In this paper, a novel variable-voltage, variable-frequency, dual, three-level, quasi-Z-source, indirect matrix converter topology is proposed, including a detailed description of a modulation method and a control strategy for three-phase motors with open-ended windings. The proposed power drive system (PDS) supports bidirectional power flow and has a combined control of DC-link voltage and output AC voltage frequency. Experimentally validation was performed on a 4-kW PDS. For a given supply voltage amplitude and the same power switch voltage rating in the DC/AC converter, the proposed PDS can double the voltage output gain, thus being an interesting solution for high-power applications with motors designed for higher voltages. The proposed PDS topology, modulation method and motor control strategy can reduce the common-mode component, low-order harmonic content, peak values and d <italic xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink">v</i> /d <italic xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink">t</i> of the motor phase voltage, ultimately leading to lower winding insulation voltage stress at low-speed, low-voltage operation, lower harmonic losses in the motor, and ride-through capability over voltage sags in the mains, which are important advantages.