A novel asymmetric interior permanent magnet (AIPM) machine is proposed in this paper. The machine's rotor consists of asymmetric poles and auxiliary flux barriers. The torque ripple of the machine is weakened by the asymmetric design of the left and right sides of the magnetic poles. The magnetic‐field‐shifting (MFS) effect improves the electromagnetic torque after adding the auxiliary flux barrier to shift the magnetic axis. The influence of critical geometrical parameters on the electromagnetic performance of the machine is investigated under the condition that the stator and permanent magnet volume remain unchanged. The relevant geometrical parameters of the machine are optimized and designed through the improved Taguchi method. The performance of the AIPM machine and the conventional machine under no‐load and load conditions are further compared by simulation analysis with finite elements, verifying the increase in electromagnetic torque and the reduction in torque ripple. © 2024 Institute of Electrical Engineer of Japan and Wiley Periodicals LLC.