In the drive system of permanent magnet synchronous motors (PMSM), the current loop, as the inner control loop, is closely related to the system’s dynamic response capability. In high-power or high-speed applications that require a short transient process and fast response, under the condition of low carrier ratio, there are too few discrete control points for the motor within a single electrical cycle. The inaccuracies brought about by the lack of precise decoupling in vector control make it difficult to ensure the accurate response and tracking of the current. Therefore, this paper addresses the issue of system instability due to current loss in high-speed, low carrier ratio operation of the electric drive system by proposing a zero-beat current predictive control method in the stationary coordinate system based on stator magnetic flux linkage prediction and a parameter mismatch compensation strategy. Firstly, the paper analyzes the reasons for current instability in traditional zero-beat current predictive control at high speeds and studies a zero-beat current predictive control strategy that ensures accurate current response with no steady-state error. Secondly, considering the sensitivity of parameters in zero-beat control, a parameter mismatch compensation method suitable for the proposed zero-beat control is researched. Finally, through simulation and experimental validation, it is demonstrated that the proposed zero-beat control strategy has the smallest steady-state current fluctuation compared to PI control and traditional zero-beat control when the carrier ratio is not less than 10. At a carrier ratio of 7.5, only the proposed zero-beat control can follow the given speed of 4000 revolutions per minute (rpm) at a switching frequency of 2 kHz, while traditional control methods all fail to maintain stable current tracking and result in system instability as the carrier ratio decreases.