The present invention discloses an alternating current (AC) permanent magnet motor, including a stator, a rotor, and a controller. Cable troughs and some same coil windings exist on a silicon steel sheet of a stator core. Grooves exist on the stator core, and stator permanent magnets are mounted in the grooves. The groove includes two types of grooves, namely, open grooves and enclosed grooves, and the two types of grooves are alternately laminated to form the stator core. A coil unit of the stator includes stator permanent magnets mounted in grooves of two stator cores and four same coils, and some same coil units form a three-phase stator coil. The rotor includes rotor cores, enclosed squirrel cages and rotor permanent magnets. The controller outputs a three-phase power source having a same positive and negative half sine-wave or step-wave pulse.