Many studies demonstrate the great potential of MOx, especially MnO2, as electrode materials for high energy supercapacitors. However, monoclinic LiXMnO2, which has been traditionally used as cathode material for Li ion batteries, was barely studied as an electrode material in the field of supercapacitors, despite its improved stable structure and conductivity relative to pure MnO2. We present a comprehensive structural, chemical and electrochemical characterization of monoclinic Li0.33MnO2 as a positive electrode material for aqueous high-voltage hybrid supercapacitors. The monoclinic Li0.33MnO2 was synthesized through a thermal solid-state synthesis. Li0.33MnO2 electrodes exhibit wide operational potential window, between −1.25 and 1.25 V vs SCE, which enables them to serve as either negative or positive electrodes. This electrode material exhibits high specific capacity 140 mAh g−1 at low current densities 0.1 A g−1, and 76 mAh g−1 at 1 A g−1 in this range of potentials. Hybrid supercapacitors composed of Li0.33MnO2 positive electrode and activated carbon (AC) negative electrode were fabricated. They exhibit outstanding electrochemical performance in terms of operational potential window, cycleability, energy and power density. The Li0.33MnO2/AC hybrid capacitor has an energy density of 13.5 Wh kg−1 at power density of 100 W kg−1, which is twice than that of MnO2/AC and AC/AC supercapacitors, and an energy density of 7 Wh kg−1 at 1000 W kg−1, which is seven times higher than that of AC/AC capacitors at this power density. Furthermore, this hybrid capacitor presents an excellent cycle life with 80% specific capacitance retention after 12,000 cycles to 2 V. The electrochemical charge storage mechanism of the monoclinic Li0.33MnO2 was investigated by voltammetry and XRD.