This paper proposes an electromagnet-assisted ferrite magnet motor (EMaFM) with a double air-gap structure. To confirm the principle and validity of the proposed EMaFM, a prototype machine was designed and fabricated. Moreover, the electromagnetic performance of the prototype machine was simulated using a finite-element analysis (FEA) and was supported by experiments. The proposed EMaFM has field regulation capability while utilizing the ferrite magnets. From the FEA and experimental results, it was found that the torque can be controlled widely by the armature current or field current.