The invention discloses a polyolefine / styrene system elastomer / graphitized carbon black electro-shaped memory material, which is characterized in that the components of the material by weight are: polyolefine 20-40 portions, styrene system elastomer 30-40 portions, graphitized carbon black 18-22 portions, plasticizer 6-10 portions, cross linker 0-2 portions and auxiliary cross linker 0-10 portions, the elongation at break is 300-550 percent, recovery (150-200V AC) 80-95 percent, fixed ratio (20 DEG C) 80-96 percent, recovery responding temperature 60-100 DEG C and recovery time 20-80s. The invention further discloses a preparation method of the material. The electro-shaped memory material of the invention not only has good memory performance, low cost and good comprehensive mechanical property, but also has good processing property, thereby being processed repeatedly, which is favorable for recycling. The raw material used in the method of the invention has low cost and simple technique, thereby needing no special processing equipment and being easy to be popularized and applied.