This paper proposes a new equivalent magnetic network (EMN) model for vehicular dual-permanent-magnet vernier (DPMV) machines by applying a generalized modeling method. First, the magnetic circuit method and the meshing method are combined together to improve the modeling efficiency of the DPMV machine. The magnetic circuit method is used to generate conventional lumped parameter permeances to shorten time consumption, whereas the mesh method is utilized in disordered magnetic fields to obtain high precision. Second, a meshing solution for oblique region is proposed to enhance modeling flexibility. Moreover, the flux distributions in meshes are represented without magnetic field pre-delineation, which enables its utilization as a self-adaptive reluctance network model in design optimization. Finally, the proposed EMN model is used to predict the performance of the DPMV machine, considering leakage magnetic flux, local iron saturation, and magnetic field modulation effect simultaneously. Meanwhile, the effectiveness of the proposed EMN model is verified by comparison with finite-element analysis and experimental tests.