The invention discloses a method for producing nanoscale cobalt (II) oxide, particularly a production method of cobalt (II) oxide used as a cathode material of secondary batteries. The nanoscale cobalt (II) oxide is prepared from raw materials including cobalt nitrate crystals, 150 L of aqueous ammonia with the concentration of 180 g / L, 1800 L of sodium hydroxide with the concentration of 130 g / L, dilute aqueous ammonia with the concentration of 10%, and the like through the steps of dilution, dissolution, synthesis, deposition, filtration, slurrying, washing, drying, semi-reduction decomposition under the positive pressure atmosphere, passivation through inert gases, sieving and the like. The prepared nanoscale cobalt (II) oxide with the particle size being only 0.1-0.5 micron is relatively narrow in particle size distribution, uniform in particle size and good in dispersion effect. The secondary batteries produced through adopting the cobalt (II) oxide as the cathode material of secondary batteries is relatively short in charging time, and particularly, the charge and discharge capacity of the secondary batteries reaches up to 90% at the low temperature of minus 40 DEG C, so that the service life of the secondary batteries is relatively long.