The 3-phase windings of interior permanent magnet synchronous machines (IPMSMs) used in electric vehicles (EVs) for traction can also be utilized for charging a battery. This integrated charging technology eliminates the on-board charger, leading to a significant reduction in the overall weight and cost of the EV. However, during integrated charging, the induced magnetic fields across the IPMSM windings are unbalanced, which could lead to addition of harmonic current components at the battery side, demagnetization, noise, and vibrations. This paper provides a novel design solution by implementing asymmetrical damper bars in the IPMSM rotor to mitigate unbalanced magnetic fields during integrated charging, and, thus, overcome the aforementioned issues. However, the bars introduced could affect the useful torque production of the machine during traction. Therefore, a magnetic equivalent circuit model based differential evolutionary algorithm is proposed and implemented to optimize the IPMSM rotor structure with dampers to achieve balanced magnetic fields during integrated charging operation and satisfactory traction performance. A comprehensive performance analysis of the optimally designed traction IPMSM equipped with integrated charging capability under both operating conditions is presented in this paper using finite element analysis.