To address the shortcomings of gas, high-pressure water mist, and other fire extinguishing agents in suppressing lithium battery fires, this paper investigated the low-pressure dual-fluid water mist for ternary lithium-ion battery fire suppression. The effects of low-pressure dual-fluid water mist on the appearance, heat generation inhibition, and electrical performance protection of lithium batteries at different temperatures (90 °C, 145 °C, and 200 °C) before thermal runaway were examined. The results show that under the application of low-pressure dual-fluid water mist, the thickness of the bulge near the pole lugs decreased by 0 cm, 0.01 cm, and 0.15 cm, and the extent of damage to the battery surface was reduced. The temperature of the non-heated surface of the battery decreases the most, by 38 °C, 43 °C, and 31 °C. The battery’s charging capacity increases by 487.54 mAh、4116.69 mAh and 6230.06 mAh, and the discharge capacity increases by 565.07 mAh、4325.11 mAh and 6297.45 mAh. These findings demonstrate that low-pressure dual-fluid water mist not only effectively protects the appearance, morphology, heat suppression, and electrical properties of lithium batteries, but also proves its reliability in inhibiting the thermal runaway process during the early stages.