Cobalt phosphides modified by nitrogen-doped carbon quantum dots (CoP-NCQDs) were successfully constructed by a facile and low-cost hydrothermal treatment, which is expected to replace traditional noble-metal oxygen evolution reaction electrode materials. Detailed experiments and findings show that nitrogen-doped carbon quantum dots (NCQDs) have a significant impact on the morphology of the CoP catalyst, and nitrogen doping can regulate the surface-active sites to obtain the catalyst with abundant structural defects. Simultaneously, nitrogen doping can regulate the content of pyridinic N and pyrrolic N, which exerts positive effects on the formation of the bond structure and electron conduction between NCQDs and CoP.