AbstractPerovskite oxides show great promise as an alternative catalyst to the conventional nickel cermets for CO2 reduction reactions (CO2RR) in solid oxide electrolysis cells (SOECs) owing to their advantages of redox stability and coking resistance. Nevertheless, practical applications of these oxides are prevented largely by their poor CO2RR activities. Herein, a novel donor and acceptor co‐doped nonstoichiometric double perovskite, La0.3Sr1.55Fe1.5Ni0.1Mo0.4O6−δ (LSFNM), is developed with in situ exsolved FeNi3 nanoparticles to efficiently catalyze CO2RR in SOECs. Pure CO2 electrolysis over the impregnated FeNi3@LSFNM catalysts is evaluated on two types of SOECs—one with thin (ZrO2)0.89(Sc2O3)0.1(CeO2)0.01 (SSZ) electrolytes supported on 430L alloys and the other with thin La0.9Sr0.1Ga0.8Mg0.2O3−δ (LSGM) electrolytes supported on impregnated SmBa0.5Sr0.5Co2O5+δ (SBSCO)@LSGM anodes, producing unprecedently high current densities of 2.84 A cm−2 for the former and 3.07 A cm−2 for the latter at 1.5 V and 800 °C. Experimental analysis and density‐functional theory (DFT) calculations reveal collective synergistic catalysis of oxygen vacancies (), the doping Ni2+ ions and FeNi3 nanoparticles via the cooperative ‐O(CO2), and Ni(II)–C(sp) and Ni(0)–O(CO2) interactions in LSFNM, not only facilitating CO2 chemisorption on oxygen vacancies but also destabilizing and dissociating surface carbonates in the vicinity of FeNi3 spontaneously into CO.