To meet the application requirements, parts of the permanent magnets are not magnetized directly after production. They have to be magnetized afterwards by application of a high external field which can come from a magnetizer. Therefore, in this paper, a method based on the switching power circuit is proposed. In the method, the inverter is first included to generate a basic square voltage. A double-voltage circuit is then utilized to further boost this square voltage. This process is followed by using the modularization design of switching capacitors so that the proposed circuit can provide large magnetizing current to loads with the interleaving mode. To validate the effectiveness of the method, a prototype is set up in the laboratory. The hardware tests with the non-magnetic ferrite magnet and post-assembly Interior Permanent Magnet motors are made. Test results indicate that the proposed circuit can generate the required magnetizing current indeed.