This article proposes a new carrier selection strategy of generalized discontinuous pulsewidth modulation (GDPWM) method for the two-level three-phase voltage source inverter to reduce the dc-link capacitor current under all operating conditions while keeping the minimum switching losses. First, the root-mean-square value of dc-link capacitor current is effectively reduced by selectively using both single and double carrier signals and modifying the switching patterns of existing GDPWM method. Although the proposed carrier selection strategy depends on the power factor (PF), the PF calculation is avoided because the multicarrier signals are properly chosen based on the information of three-phase modulation signals and measured three-phase currents. Also, the switching losses can be kept to a minimum as the modulation signals of conventional GDPWM method, which are optimal in terms of the switching losses, remain the same and the proposed carrier selection strategy has little effect on the total number of switching events. The operating principle of proposed GDPWM method is theoretically analyzed. Then, its practical effectiveness is verified by experimental tests on a motor drive system.