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Lithium-ion batteries (LiBs) have been widely used in electrified vehicles, and the battery thermal management (BTM) system is needed to maintain the temperature that is critical to battery performance, safety, and health. Conventionally, three-dimensional battery thermal models are developed at the early stage to guide the design of the BTM system, in which battery thermophysical parameters (radial thermal conductivity, axial thermal conductivity, and specific heat capacity) are required. However, in most literature, those parameters were estimated with greatly different values (up to one order of magnitude). In this paper, an investigation is carried out to evaluate the magnitude of the influence of those parameters on the battery simulation results. The study will determine if accurate measurements of battery thermophysical parameters are necessary.