Acoustic emission(AE) signal was detected during charge and discharge of lithium ion battery to investigate relationships among cumulative count, discharge capacity, and microdamages. AE signal was received during accelerated charge/discharge cycle test of a coin-type commercial battery. A number of AE signals were successfully detected during charge and discharge, respectively. With increasing number of cycle, discharge capacity was decreased and AE cumulative count was observed to increase. Microstructural observation of the decomposed battery after cycle test revealed mechanical damages such as interface delamination and microcracking of the electrodes. These damages were attributed to sources of the detected AE signals. Based on a linear correlation between discharge capacity and cumulative count, feasibility of AE technique for evaluation of battery degradation was suggested.