An electric motor includes a stator having an outer peripheral surface including a plurality of projections and a housing having an inner peripheral surface including a plurality of recesses and holding the stator in a state of respective fits of the projections with the recesses. The housing is internally formed with a cooling channel, which includes a plurality of main channels each formed in an inter-recess region defined between circumferentially adjacent recesses and a connection channel axially shifted from a recess and extending across the recess to connect main channels adjacent across the recess. The electric motor is capable of effectively cooling a stator without upsizing.