The invention relates to an epoxy resin composition suitable for being adopted at low temperature. The composition comprises a polyfunctionality epoxy resin, biphenol A polyether epoxy resin, thermoplastic resin, a curing agent and an interfacial modification agent, wherein the composition is prepared from, by mass, 100 parts of polyfunctionality epoxy resin and biphenol A polyether epoxy resin, 20-40 parts of thermoplastic resin, 30-50 parts of the curing agent and 2-5 parts of the interfacial modification agent. The epoxy resin composition has the good manufacturability, the cured product has the advantage of being not likely to crack at low temperature, and the prepared carbon fiber composite material has the advantages of improving micro-crack resistance, being good in interface bonding force and the like, and is suitable for the fields of aircraft structural component manufacutirng, fuel storage tank and other military low temperature wind tunnels.