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Pd85Ni10Bi5/C(II) showed the highest electrocatalytic activity (150 mA⋅cm-2; 2678 mA⋅mg-1) with low onset potential (0.207 V) for EOR in alkaline medium, as compared to a commercial Pd/C and to the other synthesized ternary nanocatalysts Pd85Ni10Bi5/C(I) and Pd85Ni10Bi5/C(III). This new synthesis approach provides a new avenue to developing efficient, carbon supported ternary nanocatalysts for future energy conversion devices. Graphical AbstractThe modified instant reduction method for synthesis of ternary Pd85Ni10Bi5/C(II) nanocatalyst