PEMFC are considered to be the most promising for automotive energy because of their good working effect, low temperature, high efficiency, and zero pollution. Stainless steel as a PEMFC bipolar plate has unparalleled advantages in strength, cost, and processability, but it is easy to corrode in a PEMFC working environment. In order to improve the corrosion resistance, the surface modification of 316L stainless steel is a feasible solution for PEMFC bipolar plates. In the present study, the plasma-nitrided coating and CrNx coating were prepared by the plasma-enhanced balanced magnetron sputtering technology on the 316L stainless steel surface. The microstructures, phase compositions, and corrosion resistance behavior of the coatings were investigated. The corrosion behavior of the prepared plasma-nitrided coating and CrNx coating was investigated by potentiodynamic polarization, potentiostatic polarization, and electrochemical impedance spectroscopy (EIS) in both cathodic and anodic environments. The experimental results show that corrosion resistance of the CrNx coating was better than the plasma-nitrided coating. It was indicated that the technology process of nitriding first and then depositing Cr was better than nitriding only.