A new class of materials is proposed to improve the electrocatalytic activity of hydride forming intermetallic compoundsof the AB5-type without making use of highly electrocatalytic precious metals like Pd or Pt. These materials, denotedas AB5.5, consist of two different crystallographic phases: the bulk phase, still responsible for hydrogen storage, isformed by the corrosion-resistant multicomponent "standard alloy" based on LaNi5; and a second phase, homogeneouslydecorating the surface of the bulk-phase particles, provides for the extremely fast electrochemical hydrogen reaction. Thecomposition of the second-phase alloy is such that synergism in the electrocatalysis occurs. A simple metallurgicalmethod of producing double-phase materials ...