Understanding
the microstructural evolution of bimetallic Pt nanoparticles
under electrochemical polarization is critical to developing durable
fuel cell catalysts. In this work, we develop a colloidal synthetic
method to generate core–shell Au@Pt nanoparticles of varying
surface Pt coverages to understand how as-synthesized bimetallic microstructure
influences nanoparticle structural evolution during formic acid oxidation.
By comparing the electrochemical and structural properties of our
Au@Pt core–shells with bimetallic AuPt alloys at various stages
in catalytic cycling, we determine that these two structures evolve
in divergent ways. In core–shell nanoparticles, Au atoms from
the core migrate outward onto the surface, generating transient “single-atom”
Pt active sites with high formic acid oxidation activity. Metal migration
continues until Pt is completely encapsulated by Au, and catalytic
reactivity ceases. In contrast, AuPt alloys undergo surface dealloying
and significant leaching of Pt out of the nanoparticle. Elucidating
the dynamic restructuring processes responsible for high electrocatalytic
reactivity in Pt bimetallic structures will enable better design and
predictive synthesis of nanoparticle catalysts that are both active
and stable.