This paper proposes a 300 kW 24-slot/10-pole 6-phase stator-shifted fractional-slot concentrated winding spoke-type ferrite permanent magnet machine for electric truck applications. The proposed motor consists of a stator with dual three-phase windings positioned 75 degrees apart to reduce higher-order MMF harmonic order, and a rotor with an inexpensive and high-resistance ferrite permanent magnet in the spoke configuration. The simulated result of the stator-shifted machine is compared with a fabricated stator-shifted machine, and the results show good agreement with each other. To further reduce the torque ripple from 2.5 to 0.9% while maintaining a high maximum torque of 2980 Nm, circular voids with a diameter of 11 mm are embedded in the rotor. The proposed motor is evaluated for irreversible demagnetization, mechanical and thermal stability, and fault tolerant ability. To assess the proposed motor performance, the electric truck simulation model is constructed using MATLAB/Simulink and used to compare with the reported 12-slot/10-pole rare-earth permanent magnet-based machine. Compared to a previously reported six-phase rare-earth permanent magnet based flat-type machine, the proposed motor can save 4.3 kWh of energy with a USD 2512 lower cost while retaining a similar motor performance.