Reversible flow of Li⁺ ions and electrons stores and releases electrical energy.
A lithium-ion cell stores energy by moving Li⁺ ions between two electrodes. Discharging lets Li⁺ drift from the graphite anode to the layered-oxide cathode through the electrolyte, forcing electrons through your device — that electron flow is the current. Charging uses an external source to push everything back. The same ions shuttle back and forth, so the cell is rechargeable.
Both electrodes sit immersed in one electrolyte, split by a porous separator. Watch the Li⁺ ions cross the electrolyte and the electrons travel the outer circuit — always in the direction the mode arrow shows. As Li⁺ leaves the anode the state of charge and voltage fall; charging reverses it. At the limits the current stops: Empty (all Li⁺ at the cathode) and Full (all back in the anode).
Linden & Reddy, Handbook of Batteries; Tarascon & Armand, Nature 414 (2001); Shannon ionic radii (1976); CODATA 2018 (F). V(SOC) is a teaching model, not a datasheet curve.