Space charge accumulation inside the cross-linked polyethylene (XLPE) insulation is one of the most serious problems in HVDC cable operation. In this paper, the voltage stabilizers that have excellent compatibility with XLPE are used to suppress the space charge in XLPE insulation. Three different voltage stabilizers, 4,4'-Difluorobenzophenone, 4,4'-Dihydroxybenzophenone, and 4,4'-Bis (dimethyl amino) benzyl, denoted as A, B, and C, respectively, were added into XLPE material with additive content of 0.5 wt%, and neat XLPE was used as a control. The differential scanning calorimeter (DSC) test, tensile test, DC conductivity and breakdown strength measurements were employed to characterize the thermal, mechanical and electrical properties of the samples respectively. Moreover, the space charge behaviors were investigated using the PEA method, and the trap-controlled carrier mobility was evaluated by the depolarization processes of the space charge. The mechanical and thermal analyses indicate that the presence of voltage stabilizers does not significantly change the microstructure of XLPE, as required for the preparation of HVDC cable insulation. Though the influence of voltage stabilizers on DC conductivity is not obvious, a higher breakdown strength was found in the voltage-stabilizer modified XLPE samples. In addition, XLPE modified by the voltage stabilizers B and C with higher trap-controlled carrier mobility show a good ability to suppress space charge in XLPE insulation, that is, less space charge accumulation and faster space charge dissipation than the neat XLPE. The experimental results reveal that the voltage stabilizers B and C show great promise for use in HVDC cable application.