The nickel–cadmium battery (Ni–Cd battery or NiCad battery) is a type of rechargeable battery using nickel oxide hydroxide and metallic cadmium as electrodes. The abbreviation Ni–Cd is derived from the chemical symbols of nickel (Ni) and cadmium (Cd): the abbreviation NiCad is a registered trademark of SAFT Corporation, although this brand name is commonly used to describe all Ni–Cd batteries.

Wet-cell nickel–cadmium batteries were invented in 1899. A Ni–Cd battery has a terminal voltage during discharge of around 1.2 volts which decreases little until nearly the end of discharge. The maximum electromotive force offered by a Ni–Cd cell is 1.3 V. Ni–Cd batteries are made in a wide range of sizes and capacities, from portable sealed types interchangeable with carbon–zinc dry cells, to large ventilated cells used for standby power and motive power. Compared with other types of rechargeable cells they offer good cycle life and performance at low temperatures with a fair capacity but their significant advantage is the ability to deliver practically their full rated capacity at high discharge rates (discharging in one hour or less). However, the materials are more costly than that of the lead–acid battery, and the cells have high self-discharge rates.

Sealed Ni–Cd cells were at one time widely used in portable power tools, photography equipment, flashlights, emergency lighting, hobby RC, and portable electronic devices. The superior capacity of nickel–metal hydride batteries, and recent lower cost, has largely supplanted Ni–Cd use. Further, the environmental impact of the disposal of the toxic metal cadmium has contributed considerably to the reduction in their use. Within the European Union, Ni–Cd batteries can now only be supplied for replacement purposes or for certain types of new equipment such as medical devices.

Larger ventilated wet cell Ni–Cd batteries are used in emergency lighting, standby power, and uninterruptible power supplies and other applications.

The first Ni–Cd battery was created by Waldemar Jungner of Sweden in 1899. At that time, the only direct competitor was the lead–acid battery, which was less physically and chemically robust. With minor improvements to the first prototypes, energy density rapidly increased to about half of that of primary batteries, and significantly greater than lead–acid batteries. Jungner experimented with substituting iron for the cadmium in varying quantities, but found the iron formulations to be wanting. Jungner's work was largely unknown in the United States. Thomas Edison patented a nickel– or cobalt–cadmium battery in 1902, and adapted the battery design when he introduced the nickel–iron battery to the US two years after Jungner had built one. In 1906, Jungner established a factory close to Oskarshamn, Sweden, to produce flooded design Ni–Cd batteries.

In 1932, active materials were deposited inside a porous nickel-plated electrode and fifteen years later work began on a sealed nickel–cadmium battery.

The first production in the United States began in 1946. Up to this point, the batteries were "pocket type," constructed of nickel-plated steel pockets containing nickel and cadmium active materials. Around the middle of the twentieth century, sintered-plate Ni–Cd batteries became increasingly popular. Fusing nickel powder at a temperature well below its melting point using high pressures creates sintered plates. The plates thus formed are highly porous, about 80 percent by volume. Positive and negative plates are produced by soaking the nickel plates in nickel- and cadmium-active materials, respectively. Sintered plates are usually much thinner than the pocket type, resulting in greater surface area per volume and higher currents. In general, the greater amount of reactive material surface area in a battery, the lower its internal resistance.

Since the 2000s, all consumer Ni–Cd batteries use the jelly-roll configuration.^{[citation needed]}