CATALYST MATERIAL FOR A FUEL CELL OR AN ELECTROLYSER AND ASSOCIATED PRODUCTION METHOD

The invention relates to a multi-component catalyst material for use in a fuel cell or electrolysis system, in particular in a regenerative fuel cell or reversible electrolyser. According to the invention, the catalyst material comprises a doped manganese oxide, a NiFe intercalation compound and a conductive carrier material, wherein the doped manganese oxide and the NiFe intercalation compound are supported on the carrier material.