The invention provides a ternary material, a preparation method and a battery. The chemical general formula of the ternary material is Li (Ni<x>Co<y>A )MO2, wherein M is a modifying element and comprises one or a combination of at least two of boron, tungsten, thallium, strontium, niobium or phosphorus, A is Al or Mn, x is more than 0.5 and less than 1, y is more than 0 and less than 0.5, z is more than 0 and less than 0.5, x + y + z = 1, a is more than or equal to 0.95 and less than or equal to 0.99, and a + b = 1. Special element modifiers are introduced into crystal lattices and the surfaces of the crystal lattices, so that the crystal face energy of the ternary material is regulated and controlled, the grain size and the growth direction are controlled, the structure, the size and the arrangement mode of primary particles in the material are optimized, generation of micro-cracks in the particles caused by anisotropic changes of the volume of the crystal lattices is relieved, the interface side reaction of the electrolyte is inhibited, and the electrochemical stability of the material is improved. Excellent grain orientation arrangement is beneficial to diffusion of lithium ions and improvement of the dynamic performance of the material.