The invention relates to conductive high molecular 
polymer / 
alloy composite material for 
nickel-
hydrogen batteries and a preparation method thereof. The 
composite material is compositely formed by a 
metal AB3 
alloy and a conductive high molecular 
polymer, and is a material that the conductive high molecular 
polymer is coated on the surface of the 
metal alloy; the mixture ratio of the 
metal AB3 alloy is La 0.7 Mg 0.3-x Ti x Ni y Co 3.5-y, wherein, x is equal to 0-0.15, and y is equal to 2.0-3.5; and the 
mass mixture ratio of the 
metal alloy and the conductive high molecular polymer is 100:1-4. The 
composite material can be prepared according to the following steps: 1) an organic 
monomer with 
conductivity is evoked by acid conditions and oxidant to polymerize to obtain the conductive high molecular polymer; 2) the 
metal alloy is prepared through a high-temperature 
smelting furnace, and then undergoes ball milling with the conductive high molecular polymer to obtain the even composite material. The preparation method has simple process and low cost, and can effectively improve the stability of charge / 
discharge circulation of alloy electrodes by compounding the conductive high molecular polymer and the 
metal alloy, thereby providing effective protection for alloy electrodes. The material is suitable for applications such as the protection of 
electrode materials, fuel batteries and so on.