“…Transition-metal (Ni, Co, and Mn) catalysts have been developed as promising electrocatalysts for water splitting due to their excellent properties, abundance reserves, and low cost. − However, the insufficient active sites and poor chemical durability of these transition-metal catalysts hinder their electrocatalytic performance. , Recently, several strategies, such as surface engineering, , defect engineering, , heteroatoms doping, , and heterostructure fabrication, , have been attempted to develop the high-performance transition-metal-based catalysts. Among them, hybrid nanostructures composed of transition metal embedded in carbon matrix have been suggested as promising low-cost substitutes for noble-metal-based catalysts for water electrolysis. − In particular, Huang et al fabricated NiSe 2 @NC core–shell octahedrons and delivered an enhanced HER performance by changing the composition of the N-C shells; Yu et al synthesized a Co 3 O 4 /Co@NCs heterostructure as an efficient electrocatalyst for the oxygen reduction reaction . Encapsulation of metal species in the carbon shell is expected to be an efficient path to improve the intrinsic catalytic activity of transition-metal-based catalysts, which not only enables effective change in the electronic density of states around carbon by virtue of promoted electron transfer from metal atoms to carbon but also prevents the aggregation and corrosion of the metal component during the reaction. − In addition, doping of the heteroatom (such as N, S, P, etc.)…”