Ni-rich layered transition metal oxides show great energy density but suffer poor thermal stability and inferior cycling performance, which limit their practical application. In this work, a minor content of Co and B were co-doped into the crystal of a Ni-rich cathode (LiNi0.8Co0.1Mn0.1O2) using cobalt acetate and boric acid as dopants. The results analyzed by XRD, TEM, XPS and SEM reveal that the modified sample shows a reduced energy barrier for Li+ insertion/extraction and alleviated Li+/Ni2+ cation mixing. With the doping of B and Co, corresponding enhanced cycle stability was achieved with a high capacity retention of 86.1% at 1.0C after 300 cycles in the range of 2.7 and 4.3 V at 25 °C, which obviously outperformed the pristine cathode (52.9%). When cycled after 300 cycles at 5C, the material exhibits significantly enhanced cycle stability with a capacity retention of 81.9%. This strategy for the enhancement of the electrochemical performance may provide some guiding significance for the practical application of high nickel content cathodes.