Abstract: In a first type of variable speed electric motor, two coaxial shafts are mounted in a housing. Two rotors are mounted on each shaft. Two stators are mounted in the housing. Each of the stators is in operative association with a rotor mounted on a different one of the shafts. The remaining two rotors are in operative association with each other and form a converter motor. In the second type of variable speed electric motor, two parallel shafts are mounted in a housing. A support is mounted for rotation around the first shaft. Two rotors are mounted on the first shaft. A stator is mounted in the housing in operative association with one of the rotors mounted on the first shaft. A third rotor is mounted on the support in operative association with the other rotor mounted on the first shaft. The support is geared to the first shaft through idler gears mounted on the second shaft.