A coating powder based on chemically modified titanium suboxides, for use in various coating techniques. Coatings produced from this powder are characterized by high electroconductivity, good solid lubricating properties and resistance to wear. For these reasons, there are numerous possibilities of use of components which were coated by suitable processes with this powder, especially as functional layers for fuel cells in electrochemical installations, in the new car industry, in mechanical engineering and in other economic activities. The coating powder based on titanium suboxides having a defined defect structure is characterized in that it is modified by at least one metallic alloying element and described by general formula: Ti.sub.n-2Me.sub.2O.sub.2n-1.