“…However, their high cost, especially because of the massive use of the scarce Pt-group metal (PGM) in the catalyst layers is one of the major obstacles for the commercialization of PEMFCs [5][6][7] . Intensive efforts have been devoted to developing inexpensive catalysts for fuel cell applications in the last decade, including Pt-transition metal alloys [8][9][10] , core-shell [9,11,12] nanostructured catalysts [9,13,14] , and non-precious metal catalysts [8,15,16] . Although great achievements have been made in half-cell measurements, there are challenges in fuel cell application, especially with regard to mass transport and durability [17,18] .…”