A double-stator flux-switching permanent magnet (DS-FSPM) machine using ferrite is proposed to replace an interior permanent magnet synchronous motor (IPMSM) on hybrid electric vehicles. A conventional FSPM machine is designed, and its torque characteristic is analyzed by a frozen permeability method. It is verified that magnetic saturation causes the reduction of flux linkage generated by PM and leads to the deterioration of electromagnetic torque. A DS-FSPM machine is effective for magnetic saturation because of its unique structure and makes the improvement of efficiency and power density. The proposed DS-FSPM machine achieves distinct performance enhancement compared with an IPMSM, even by utilizing ferrite PM.