LiPF6 in ethylene carbonate (EC)/dimethyl carbonate (DMC) and 0.1 wt% benzotriazole (BzTz) is studied in LiCoO2//graphite battery system at room temperature. Benzotriazole addition introduces excellent electrochemical stability (5.6 V vs Li) and good ionic conductivity properties at room temperature. Also, this electrolyte shows good cycling performance and better discharge capacities at high C-rates relative to the pristine electrolyte. Furthermore, the additive allows the formation of a good solid electrolyte interphase (SEI) per cyclic voltammetry (CV) examination. These specialized properties make this liquid electrolyte ideal for high power and high voltage applications.