In this work, oxygen vacancy‐rich C/TiO2 (OV‐C/TiO2) samples are prepared by a one‐step calcination approach using Ti3C2 MXene as the precursor, and used for the photocatalytic N2 reduction. The NH3 yields of all the prepared OV‐C/TiO2 samples exceed those achieved on commercial anatase TiO2 and P25, with both H2O and CH3OH as the proton sources. Among them, the OV‐C/TiO2‐600 offers the remarkable NH3 synthesis rates, which are 41.00 µmol g−1 h−1 (with H2O as the proton source) and 84.00 µmol g−1 h−1 (with CH3OH as the proton source). The photocurrent and fluorescence spectra show that OV‐C/TiO2‐600 exhibit the highest generation/separation rate and longest lifetime of photocarriers among all the prepared samples. ESR and TPD experiments confirm much more efficient chemisoption of N2 on the surface of the prepared OV‐C/TiO2‐600 than that on the surface of the commercial anatase TiO2. Moreover, DFT calculations further demonstrate that N2 conversion to NH3 through a Gibbs free energy release leading alternating pathway with a low energy barriers, on the oxygen vacancy on TiO2 surface.