A method of manufacturing nickel electrode for a nickel-zinc battery includes the steps of: providing a nickel oxyhydroxide (NiOOH) and a nickel metal; adding a first additive consisting of transition metal oxide to the nickel oxyhydroxide and the nickel metal; and adding a binder for combining the first additive to the nickel oxyhydroxide and the nickel metal, wherein the first additive contains one or more transition metal oxides selected from a group consisting of ruthenium oxide (RuO2) and rhodium oxide (RhO2). Metal oxide or hydroxide with a rare earth oxide improves the electrode capacity and shelf life. Zinc oxide is added to the cathode to facilitate charger transfer and improve the characteristics of high rate discharging. The cathode significantly increases the charging efficiency, promotes the overpotential of oxygen evolution, and intensifies the depth of discharging, thereby increasing the overall efficiency and lifespan of the battery.