An electrochromic medium comprises a cathode electrochromic compound, wherein the structural formula of the cathode electrochromic compound is as shown in the specification, R1 is selected from normal alkyl or heterogeneous alkyl containing 1-20 carbon atoms; each of R2-R14 is independently selected from H, alkyl, cycloalkyl, polycyclic alkyl, aryl, heterocyclic alkyl, aromatic alkyl and alkaryl containing 1-50 carbon atoms or alkyl, cycloalkyl, polycyclic alkyl, aryl, heterocyclic alkyl, aromatic alkyl and alkaryl containing 1-50 carbon atoms and halogen, N, O, S, Si, P or unsaturated bond groups; X1<-> is selected from acetate anion, methyl phenyl acetate sulfonate anion, tetrafluoroborate anion, hexafluoroborate anion, tetraphenyl borate anion, trifluoro mesylate anion, perchlorate anion, bis-oxalate borate anion, oxalate difluoroborate anion, bis(trifluoromesyl) imide anion and tri(trifluoromesyl) methyl anion. The cathode electrochromic compound has the advantages that good electrochemical reversibility is achieved, fast color changing and good stability are achieved, the lowest value of visible light transmittance is small, and the like.