This invention provides a hybrid nano-filament composition for use as a cathode active material. The composition comprises (a) an aggregate of nanometer-scaled, electrically conductive filaments that are substantially interconnected, intersected, or percolated to form a porous, electrically conductive filament network, wherein the filaments have a length and a diameter or thickness with the diameter or thickness being less than 500 nm; and (b) micron- or nanometer-scaled coating that is deposited on a surface of the filaments, wherein the coating comprises a cathode active material capable of absorbing and desorbing lithium ions and the coating has a thickness less than 10 μm, preferably less than 1 μm and more preferably less than 500 nm. Also provided is a lithium metal battery or lithium ion battery that comprises such a cathode. Preferably, the battery includes an anode that is manufactured according to a similar hybrid nano filament approach. The battery exhibits an exceptionally high specific capacity, an excellent reversible capacity, and a long cycle life.