An overview of fast charging materials for high power applications is given. The behavior at high current density of several anodic and cathodic materials that have been utilized in lithium‐, sodium‐, and potassium‐ion batteries is considered. Furthermore, the behavior of capacitive and pseudocapacitive materials suitable for electrochemical capacitors and, also, of those that have been utilized for the realization of hybrid‐ion capacitors, which are nowadays an interesting reality in the field of high power devices, is discussed. The advantages and limitations of all these materials are critically analyzed with the aim of understanding their impact on real devices. On the basis of this analysis, the most important aspects are identified, which should be addressed in the future for the realization of advanced high power devices.