As a cathode material for lithium-ion batteries, lithium iron phosphate (LiFePO4, LFP) successfully transitioned from laboratory bench to commercial product but was outshone by high capacity/high voltage lithium metal oxide chemistries. Recent changes in the global economy combined with advances in the battery pack design brought industry attention back to LFP. However, well-recognized intrinsic drawbacks of LiFePO4 such as relatively low specific capacity and poor electronic and ionic conductivity have not yet been fully mitigated. Integration of electrochemically active electron-conducting polymers (EAECPs) into the cathode structure to replace conventional auxiliary electrode components has been proposed as an effective strategy for further performance improvement of LFP batteries. In this review, we show how various combinations of polymer properties/functions have been utilized in composite LiFePO4 electrodes containing EAECP components. We present recent advances in the cathode design, materials, and methods and highlight the impact of synthetic strategies for the cathode preparation on its electrochemical performance in lithium-ion cells. We discuss advantages and limitations of the proposed approaches as well as challenges of their adoption by the battery manufactures. We conclude with perspectives on future development in this area.