Developing a Pd‐based catalyst possessing high efficiency and low mass loading remains a big obstacle for the large‐scale application of electrocatalytic hydrodechlorination (EHDC) of chlorophenols (CPs). Herein, high dispersion Pd nanoparticles imbedded in Pd2+ hydroxide species are decorated on the surface of F‐Co(OH)2 nanowire arrays with a newly developed electrodeposition and hydrolysis coupled process. EHDC of 2,4‐dichlorophenol (2,4‐DCP) with the as‐obtained Pd/F‐Co(OH)2/NF‐a exhibits superior performance than other control samples in this work and literature reports. A 100% removal of 2,4‐DCP is accomplished within 120 min, featuring fast reaction kinetics (kobs = 5.0 × 10‐2 min‐1) and mass activity (MA = 22.2 min‐1 g‐1Pd). Mechanism investigation shows that the intentionally introduced Pd2+ sites play a pivotal role in the adsorption of 2,4‐DCP, while high dispersion of Pd facilitates the generation of active H*, thus promoting the catalytic performance. This work presents a valuable example for designing high‐performance Pd‐based EHDC catalysts by composition tuning.