New R,R’MgNi4-xMx (R,R’ = La, Pr, Nd; M = Fe, Mn; x = 0.5, 1) phases with cubic structure have been synthesized by powder sintering method. By the hydrogenation of the parent alloys seven hydrides with cubic (LaMgNi3.5Fe0.5H6.0, PrMgNi3.5Mn0.5H~6 and NdMgNi3.5Mn0.5H~5) and orthorhombic (PrMgNi3.5Fe0.5H4.5, NdMgNi3.5Fe0.5H4.3, La0.5Pr0.5MgNi3.5Fe0.5H4.6 and La0.5Nd0.5MgNi3.5Fe0.5H4.4) structures were obtained. The relationship between the structure, hydrogen content and the relative increase of the lattice volume of the new and early known hydrides is shown. Electrochemical parameters of the electrodes based on new materials are compared with already known ones. Highest discharge capacity is observed for PrMgNi3.5Mn0.5 (271 mAh/g) and NdMgNi3.5Mn0.5 (263 mAh/g). The best cyclic stability was seen for the electrode based on NdMgNi3.5Fe0.5 (S50 = 74%).