The invention discloses a high-strength cable material used for a railway vehicle, and a preparation method thereof. The high-strength cable material is prepared from the following raw materials by weight: 85-105 parts of polyphenylene sulfide, 40-60 parts of aromatic polycarbonate, 25-35 parts of ethylene-methyl acrylate-glycidyl methacrylate terpolymer, 4-8 parts of diphenyl-methane-diisocyanate, 12-16 parts of bis(4-carboxyphenyl)phenyl-phosphine oxide, 10-15 parts of zinc aluminate, 20-30 parts of magnesium hydroxide,8-12 parts of basalt short fibers, 2-3 parts of methacryloyloxy propyltrimethoxysilane, 3-5 parts of tri-(stearic mercaptoacetate)antimonium, 2-3 parts of calcium stearate, 1.5-2.5 parts of barium stearate, 4-8 parts of erucyl amide, 3-6 parts of polyethylene wax, 15-20 parts of calcined clay, 10-15 parts of basic magnesium chloride whiskers, 20-30 parts of precipitated white carbon black, 14-18 parts of modified stone powder, 10-15 parts of epoxidized methyl acetorieinoleate and 2-3 parts of an antioxidant 1222. The cable material provided by the invention has the advantages of high mechanical strength, high flame retardance, fire resistance, good thermal stability, excellent electrical insulation property, wide usage temperature range, etc.