A method for building a component for an electrical rotating machine is provided. The method includes providing a powdered magnetic material and an electrically conductive material, positioning these materials within a mold selected to produce the required dimensions in the materials after the application of a hot isostatic pressing (HIP) procedure, and applying at least one HIP procedure to the materials in the mold. Temperatures and pressures of the process are chosen to ensure that the electrically conducting and magnetic portions of the component are bonded without the materials seeping into each other. The method may be employed to build small compact motor systems using motor components formed as described to produce uniform grain structure and consistent magnetic and structural properties in the motor components that are useful in vehicle drive wheels.